00:00This is technology that at its core was developed at U.S. universities, funded by U.S. taxpayer dollars,
00:07and now we're seeing a lot of the Chinese companies really benefiting from it
00:11and shipping many more robots than we are in the U.S., unfortunately.
00:15Core technology is at the heart of all of the Chinese-legged robots that I've actually seen be successful to
00:22date.
00:22It's a completely different paradigm that we were a part of developing as part of our academic careers.
00:30There were papers published, and then these papers were very closely studied by Chinese companies like Unitree,
00:36and these principles were put to work and then scaled in an exceptional way using amazing manufacturing and supply chain
00:44technology
00:45to where now you see companies like Unitree and other companies in China are shipping way more legged robots than
00:52American companies are.
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