Man using a touch screen for his new year’s resolutions
In the 2010s, software was king. Tech startups promised to disrupt industries with cloud-based solutions, and venture capitalists and the stock market poured billions into software-as-a-service (SaaS) companies. Today’s companies and entrepreneurs are tackling real-world problems in manufacturing, robotics, defense, and space exploration—and venture capital and the stock market are following the hardware trend.
This shift isn’t just transforming industries; it’s impacting your wallet, from lowering the costs of consumer goods to new job opportunities in advanced manufacturing. The hardware renaissance is poised to reshape personal finance.
Bringing Manufacturing Back Home
Brooklyn-based Nanotronics is at the forefront of this movement. Backed by Peter Thiel’s Founders Fund, the advanced manufacturing company is integrating artificial intelligence (AI) and automation to reinvent factory floors. CEO Matthew Putman says his inspiration comes from science fiction, specifically the Star Trek “Replicator,” a device that could create anything from thin air.
“Manufacturing is about transformation,” Putman said. “We’re taking that transformation further by integrating AI and automation in ways people couldn’t imagine before.”
Nanotronics is starting with semiconductors, using cutting-edge robotics, nano-sensors, and AI to create more efficient, waste-free production systems. Their flagship product, the Cubefab, is an AI-driven modular factory designed to manufacture a wide range of products, from pharmaceuticals to computer chips.
By streamlining production and reducing costs, Nanotronics could help make high-tech goods more affordable for consumers. Additionally, the company is committed to revitalizing U.S. manufacturing, which could bring jobs back home and reduce reliance on overseas supply chains—a critical issue underscored by recent global supply chain disruptions.
“Revitalizing U.S. manufacturing isn’t just about economics; it’s about the power to innovate,” Putman said. “By producing locally, we can innovate faster and maintain control over critical technologies.”
What It Means for You
For consumers, the hardware revolution could lead to cheaper, more accessible technology. AI-powered factories have the potential to lower the cost of electronics, medical devices, and other high-demand goods.
Job seekers may also see new opportunities as advanced manufacturing gains traction. These roles, which often require technical skills, could provide high-paying alternatives to traditional manufacturing jobs. Those considering a career change may want to explore certifications or training programs in robotics, AI, or manufacturing technology to capitalize on this trend.
Investors, too, should pay attention. Publicly traded companies in the advanced manufacturing and robotics space could offer significant growth potential. Keep an eye on sectors like aerospace, pharmaceuticals, and defense, which are poised to benefit from this hardware shift.
The Hardware Innovators to Watch
Nanotronics is just one of many startups reshaping industries with hardware. Anduril Industries, founded by Palmer Luckey of Oculus fame, is developing integrated hardware and software systems to enhance national defense. By automating tasks and improving precision, Anduril’s technology is not only cost-effective but also critical for modern military operations.
Hadrian, another standout, is addressing bottlenecks in the aerospace and defense industries by building precision factories that produce parts for rockets, satellites, and drones. This innovation could accelerate space exploration and improve services like GPS and internet connectivity.
Even space is becoming a frontier for manufacturing. Varda Space Industries is creating orbital factories to produce high-value materials that could revolutionize industries like medicine and technology.
Why Hardware Is Back
Software dominated venture capital and the stock market for years due to its scalability and fast growth. However, investors are now betting on companies tackling complex hardware challenges that require longer timelines and specialized expertise. These startups blend AI, robotics, and materials science to solve pressing global problems.
“At our core, we’re problem solvers,” Putman said. “We see challenges in the physical world, and we apply the best of technology to solve them. That’s where true innovation happens.”
How You Can Prepare
As the hardware revolution continues, it’s essential to stay informed. Whether you’re an investor, job seeker, or simply a consumer, this trend is reshaping industries and creating opportunities:
- Invest Strategically: Look for publicly traded companies involved in robotics, AI, and advanced manufacturing.
- Upskill: Consider certifications or training programs in technical fields to prepare for high-demand jobs in advanced manufacturing.
- Stay Ahead: Follow hardware innovators and how their advancements could lower costs and improve access to essential goods.
The hardware renaissance is making high-tech innovation tangible, reshaping industries from the ground up. For consumers, that means better products, more jobs, and potential savings. Whether it’s a cheaper smartphone, a more affordable medication, or a thriving local economy, the future of hardware is already here—and it’s personal.