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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
Berkshire Grey, a provider of robotic solutions that automate supply chain processes, and Locus Robotics, a builder of autonomous mobile robotics for logistics and distribution warehouses, have agreed a partnership with the unveiling of their combined solution that integrates the Berkshire Grey Robotic Shuttle Put Wall (BG RSPWi) with Locus Origin and Locus Vector bots.
This “innovative integrated solution” uses end-to-end robotic automation solutions for retail and e-commerce customers looking to maximize their supply chain productivity and throughput while addressing growing labor shortages.
Ongoing labor availability and inflation challenges continue to put growing pressures on supply chain and distribution frameworks. [Read more…] about Berkshire Grey and Locus Robotics combine to offer ‘industry-first’ cross-platform robotic automation
Flexiv, a maker of “general-purpose” robotics solutions, has formed a partnership with Handplus Robotics, a Singaporean-based automation integration company.
Established in 2018, Handplus has extensive experience in automating logistics and manufacturing lines, making them the ideal partner to install and commission Flexiv’s range of seven-axis force-controlled robots.
With demand for Flexiv’s automation solutions growing year-on-year, Handplus’s already established distribution network within Singapore and Malaysia will empower Flexiv to meet the needs of an ever-increasing customer base. [Read more…] about Flexiv partners with Handplus Robotics to offer new robotic solutions
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
Aubo Robotics, Asia-Pacific’s leader in the production and research & development of precision collaborative robots (Cobots), announced the grand opening of their Michigan based US office.
Conveniently located outside of Metro Airport in Romulus Michigan, it will serve as headquarters for Aubo’s newly launched dedicated United States branch: Aubo Robotics USA Inc. [Read more…] about Aubo Robotics opens US headquarters in Michigan
When it comes to the workplace, developments in automation mean that the future landscape of work is changing and, in turn, the roles that we undertake.
While many people fear that this contributes to a decrease in employment, many industries continue to grow and adapt despite automation.
In some instances this can improve work-life balance, allowing manual workers to work normal shifts and robots to work overnight or to remove the menial tasks from your role and retrain to complete tasks that cannot be automated. [Read more…] about 2023 Predictions & Forecasts: European countries expected to be worst affected by automation
Two senior executives from Bright Machines, a manufacturing automation company, give Robotics and Automation News their thoughts and forecasts for the year ahead.
The predictions offer insight on manufacturing trends, supply chain evolution, the future of automation, and more. [Read more…] about 2023 Predictions & Forecasts: The future is bright machines
Insights from Chris Geyer, VP at Berkshire Grey
Since Berkshire Grey designs and deploys AI and robotics technology to Fortune100 customers like FedEx, Target and Walmart, they have an expansive view of what’s happening across retail, e-commerce, grocery, package handling and logistics industries.
Chris Geyer, vice president at Berkshire Grey, works closely with these customers on product development and implementation and is well-equipped to see what the new year has in store. [Read more…] about 2023 Predictions & Forecasts: Berkshire Grey expects RaaS to get bigger
Here are 5 LMS automation features that help eLearning businesses scale up by saving time and money. [Read more…] about How to Automate eLearning Process: 5 Features to Save Time and Money
Photoneo Brightpick Group, the parent company of Photoneo, a provider of robotic vision sensors and intelligence software, and Brightpick, a provider of warehouse automation solutions for ecommerce and grocery order fulfillment, has raised an additional $19 million to complete a $40 million Series B.
Taiwania Capital led this most recent round, which also included follow-on investments by prior Series B lead investors IPM Group and Alpha Intelligence Capital.
Additional investors in this round include H&D Asset Management, Venture to Future Fund and Kolowrat Group. This round brings the company’s total capital raised since inception to $53 million. [Read more…] about Photoneo Brightpick raises additional $19 million to complete $40 million in Series B funding
