Mechatronics Canada

MC-11-UR-PresidentPressRelease-400.jpg

October 28, 2021

Universal Robots, which has just released its Q3 results for 2021, has reported record quarterly revenue of USD 78 million, up 46% on last year’s Q3 revenue and 31% up from its pre-pandemic Q3 revenue of 2019.

Since creating the world’s first commercially viable collaborative robot in 2008, the Danish company has gone on to sell over 50,000 of its ‘cobots’ for use across a range of industrial uses, primarily in the manufacturing sector.President Kim Povlsen, who has led the company since March, sees this quarter’s results as a strong indication of growth to come:

“We are seeing strong and growing demand for our robots as awareness of the technology spreads across industry. Almost everywhere we operate we see the manufacturing sector facing considerable challenges - such as workforce shortages and supply chain disruption - which can be tackled through the use of collaborative automation. Post-pandemic, we also see businesses more open to questioning the way they work, looking for opportunities to make their businesses more resilient and improve the working lives of staff.”

Universal Robots has developed a platform model for its technology, similar to that used by smart phone manufacturers. Working with around 300 independent companies, it has spurred the development of a huge range of components and applications for use across industry, including sectors previously unautomated by cobots like welding and sanding.  

Confident of ongoing demand for its technology, Universal Robots is now on course for further growth. Kim Povlsen continued: “Despite the success we have already seen, the game-changing potential of collaborative automation means Universal Robots is on a trajectory of rapid growth. We are expanding our already large network of distributors and certified system integrators and recruiting more staff across 22 locations. We currently have over 70 open positions, so it is a really exciting time for the company.”

For more information, visit www.universal-robots.com.

Latest Articles

  • Prev
  Without a doubt, digitalization is setting high standards for efficiency and ...
  Within the next decade approximately 2.7 million “Baby Boomers” (b. 1946-1964) will ...
  ABB recently hosted "Billions of Better Decisions - Empowering the Workforce with the ...
  Festo’s innovative PM aluminum pneumatic tubing offers a weld-spatter resistant ...
  The industrial applications of cobots are vast, and these smart machines have ...
  The development of user-friendly technology continues to spark greater confidence ...
  These days, we can’t build electronics quick enough. From the way our cars can sense ...
  In manufacturing environments, real estate is precious. One of the best and easiest ...
  With demand for robots growing as companies in multiple sectors look for new ways to ...
  Mechatronics Canada had the opportunity to sit down with Dr. Zoe Reeve, Analytic ...

Products

  • Prev
  Powerful sensor technology requires equally powerful connection technology. That is ...
  Cognex Corporation, aleader in industrial machine vision, has released the In-Sight ...
  Banner’s new Q2X sensors feature miniaturized enclosures, which allow them to be fit ...
  Festo’s innovative PM aluminum pneumatic tubing offers a weld-spatter resistant ...
  An overview of the most important new functions includes recording of process data ...
  Festo’s new manually adjustable VFOE meets all the criteria users are seeking in a ...
  AutomationDirect has added new stainless steel linear variable inductance transducers ...
  With the new Light Conveyor Platform (LCP), Interroll is expanding its range of ...
  Leuze is bringing to market the new ELC 100 safety light curtains, which can be used ...
  Recently, Emerson introduced the TopWorxTM DX PST with HART® 7. Units provide ...

Featured Product: 

 


 

MC Rollon New Digital Platform Delivers Fast Product Selection 1 400 

Rollon, a leading manufacturer of linear motion systems, guides, linear actuators, and gantry systems, has unveiled a new digital tool to help engineers design equipment and systems more efficiently.

The new ecosystem consists of two core elements: a redesigned corporate website and myRollon — a revolutionary tool that personalizes product selection.

The website has been expanded with brand new content and graphics showcasing technical concepts, application examples and industry insights for designers and planners looking to implement linear motion into their applications.

It also offers numerous gateways to myRollon, where designers can pre-select their desired motion component and apply various filters to generate a list of products that best meet their application needs.

Registered users can also access a reserved portal to retrieve searches as well as interface with Rollon experts via email, web meetings and live chats.

The new ecosystem — accessible in 14 languages and in 18 countries — is part of Rollon’s continuous commitment to make product selection faster and more user-friendly.

 

To learn more about these improvements, click here

 

 

 

Mechatronics Canada

Mechatronics Canada‘s editorial informs and engages a targeted audience of manufacturers, distributors, specifiers and end users delivering an editorial mix of the right content for the right audience.

Subscribe Here

Kerrwil Publications

538 Elizabeth Street, Midland,Ontario, Canada L4R2A3 +1 705 527 7666
©2022 All rights reserved

Use of this Site constitutes acceptance of our Privacy Policy (effective 1.1.2016)
The material on this site may not be reproduced, distributed, transmitted, cached or otherwise used, except with the prior written permission of Kerrwil