![Why Do So Many Robotics Companies Fail? Why Do So Many Robotics Companies Fail?](https://imageio.forbes.com/specials-images/imageserve/654bd084f1bd8c7cf484ef89/0x0.jpg?format=jpg&height=900&width=1600&fit=bounds)
Why Do So Many Robotics Companies Fail?
Co-founder, Cardinal Robotics—providing products and services that drive robot adoption. getty The robotics industry has seen high failure rates despite rapid growth and innovation. Based on my experiences and recent analyses, there are several key reasons behind the high failure rate of robotics startups, which can be grouped into a number of themes. While many…