Industrial robotics have revolutionized the way industries work, but they come with their own set of challenges, particularly when it comes to sourcing staff required to operate them. Helgen Technologies is a startup that provides software and hardware services for industrial robotics and specializes in autonomous vehicles for waste management, mining, and construction industries.
Solving a Major Problem
Helgen Technologies recognizes the major challenge faced by the waste management, mining, and construction industries, which have significant investments in machinery but struggle to find staff to operate them. The unavailability of staff results in the machines not operating at full capacity, leading to a loss in productivity and a decrease in revenue.
To solve this problem, Helgen Technologies makes vehicles autonomous, enabling them to operate at full capacity with 75% less staff. Their solution reduces labor costs, increases operational efficiency, and improves safety by minimizing the exposure of human workers to hazardous environments.
A Lucrative Market
Helgen Technologies is well-positioned to capture a significant share of the autonomous vehicle market in the waste management, mining, and construction industries. In the USA alone, there are more than 1,000 customers in the landfill market with a total addressable market of $400 million. The adjacent market of mining for autonomous retrofit is over $6 billion in the US alone.
Impressive Founding Team
Helgen Technologies was founded by a team of two engineers, one business development expert, and a highly networked mining industry expert. The engineering team comes with a wealth of experience from JLR Autonomous Vehicle Programme, Valeo AV programme, and Qualcomm.
Conclusion
In summary, Helgen Technologies is a startup that offers a solution to the challenges faced by the waste management, mining, and construction industries by making their vehicles autonomous. Their innovative solution provides cost savings, operational efficiency, and safety improvements. With a massive addressable market, a strong founding team, and an innovative product offering, Helgen Technologies is poised for growth and success in the coming years.
Website: https://www.helgen.tech/
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