Teradyne’s industrial automation group saw a 2% decrease in revenue in Q3 2022 compared to the same time period last year.
MiR is building autonomous pallet jacks
MiR and Logitran are building both a fully autonomous pallet jack and a semi autonomous pallet jack. The pallet jacks will combine MiR’s autonomous navigation and software with Logitran’s electric pallet jacks.
Revenue for Teradyne robotics group hits $92M in Q2 [updated]
Led by Mobile Industrial Robots and Universal Robots, the group’s revenue increased 15% Q/Q and 57% Y/Y.
Teradyne’s robotics portfolio grows revenue 33% in Q1
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%…
Rob Sullivan resigns from AutoGuide Mobile Robots
RBR50 company AutoGuide Mobile Robots, which was acquired by Teradyne in 2019, will soon have a new leader. President and CEO Rob Sullivan resigned on March 1, but is staying on until June 1 to help the transition. Tim Moriarty, Teradyne’s president of memory products, will step into Sullivan’s role. Sullivan, 54, led AutoGuide’s spinout…
Teradyne’s acquisition strategy & the future of cobots
Welcome to Episode 30 of The Robot Report Podcast, which brings conversations with robotics innovators straight to you. Join us each week for discussions with leading roboticists, innovative robotics companies, and other key members of the robotics community. You can subscribe to The Robot Report Podcast on Amazon Music, Apple Podcasts, Google Play, SoundCloud, Spotify and more. Please subscribe to the podcast and leave us a…
AutoGuide Mobile Robots opens office in Germany
The autonomous mobile robot (AMR) segment is expected to reach $6.8 billion by 2025, according to Frost & Sullivan. In a sign of that growth to come, AutoGuide Mobile Robots today opened an office in Munich. The German office will handle sales, service and support, deployment and training throughout greater Europe. This is the first…
AutoGuide opens mobile robot testing facility
AutoGuide Mobile Robots’ new testing facility enables potential customers to remotely watch its high-payload mobile robots operate in a live environment.
AutoGuide’s autonomous tuggers now available in Europe
CE marking indicates the Max-N10 and Max-N15 tuggers now adhere to the European Union’s directives and standards for health, safety and environmental protection.
How former coal miners became mobile robot techs
Matt Neace, 25, was born in Whitesburg, Ky. The small town is located in the mountains of Eastern Kentucky and had a population of 1,875 in 2018. It once was known as a “diamond among the coal fields.” Coal mining long was the economic engine that fueled Whitesburg and other parts of the Appalachia region,…
Robotics investments recap: October 2019
The big winners in October 2019 robotics transactions were in transportation and healthcare, but agriculture, AI, and logistics were also well-represented.
Teradyne doubles down on mobile robots with AutoGuide
Teradyne built its business around automatic test equipment for electronics. This still accounts for 75% of the $2.1 billion revenue Teradyne made in 2018. This is a mature market that is unlikely to yield significant growth in the long-term future. As a result, Teradyne embarked on a series of acquisitions for key industrial robotics start-ups. With…
Teradyne acquiring AutoGuide Mobile Robots
Teradyne, which has already acquired Universal Robots, Mobile Industrial Robots, and Energid, added AutoGuide Mobile Robots to its lineup.