Enrico Krog Iversen, former CEO of collaborative robot maker Universal Robots, is partnering with the Danish Growth Fund to address what he sees as “the next challenge in automation” with the merger of three innovative end-of-arm tooling companies to facilitate the ongoing growth of collaborative robotics, an industry expected to reach $8.5 billion by 2025.
The new company – which combines US-based Perception Robotics, Hungary-based OptoForce, and Denmark-based On Robot – will be called OnRobot.
Iversen says the new company will drive innovation and ease-of-use for robotic end-of-arm tooling. [Read more…] about Former Universal Robots CEO launches ambitious plan for end-effectors sector