Shared Engineering Workspace

A shared engineering workspace that provides expensive hardware and tools to engineers/startups, similar to how WeWork provides office space. The model focuses on giving engineers access to specialized equipment they couldn't afford individually.

Key Points:

• Workspace Setup:

  • Large space filled with expensive engineering equipment and tools
  • 3D printers, robotics equipment, drones, specialized machines
  • Engineers can access all equipment without having to purchase individually

• Target Users:

  • Engineers building hardware products
  • Startups that need access to expensive equipment
  • People working on projects requiring specialized tools

• Value Proposition:

  • Removes barrier of high equipment costs for engineers
  • Allows experimentation with different tools
  • Creates community of engineers working in same space
  • Free access to tools that might cost $15,000+ individually

• Real Example from Transcript:

  • Company called Orangewood Robotics using the space
  • Working on robotic painting/powder coating
  • Able to experiment with expensive robotic arms without major investment
  • Space enables testing different applications like welding, painting, pick-and-pack

• Business Model:

  • Engineers pay for workspace access
  • Get full access to all equipment and tools
  • Can work alongside other engineers/startups