“We now have elevated momentum within the supply of impactful innovation to the market”
Common Robots, the Danish collaborative robotic (cobot) firm, has reported This fall income of USD 103 million, up 21% on This fall 2022. The quarter was the corporate’s largest income quarter up to now. 2023 annual income was USD 304 million, down 7% on 2022.
“We now have elevated momentum within the supply of impactful innovation to the market”
The corporate’s President, Kim Povlsen, mentioned: “2023 was characterised by a troublesome financial and enterprise setting for a lot of of our core clients with world industrial exercise slowing within the first half of the 12 months. However, we noticed progress in our focus accounts and key segments, together with palletizing, and in our strategically essential OEM channel. We ended the 12 months sturdy and enter 2024 with an incredible basis for additional progress.”
Latest cobots serving to to drive progress
In 2023 Common Robots skilled sturdy demand for the primary of its heavy payload cobots, the UR20, notably for palletizing and welding functions. In November it launched the second mannequin within the new collection of cobots, the UR30, which is able to open new automation potentialities for its clients. Collectively the UR20 and UR30 represented 30% of This fall income.
“We now have elevated momentum within the supply of impactful innovation to the market,” mentioned Povlsen. “We’re already transport UR30s and have ramped up manufacturing within the fourth quarter to greater than 1200 models to fulfill sustained demand for the UR20. In the end although, our success depends upon our power as a platform. It will likely be our continued software program excellence and ease of use, on high of our {hardware} innovation, that creates worth for our companions and finish clients.”
About Common Robots
Common Robots is a number one supplier of collaborative robots (cobots) used throughout a variety of industries and in training. Based in 2005 and headquartered in Odense, Denmark, Common Robots goals to create a world the place folks work with robots, not like robots. Its mission is straightforward: Automation for anybody. Anyplace.
Since introducing the world’s first commercially viable cobot in 2008, Common Robots has developed a product portfolio reflecting a variety of reaches and payloads and has bought over 75,000 cobots worldwide. An intensive ecosystem has grown across the firm’s cobot expertise creating innovation, alternative for patrons and a variety of parts, kits and options to go well with each software.
For extra info, please go to www.universal-robots.com.