As a professional machine designer/builder in the world of automation, I have been familiar with Festo for years. They are well known for their pneumatic components, German engineering, and quality. This is an impressive display of minaturization and servo control. Festo could step into the stepper or servo motor/control market with this. The obvious application for this is as a radio controlled toy. Four channel helicopters with radio transmitter, battery, charger and airframe sell for $128 which are durable and have spare parts at reasonable prices. If Festo could retail these for say under $250 ready to fly, I suspect they could sell like hotcakes...
Festo does a lot of future-oriented expensive R&D, so right now the answer is probably they don't use it for anything. The R&D done under Festo's Bionic Learning Network, like practically all its other research, is done to develop new technologies for automation. There wasn't a lot of detail on applications for this robot, but the brochure at this link http://www.festo.com/net/SupportPortal/Files/248133/Festo_BionicOpter_en.pdf contains some rather vague language that implies they envision a future networked, decentralized factory where: "Individual workpieces will themselves determine what functions they need plants to provide. This digital refinement will give rise to increasingly intelligent products that can actively support the production process thanks to increased functionality – from energy autonomy through to condition monitoring – in the smallest of installation spaces." In other words, way more robots/automated systems with much greater independent functioning.
Nice video, Ann. Another great example of borrowing from nature. That approach seems to be everywhere these days. But I'll ask the same question my daughter asked when I showed her the video: what do thay use it for?
Focus on Fundamentals consists of 45-minute on-line classes that cover a host of technologies.
You learn without leaving the comfort of your desk. All classes are taught by subject-matter experts and all are archived.
So if you can't attend live, attend at your convenience.