The analyst expresses a bullish stance on Agility Robotics (CCXI) due to its US-based sourcing and potential in the robotics industry, which is becoming a national security priority.
CCXI sources 75% of parts from the US despite higher BOM costs, aligning with the need to support and scale a Made in USA supply chain for robotics amid competition with China and national security concerns.
I just realized Boston Dynamics CEO shared the same sentiment: “Robotics is next. America’s next 250 years will be built by robots”. However, currently China accounts for 54%+ of all global robotics deployments. - calls for Internet scaleable database of physical world (kinda got reminded of Niantic that has a huge dataset from Pokemon Go) - dedicated National robotics strategy to compete against China’s leadership in this space - ISO + regulation for robotics safety This is all high level: But my prioritize thought process is how do we support and scale a Made in USA supply chain for robotics/humanoids? I’ve been hammering home rare earths for the longest time, that the US isn’t doing enough to subsidize or scale this industry. But another thing to take note is subsidies for components, forcing $TSLA and others to use Chinese suppliers over Western ones, even if assembly is done in USA… to keep costs down. Which is why I’ve liked Agility Robotics $CCXI since they source 75% of parts from the US, despite higher BOM to start out with. Regardless it’s pretty clear this Robotics is coming and becoming a national security priority: From the days of backflipping humanoid YT videos.
| Horizon | Raw move | vs SPY |
|---|---|---|
| 1 day | -9.8% | -10.7% |
| 1 week | -15.0% | -16.0% |
| 1 month | — | — |
| 3 months | — | — |
| 6 months | — | — |