Teradyne named Ujjwal Kumar, whose 25-year career has spanned multiple companies and industries, as the Group President of Teradyne Robotics.
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 industrial automation group saw a 2% decrease in revenue in Q3 2022 compared to the same time period last year.
By combining with AutoGuide, MiR’s product portfolio will expand to include high payload AMR tuggers and forklifts.
Revenue declined slightly from the $103 million generated in the first quarter of 2022.
Greg Smith has been appointed President of Teradyne, effective July 1, 2022. Mark Jagiela will continue as the Company’s Chief Executive Officer.
Teradyne’s industrial automation group grew its revenue 29% year-over-year in the first quarter of 2022 to $103 million.
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.
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.
On the backs of Universal Robots and Mobile Industrial Robots, Teradyne’s robotics group increased revenues 34% in 2021
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.
On the backs of Universal Robots and Mobile Industrial Robots, Teradyne’s industrial automation group generated $91 million in revenue in Q3 2021.
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%…
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 slowed somewhat in October 2020, but transportation, healthcare, and software remained strong.
Energid Technologies’ Actin software is helping Schilling Robotics’ GEMINI remotely operated underwater vehicle with more sophisticated manipulation.
After serving as chief technology officer, Søren E. Nielsen is succeeding Mobile Industrial Robots co-founder and CEO Thomas Visti.
ROBO Global has launched its third technology fund and index, THNQ, which closely follows companies developing and using artificial intelligence infrastructure.
The big winners in October 2019 robotics transactions were in transportation and healthcare, but agriculture, AI, and logistics were also well-represented.
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, which has already acquired Universal Robots, Mobile Industrial Robots, and Energid, added AutoGuide Mobile Robots to its lineup.