Sunday, June 14, 2009

Dow turns positive for '09; NASDAQ up 18%; US Robo-Stox™ trail

Robo-Stox™, a compilation of worldwide publically traded stocks in the robotics industry and presented on The Robot Report, clearly show that America is losing the race in robotics except in two areas: medical/surgical and defense/security.

Robotics stocks in Korea, Japan and Europe are outperforming American stocks and the NASDAQ.


PPIP’s. Public, Private Investment Partnerships focused on robotic growth where it will do the most good.

Korea is two years into an aggressive plan to invest $1 billion in order to be #1 in the worldwide robotics industry by 2018 and they’re spending $100 million each year in that pursuit.

Japan has many PPIPs focused on enabling the elderly to remain independent as long as possible thereby reducing healthcare cost and providing a better life for its citizens with robotics.

Europe has many PPIPs. One, which just concluded, focused on the robotic needs of small and medium-sized manufacturers. Yet when American educators from the major US tech universities presented their roadmap for our robotics industry before Congress last month, their suggestions for manufacturing had already been researched and reflected in the EU’s SME Robot Initiative. We are that far behind!

Worse, to date there’s been just one story about the presentation before Congress, and not a single published quote on the subject from any of the members of the Robotics Caucus. It's an interesting and illuminating read and I invite you download the PDF file and read it.

America desperately needs public/private partnerships to foster it's robotics industry or this budding business will go the way of the original American robot manufacturer: from Detroit to Japan.

Details and links for all the information above can be found in The Robot Report, a free website dedicated to tracking the business of robotics. The founder of a leading robotics company said about The Robot Report: “...your site has been a mainstay of my presentations. It shows next-generation robotics as ‘a real business and not just a big playground.’”