The Roomba of lawn mowers.! This new generation is anti lawns. Too much water is used to maintain them. They look for houses with little or no lawn. Crazy!
Everyone is so pie in the sky.- And that’s just the beginning of Graze’s overall vision. Leveraging the real-world data its mowers collect every day, Graze is hard at work building an integrated AI system that will manage entire fleets of autonomous mowers—detecting and treating plant diseases, balancing workloads and even tracking weather data to coordinate and direct automated mowing services where they’re needed most. The Weber grill CEO same thing. New grill will beam down AI intelligence and automatically correct the temp of your grill and alert you to Co2 poisoning and fire situations....
Piestro is the robot pizzeria disrupting the $54B pizza market The artisanal pizza experience with a futuristic twist. There’s a whole lot of dough in the pizza industry, and not just the edible kind. The US pizza market, despite being plagued by high costs and low margins, is currently worth $46B and expected to be $54B by 2023. Although inputs such as labor, ingredients and real estate continue to become more expensive, Americans’ demand for pizza isn’t going anywhere. That’s why Piestro has developed a solution that produces the same delicious pizza at a fraction of the cost with… you guessed it… a robot. Thanks to the innovative robotics technology from Wavemakers Labs and Piestro CEO Massimo Noja De Marco, the Piestro automated pizza kiosk was born. The fully-automated machines are designed to achieve zero contact food preparation, minimal food waste, consistent quality, and a much lower cost of operation. Capable of cooking made-to-order artisanal pizzas in just 3 minutes, Piestro boasts exceptional quality with the high-quality ingredients customers expect from traditional pizzerias. “Piestro is a stand-alone machine that can cook delicious, artisanal pizzas with the freshest ingredients in three minutes or less,” says De Marco. “This pizza is the same quality as the pizza that I was making with my mom back in Italy.” The entire experience is not only delicious but entertaining and interactive for all ages. Customers can make their selections on Piestro’s built-in touchscreen and immediately watch their pizza come together through the large kiosk window. Piestro provides a speedy and convenient experience for all its customers, making it perfect for locales suchs as malls, universities and workplaces. And topping it all off, Piestro kiosks operate 24 hours/day, because there’s no wrong time to eat pizza. Now, here’s where the real dough comes in… Because of labor and real estate costs, traditional pizzerias have low profit margins – estimated at 22% on average – but Piestro is changing the game. Their robot pizzeria eliminates the need for labor and cuts down on real estate footprint, essentially making the pizza at a fraction of the cost of traditional pizzerias. In fact, Piestro boasts an impressive 48% projected profit margin – a much more promising endeavor for any pizza maestro. Additionally, Piestro’s ‘Powered By Piestro’ program will allow existing brick & mortar chains to white label Piestro kiosks, providing access to a larger geographic and demographic reach at a much lower cost. Even regional and nationwide chains can get a slice of Piestro’s technology. And this is where it gets even more mouthwatering… Like other companies backed by Wavemaker’s robotics studio, Piestro is turning to public investors to raise funds needed to get the business cooking. In its current regulation crowdfunding round, Piestro has raised over $1M of their $5M goal, and now you can get a slice. With innovative design and profit margins that more than double traditional independent pizzerias, Piestro could fundamentally change the way Americans eat pizza. Don’t miss out on Piestro’s artisanal pizza with a futuristic twist. Piestro Partners With Kiwibot to Create a Fully Automated Pizzeria The partnership will allow for a fully automated and contactless pizza takeout/delivery experience in the COVID-19 era. As the demand for a contactless pizza experience soars in the COVID-19 era, two startups specializing in foodservice automation have partnered to make and deliver pizzas without the once-vaunted human touch. Piestro, which has developed a fully automated pizza shop with zero-contact food preparation and cooking, last week announced a partnership with Kiwibot, a robotics company that specializes in contactless delivery of food and goods. “We see automation as the clear path forward, a way to ensure quality and meet the concerns of the public over health and safety with contactless experiences,” Massimo De Marco, Piestro’s CEO, tells PMQ. “Cooking is a big part of that, but so is the food’s journey. Our partnership with Kiwibot really sets us apart early. We 100 percent believe that, in the coming months, demand for automation will only continue to increase, and we are already paving the way for a fully contactless experience from the time you order to the moment it reaches your door.” The partnership with Kiwibot comes after Piestro’s successful campaign on crowdfunding platform StartEngine. The company said it ended up with “an oversubscription of investor interest” and plans to launch a second funding campaign on StartEngine to give more everyday investors a chance to buy in. Related: Will pizza vending machines change the way we sell pizza? De Marco comes from a seventh-generation family of Italian chefs, including his mother. “Pizza is my first love, and I have more than 30 years of hospitality and robotics experience,” he says. “I’m a true lifer!” Starting in 1986, De Marco opened several restaurants in New York before moving to California in 1992. “I spent the next decade owning and running my own restaurants, doing event catering, hotel operations and bar design across the globe, including Switzerland, Mexico, Miami and Los Angeles,” he says. “I worked with Wolfgang Puck before branching out and looking at how technology and food could help address several industry challenges I had experienced through my career.” He cofounded Pasadena-based Kitchen United, a pioneer in ghost kitchens with a network of virtual kitchen facilities serving restaurants in Pasadena, Chicago, Scottsdale, Arizona, and Austin, Texas. Restaurants rent Kitchen United’s kitchen space to prep food orders for delivery, takeout and catering. De Marco also serves on the board of Miso Robotics, the company that created the burger-flipping foodbot known as Flippy. Nation’s Restaurant News ranked De Marco at No. 7 in its 2020 Power List of restaurant leaders changing the industry with technology and innovation. Piestro, a pizza-making machine that can bake a pizza in three minutes with just a push of a big, blue button, offers pizza restaurateurs a chance to expand their takeout reach. The machine can be placed in high-traffic locations such as college dormitories and apartment complex lobbies. “A Piestro unit is roughly the size of two vending machines and is fully autonomous, requiring no employees to operate, as opposed to the average pizza restaurant’s 10+ employees,” the StartEngine fundraising campaign stated. Piestro’s transparent window allows customers to watch as the pizza is assembled, complete with moving robotic arms, colorful dispensers that squirt sauce onto the crust and pop out ingredients—up to six toppings—and spinning disks that move the pizza from one stage of the pizza-making process to the next. Once the pizza is made, the machine boxes it and ejects the box through a slot near the bottom. The dough is made with Caputo flour, pressed into 12-inch disks, frozen and stored in shelves within the unit, De Marco says. “The anticipated cost to ‘open’ a new Piestro location will be $60,000, which is a steep drop in comparison to the $700,000 to $1 million it costs to open a small traditional pizzeria location,” De Marco notes. “While the profit margins of a traditional pizzeria are only 22 percent in terms of food costs, labor, real estate and other expenses, the profit margin of Piestro is around 48 percent.” Thanks to a transparent window, customers can watch as the Piestro pizza-making robot assembles the pie. Piestro’s partnership with Kiwibot adds a new moneymaking dimension to the business model. The Colombian-owned Kiwibot launched in 2017, and its 200-plus bots have made more than 100,000 deliveries around the world, according to the company’s website. Kiwibot’s diminutive robots are now a familiar sight on college campuses such as the University of California-Berkeley and the University of Denver. Earlier this year, Kiwibots also started making deliveries to customers in downtown San Jose and Buena Vista, California, for a delivery charge of $3.99. Each Kiwibot boasts a camera and sensors that detect surrounding objects and aid in navigation around obstacles. They’re often controlled remotely by humans, but the company hopes to make them fully autonomous over time. Related: Pizza vending machine offers fresh pies on street corner in Toronto According to De Marco, Piestro’s units will be integrated with a loading mechanism designed for Kiwibots, allowing the bot to collect the pizzas and deliver them. “Together, Kiwibot and Piestro further limit the potential for customer exposure to harmful pathogens,” he says. “Through an in-app order and purchase, customers can select their preferred pizza design. The order is registered with Kiwibot, and a bot is deployed to a Piestro location, where the pizza has been made through automation and timed to dispense as closely as possible to the Kiwibot’s arrival for maximum freshness and quality. Kiwibot picks up the pizza and delivers it directly to the consumers, creating an added layer of health and safety from the time your pizza is made to the moment [it’s] in hand.” Customers pay a separate fee for Kiwibot delivery, which is then charged back to the operator. “This fee can vary but is significantly lower than the up-to-30-percent that traditional delivery services take from operators,” De Marco notes. Piestro hasn’t launched its first unit yet, but “our up-and-coming model is advancing quickly,” De Marco says. “The partnership with Kiwibot will allow us to come to market with the best possible offering in the months to come. The exact timing may depend on other partnerships coming together and current talks with potential customers—lots of excitement there!” “We’ll be tackling the U.S. market first, but I know the world is full of pizza lovers like me,” De Marco adds. “Stay tuned—2021 will be a big year for us.” Related Stories
7/29 AMMO files to sell 13.73M shares of common stock for holders 07/29 POWW Be Prepared for that but if done correctly... Folks will see it has financing expansion a good thing... I think they think stock is going to pop...
Hi stonedinvestor, if you like to see the hedge funds investing you can also watch https://whalewisdom.com/stock/cpng. Click on column % of portfolio to rank to biggest holders, and see mutations. (but you probably already know this site) Btw guys i always like to read your thread, nice work!
So now the Italian guy that stretches the dough and tosses the pizza in the air... he's lost a job because of Piestro... We have to be careful ESG wise-- no taking of people's jobs. i got so pissed off when EZ pass took away the fine folks who manned those toll booths a friendly face is sometimes so needed when driving... tossing coins into this urinal shaped machine... oh the good ole' days...
Just so you know I hit that link from Zwaen and it's all safe. I'll tell you one thing... a whole bunch of hedge funds have made recent bets on this name.... This really is Hedge Fund Vs Technical Quant.... You can toggle for Insider moves but it's a bit foggy... Overall good site!
Hey Stoney... Know who reports tomorrow?! The mighty DriveShack. As these things go.... I say take it long. The headline release will overwhelm near term. Key words.... "near term". Buy buy buy!