Francesco Ferro has been building humanoids for more than 20 years, and he says that when he spoke about bipedal humanoid robots, everybody told him it would never work. He was named Robotics CEO of the Year in 2024. PAL Robotics now has around 120 employees, opened in Toulouse in 2020 and in Bari in 2023, and he hopes to open in Germany this year. In this conversation he explains where he sees Europe in the race between the US and China, and what Europe can build on.
In this interview from The Robot Bureau, Rogier and Lei sit down with Francesco Ferro, CEO and co-founder of PAL Robotics, at the Humanoid Robots Summit Europe in Stuttgart.
As Francesco sees it, the US is spending to become the brain of all robotics and China, especially with government money, to be the only producer of the robot supply chain. Europe sits in the middle and, in his words, wakes up a little late, like always. His case against chasing a big valuation is about ownership, because the biggest venture capital funds are in the US or China, and once someone enters the shares, governments have no tools to stop a company from being bought by someone else. A company from Abu Dhabi helped PAL with different projects as it grew, and PAL uses components from China, Germany, Italy and Spain depending on price, quality and delivery time.
"Europe is just in the middle. We are now, like always, wake up a little bit late."
Francesco is against raising taxes on imports and wants Europe to work with China, the US, Japan and Korea, while keeping the know-how and not giving away, for example, the cheap production or the batteries in Europe. The Vienna Statement, as he describes it, asks that robots help people rather than substitute them, that Europe thinks long term, and that the more conservative companies in Europe open the door to collaboration. He also says the big companies PAL works with trust open source more and more, and Sony closing its Aibo section and never opening the code is his example of what happens when a company closes its code.
Rogier and Lei cover: how the cobot changed what people expect from robots, why Francesco does not see one dominant monopoly as the European way, what the Kinect gaming camera taught PAL about reusing parts from other industries, what PAL wants to show with industrial proofs of concept in the next year, and why he calls himself crazy for refusing to measure success by valuation.
Chapters:
00:00 Francesco, PAL Robotics and euRobotics
01:23 Robotics CEO of the Year 2024
02:45 From cobots to the US-China race
06:02 The Vienna Statement
07:22 What Europe can compete on
10:02 What PAL Robotics builds
13:53 Sourcing, the FCC ban and sovereignty
17:56 Why PAL is not VC funded
20:42 Ethics and a different idea of success
23:22 PAL's next 12 months
24:22 Open source and the Aibo lesson
Watch the video version on YouTube: https://www.youtube.com/watch?v=d0OZehrG5BM
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Org website: https://eu-robotics.net/
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Company website: https://pal-robotics.com/
YouTube: https://www.youtube.com/PALRobotics
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Host Lei Li: https://www.linkedin.com/in/leilibeyondthenow/
Host Rogier Bikker: https://www.linkedin.com/in/rogierbikker/