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.
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.
Teradyne merges AMR companies AutoGuide, MiR
By combining with AutoGuide, MiR’s product portfolio will expand to include high payload AMR tuggers and forklifts.
Teradyne’s robotics group makes $101M in Q2
Revenue declined slightly from the $103 million generated in the first quarter of 2022.
Greg Smith named Teradyne President
Greg Smith has been appointed President of Teradyne, effective July 1, 2022. Mark Jagiela will continue as the Company’s Chief Executive Officer.
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.
Teradyne’s Robotics Summit keynote to discuss how cobots can solve labor crisis
Greg Smith, president of the Industrial Automation Group at Teradyne, will discuss the market drivers of human scale automation and present a model of the market potential for collaborative robots.
Ed Mullen leaves MiR to join Dexterity
Dexterity has raised more than $200 million since it was founded in 2017. Its recent Series B valued the company at more than $1.4 billion.
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
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.
Despite supply chain issues, UR makes record $78M in Q3
On the backs of Universal Robots and Mobile Industrial Robots, Teradyne’s industrial automation group generated $91 million in revenue in Q3 2021.
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%…
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…
Robotics investments recap: October 2020
Robotics investments slowed somewhat in October 2020, but transportation, healthcare, and software remained strong.
GEMINI underwater robot from Schilling to use Energid Actin for manipulator motion control
Energid Technologies’ Actin software is helping Schilling Robotics’ GEMINI remotely operated underwater vehicle with more sophisticated manipulation.
Søren E. Nielsen named new president of Mobile Industrial Robots
After serving as chief technology officer, Søren E. Nielsen is succeeding Mobile Industrial Robots co-founder and CEO Thomas Visti.
THNQ fund from ROBO Global looks ahead to post-pandemic AI infrastructure growth
ROBO Global has launched its third technology fund and index, THNQ, which closely follows companies developing and using artificial intelligence infrastructure.
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.
Robotics investments recap: July 2019
In July 2019, investments in robotics, autonomous vehicles, and drones increased, despite a decline in the number of transactions.