Dr. Fraser Smith of Raytheon is the President of Raytheon Sarcos, part of Raytheon’s Integrated Defense Systems business. He’s also the chief proponent of a new technology that could revolutionize how shipyards move, store and retrieve bulky, awkward and heavy materials. Raytheon is actively marketing the robotic device now and looking to find follow-on funding to make the product commercially viable. Based on their early findings and performance, they are well on their way to doing just that.