Robotics & Automation News

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Universal Robots reports record revenue of $311 million

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Universal Robots, the Danish producer of collaborative robots, has reported record annual revenue of $311 million, 41 percent up on 2020 and 23 percent up on pre-pandemic results in 2019.

Kim Povlsen, the company’s president, says: “Universal Robots has had a great year. In a company like ours, which manufactures sophisticated hardware to high quality standards, this sort of growth requires tremendous commitment from all involved.

“Our production team in Denmark has broken internal records for the number of cobots built, producing 400 cobots in a single week in Q4. Our supply chain experts have worked hard to keep our business running smoothly despite global supply challenges.” [Read more…] about Universal Robots reports record revenue of $311 million

FBI installs AutoStore for centralized automated record filing and retrieval solution

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The General Service Administration (GSA) has installed an automated record filing and retrieval system from robotics technology company AutoStore inside a recently completed Federal Bureau of Investigation (FBI) central records complex in Winchester, Virginia.

The facility includes the country’s first robotic filing and retrieval warehouse in a GSA project.

Certified by the National Archives and Records Administration, this secure, “state-of-the-art”, 250,000-square-foot facility was built to consolidate and contain records previously housed within 256 field offices around the world. [Read more…] about FBI installs AutoStore for centralized automated record filing and retrieval solution

Top 10 Tips to Avoid Odometer Fraud by Fraudulent Car Dealers

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Odometer fraud may cause economic severe setbacks to inexperienced purchasers. We explain the do’s and don’ts when searching for a new car.

Learn the 10 Must-Check Points to Verify before Purchasing a Vehicle

Each year, Americans purchase millions of cars valued in the hundreds of billions of dollars. When shortlisting cars, minor imperfections may be overlooked by the incautious buyer, causing massive overpayments and facing repairs. [Read more…] about Top 10 Tips to Avoid Odometer Fraud by Fraudulent Car Dealers

US manufacturing output reaches ‘all-time high’

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Manufacturing output in the US has reached an “all-time high”, signaling the industry’s strength, according to the National Association of Manufacturers.

For the past two years, manufacturers have been setting new records when it comes to manufacturing output, and through the first quarter of 2019, the industry has continued to reach new heights.

Four out of five manufacturers remain positive about their company’s outlook, according to the National Association of Manufacturers’ latest Outlook Survey, and new Bureau of Economic Analysis data find that manufacturers’ level of output hit an all-time high once again. [Read more…] about US manufacturing output reaches ‘all-time high’