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Universal Robots, the Danish collaborative robot company, has reported Q4 revenue of $85 million, bringing 2022 annual revenue to $326 million, up 5 percent on 2021.
On a constant currency basis, growth over the year was 12 percent.
Kim Andreasen, Universal Robots’ chief financial officer, says: “We are proud to have continued to grow our business despite facing a difficult macroeconomic environment in 2022. [Read more…] about Universal Robots reports record annual revenue of $326 million
The collaborative robot pioneer and market front runner Universal Robots has announced January as ‘National Cobot Awareness Month’, spearheading new products and initiatives prompting manufacturers to address hiring woes and production challenges
Gone are the days of manufacturers buying a robot arm only to struggle figuring out how to integrate it in an application cell, according to Universal Robots, which adds that turnkey robotic solutions, complete with all hardware, software, sensors and interfaces, will be powerful automation drivers in 2023.
Joe Campbell, senior manager of applications development and strategic marketing at Universal Robots (UR), says: “In 2023, cobot automation will become more sophisticated yet more straightforward to use.
“We are going to continue seeing phenomenal growth within complete robotic systems for applications such as welding, palletizing and machine tending, propelled by UR partners creating full solutions powered by our collaborative robot arms.” [Read more…] about 2023 Predictions & Forecasts: Universal Robots outlines automation trends for the year ahead
Seventeen years after it was founded by three visionary young researchers in a basement, Universal Robots has just reached a 1,000-employee milestone.
10th November, Odense, Denmark. Universal Robots, the biggest company in a fast-growing Danish robotics hub, has become the cluster’s first organisation to reach 1,000 employees – one of only a few Danish companies founded in this millennium to hit this milestone.
Since its first collaborative robot (cobot) was launched in 2008, Universal Robots has grown to be a global market leader in cobots with offices in more than 20 countries worldwide. [Read more…] about Universal Robots reaches 1,000 employees
Universal Robots, the Danish collaborative robot maker, has reported Q2 revenue of $83 million, describing it as “robust growth” for the company.
Kim Povlsen, president of Universal Robots, says: “In headline terms, second quarter revenue is up 8 percent on the same period last year but in local Danish currency the company has seen growth of 22 percent for Q2.”
Povlsen adds that, measured this way, Universal Robots has seen growth of 30 percent across the first two quarters of 2022 compared to the first half of 2021. [Read more…] about Universal Robots reports revenue of $83 million in Q2
Universal Robots, the Danish manufacturer of collaborative robots (cobots), is to add a new 20 kg cobot to its product range.
Called the UR20, the cobot boasts an all-new design based on Universal Robots’ experience in highly refined engineering and is the latest addition to the company’s strong portfolio of cobots.
The UR20 is the best demonstration yet of Universal Robots’ unrivalled innovation in the cobot space, featuring an entirely new joint design that will allow for even faster cycle times as well as the ability to handle heavier loads. [Read more…] about Universal Robots launches all-new 20 kg industrial collaborative robot
A robot module solution designed and built by Bachmann Engineering has received certification from Universal Robots.
The robotic module solution – called “Bachmann BlastingUnit” – enables the automation of blasting processes.
Certification by Universal Robots through its UR+ marketplace adds the BBU to the global catalog of UR+ products. [Read more…] about Bachmann Engineering gains certification from Universal Robots for its robot module solution
Universal Robots, the Danish producer of collaborative robots, has reported record Q1 revenue of $85 million, 30 percent up on its 2021 Q1 revenue.
The company’s chief financial officer, Kim Nørgaard Andreasen said: “Reporting record Q1 revenue at a time when businesses across the world are facing disruption from the pandemic, supply chain challenges and conflict is a testament to the role collaborative automation can play in helping our customers stay competitive.
“In addition to record revenue, we have been pleased this quarter to welcome 80 new employees to our rapidly growing company.” [Read more…] about Universal Robots records best ever Q1 results
In a few weeks, construction will begin on state-of-the-art joint headquarters for Universal Robots and Mobile Industrial Robots in Odense, Denmark.
The building will accommodate up to 600 employees and will be the “world’s largest cobot and autonomous mobile robot hub”. Groundbreaking will take place on 20 April with completion expected at the start of 2024.
The background for building a new joint headquarters is the explosive growth of both MiR and Universal Robots. [Read more…] about Universal Robots and Mobile Industrial Robots to break new ground at new site
Virtual reality tech startup Extend Robotics has had its virtual reality robotics solution certified by Universal Robots on its UR+ programme.
Extend Robotics was founded in 2019 by Dr Chang Liu. The tech startup uses consumer Virtual Reality (VR) technology to make it easier for individuals to control robotics hardware remotely.
Dr Liu aims to enable humans and machines to work together in perfect harmony, to ensure no one is left behind in the shift to automation happening across the working world today. [Read more…] about Virtual reality robotics solution joins Universal Robot’s UR+ Ecosystem
Universal Robots, a manufacturer of collaborative robots, will show attendees at North America’s largest supply chain expo how cobots can automate new hard-to-staff palletizing and piece-picking tasks in new applications from partners including Mujin and RightHand Robotics.
1 trillion dollars. That’s the astounding figure US e-commerce will reach in 2022, up 16 percent from 2021, according to Insider Intelligence forecasts, prompting warehousing labor wages to increase four times faster than before the pandemic.
“But despite wage increases, logistics operations are still having a very hard time hiring and retaining frontline workers,” says Joe Campbell, senior manager of applications development with Universal Robots (UR). [Read more…] about Universal Robots powers new mixed-case palletizing and piece-picking solutions at MODEX 2022
