Teradyne’s industrial automation group grew its revenue 29% year-over-year in the first quarter of 2022 to $103 million.
Compared with Q1 2021, sales were down 14% in the bottom line and 15% growth in sales.
For the full year 2021, Sarcos brought in $5.1 million in revenue, a decrease from the $8.8 million during 2020.
The biggest market for mobile robots is China, which made up 40% of worldwide shipments in 2021, followed by the U.S.
These are Aurora’s first full year financial results since becoming a publicly traded company in September 2021.
Cornerstone Capital, a Chinese private equity investment institution, led the funding round for Yuanhua Intelligent Technologies.
On the backs of Universal Robots and Mobile Industrial Robots, Teradyne’s robotics group increased revenues 34% in 2021
Worldwide procedures performed with the da Vinci surgical robot increased 19% compared to the fourth quarter of 2020.
AutoStore’s Q3 revenue is up 95% from Q3 last year. So far this year, it’s brought in $234.4 million in revenue.
Sarcos said one-time expenses associated with the public merger with Rotor Acquisition Corp. led to increased losses.
Myomo said this is a 128% increase year over year and the highest quarterly revenue in the company’s history.
Cognex said logistics was its largest end market. It added that the rise of e-commerce, shortening of supply chains, and adoption of automation are driving revenue.
On the backs of Universal Robots and Mobile Industrial Robots, Teradyne’s industrial automation group generated $91 million in revenue in Q3 2021.
This morning’s IPO valued AutoStore at $12.4 billion. This is Norway’s biggest IPO since 2001.
Myomo recognized revenue on 80 units in the second quarter, an increase of 233% compared with the second quarter of 2020.
Ouster shipped more than 1,460 sensors in the second quarter, which is an 342% increase year over year and a 49% increase over Q1.
Led by Mobile Industrial Robots and Universal Robots, the group’s revenue increased 15% Q/Q and 57% Y/Y.
If the first quarter of 2021 is a sign of things to come, it’s going to be a great year for Mobile Industrial Robots (MiR) and Universal Robots (UR). Both companies are owned by Teradyne, which saw its industrial automation group earn $80 million in Q1 revenue. This represents a 33% increase year-over-year and 21%…