Massachusetts robotics companies employed 4,700 workers and generated $1.6 billion in revenue

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Massachusetts Robotics Cluster report identifies “world-class companies and research centers driving innovation”, outlines opportunities for future growth

New research released today by the Massachusetts Technology Collaborative cites 122 companies that now comprise the Commonwealth’s robotics cluster and that these firms employed over 4,700 workers and generated over $1.6 billion in revenue in 2015 alone.

The report also identified 33 new robotics startups that were created in Massachusetts over the past five years, an increase of 31 percent.

In addition to an assessment of the current state of the industry, the Massachusetts Robotics Cluster Report also outlines the key robotics sub-sectors where the Commonwealth is taking a global leadership role, including marine robotics, ecommerce logistics technologies, and collaborative robotics.  Continue reading Massachusetts robotics companies employed 4,700 workers and generated $1.6 billion in revenue