Symbotic brought in $266.9 million in revenue in Q2 of 2023, with a net loss of $55.4 million and an adjusted EBITDA loss of $11.2 million.
Silicon Valley Bank collapses and FDIC takes over
On the podcast, we talk about the potential impact of the implosion of Silicon Valley Bank. Also this week: an interview with Rylan Hamilton, CEO and co-founder of 6 River Systems.
Symbotic brings in $206.3M in first public quarter
Symbotic posted revenue of $206.3 million, a net loss of $68.0 million and an adjusted EBITDA loss of $16.3 million for the first quarter of fiscal 2023.
Teradyne’s robotics group brings in $404M in 2022
This is a $28 million increase from the $376 million it brought in during 2021. In 2022, UR brought in $326 million, while MiR brought in $77 million.
LiDAR maker Quanergy files Chapter 11 bankruptcy
Quanergy went public just 10 months ago via a SPAC with China’s CITIC Capital, at an implied $1.4 billion equity value.
LiDAR maker AEye brings in $768K, loses $23M in Q3
AEye brought in $768,000 in revenue in the third quarter of 2022 and reported a GAAP loss of $23.6 million.
Teradyne’s robotics group makes $89M in Q3
Teradyne’s industrial automation group saw a 2% decrease in revenue in Q3 2022 compared to the same time period last year.
RoboBusiness keynote to analyze state of robotics investment
Leading robotics sector investors to discuss business, technological and social drivers for investment, gating factors and headwinds and why robotics startups succeed and fail.
Berkshire Grey loses $29M in Q2 on $23.4M in revenue
Berkshire Grey saw $20 million in new orders in Q2 and currently has a backlog of $100 million in orders.
LiDAR maker Ouster brings in $10.3M, but loses $28M in Q2
Ouster had its second-highest revenue quarter ever in Q2. Its revenue was driven by growth in the industrial vertical.
Teradyne’s robotics group makes $101M in Q2
Revenue declined slightly from the $103 million generated in the first quarter of 2022.
Surgical robotics maker Intuitive misses mark in Q2
Intuitive warned COVID-19 will likely continue to have an adverse impact on da Vinci procedure volumes.
Growth in welding, US sales drive Teradyne’s robotics group in Q1
Teradyne’s industrial automation group grew its revenue 29% year-over-year in the first quarter of 2022 to $103 million.
Intuitive’s profits fall short in first quarter
Compared with Q1 2021, sales were down 14% in the bottom line and 15% growth in sales.
Sarcos ends Q4 with $34.1M in losses, $1M in revenue
For the full year 2021, Sarcos brought in $5.1 million in revenue, a decrease from the $8.8 million during 2020.
100,000+ mobile robots shipped in 2021
The biggest market for mobile robots is China, which made up 40% of worldwide shipments in 2021, followed by the U.S.
Aurora shares 2021 financial results
These are Aurora’s first full year financial results since becoming a publicly traded company in September 2021.
Yuanhua Intelligent Technologies announces financing round
Cornerstone Capital, a Chinese private equity investment institution, led the funding round for Yuanhua Intelligent Technologies.
Teradyne’s robotics group makes $376M in 2021
On the backs of Universal Robots and Mobile Industrial Robots, Teradyne’s robotics group increased revenues 34% in 2021
Intuitive Surgical announces Q4 financial earnings
Worldwide procedures performed with the da Vinci surgical robot increased 19% compared to the fourth quarter of 2020.
AutoStore revenue up 95% in Q3 to $84.7M
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 reports $1.1M in revenue, $37M in losses during Q3
Sarcos said one-time expenses associated with the public merger with Rotor Acquisition Corp. led to increased losses.