Startup Series: AMP Robotics
Between China and other South Eastern countries refusing to take low quality materials and COVID-19's impact, the recycling industry is suffering. AMP Robotics is working to change the way recycling facilities sort through material by using AI and robotics rather than manual labor while also providing better incentives to keep operating costs low. AMP projects automating manual sorting will increase efficiency by 75% and offset two manual sorters per shift. Robots and AI have a 99% sorting accuracy rate, a 90% recovery rate on useable material, and can double to picks-per-minute of manual labor. AMP is currently focused on single stream recycling facilities but is hoping to expand into demolition/construction material, electronic waste, composting and organic material, and automated shredding. They are operational in the U.S., parts of Europe, and Japan.
Founder, Matanya Horowitz, and I discuss his background and how AMP Robotics started. We dive into the controversies of recycling, the inefficiencies that AMP is solving and where the future of recycling is going. I really enjoyed talking with Matanya and learning about the problem AMP Robotics is trying to solve, their momentum and progress, and future plans. Enjoy the show!
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In today’s episode, we cover:
An overview of AMP Robotics and how the company got started
Controversies surrounding recycling
Inefficiencies AMP is trying to solve
The future of recycling