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The Hustle Daily Show
This exoskeleton suit may save companies billions
Dec 22, 2023
In this podcast, they discuss an innovative exoskeleton suit that could prevent workplace injuries and save companies billions. They also talk about Mariah Carey's Christmas dominance, canceling gym memberships, and the economics of her songs. The hosts share their opinions on Christmas songs and introduce the wearable exoskeleton by Verve Motion. They explore the Safe Lift Exo Suit and other applications of exoskeleton technology. Additionally, they discuss the 'Entrepreneurs on Fire' podcast and alternative podcast platforms.
14:55
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Quick takeaways
- Exoskeleton suits like the Safe Lift Exo Suit have the potential to significantly reduce workplace injuries by offloading weight and reducing the risk of back injuries for workers in warehouses and similar settings.
- The development of exoskeletons extends beyond warehouses, with companies working on exosuits to assist people with spinal cord injuries, collaborating with the military to create exosuits for soldiers, and researching exoskeletons that can enhance running abilities, offering potential benefits for various industries and physical labor positions.
Deep dives
Exosuit by Verve Motion: Relieving Workplace Injuries
Verve Motion, a company based in Massachusetts, has developed a wearable exosuit called the Safe Lift Exo Suit. These lightweight suits are designed to help workers in warehouses and similar settings avoid back injuries when lifting heavy items. The suit offloads 40% of the average 50,000 pounds lifted by warehouse workers daily, reducing the risk of back injuries by 65 to 85%. It is easy to put on, suitable for any body type, and the batteries last for 10 to 12 hours. Pilot programs have shown promising results, and the company has secured $40 million in funding with an estimated valuation of $100 million.
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