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Universal Robots has reported Q4 revenue of USD 103 million, up 21 percent on Q4 2022. The quarter was the company’s largest revenue quarter to date. 2023 annual revenue was USD 304 million, down 7 percent on 2022.
In December 2023, ABB Electrification Norway AS signed a contract with LIS, Movu Robotics distributor in Norway, to install Movu's escala order fulfillment solution in its production premises in Skien, Norway.
CES 2024 boasted 4,300+ exhibitors, including a record 1,400+ startups from around the globe. The event continued to showcase the innovative trends shaping our future.
The topic of robotics is an integral part of Hannover Messe. Robots of all sizes and shapes – from industrial robots and cobots right through to autonomous mobile robots – can be found throughout the exhibition grounds of the world's leading trade fair for industry.
A special highlight this year is the Application Park in Hall 5, which has a strong partner at its side in the form of the German Robotics Association (DRV). Among other things, the DRV has made it a mission to promote and foster the use of robotics in Germany. Given the shortage of skilled workers, there is undoubtedly potential in this direction, with Germany ranking fifth behind China, Japan, Korea and the USA in global comparison.
IKO International introduces its CFC…B Series of short stud-type cam followers. These new cam followers have a unique mounting structure that solves space limitations that often exist on the stud side of the assembly region, thereby satisfying mounting requirements without sacrificing performance.
The Association for Advancing Automation (A3) celebrates its 50th anniversary in 2024. The global advocate for the benefits of automation now represents more than 1280 member companies as it promotes automation technologies and ideas that transform and redefine the business environment.
ABB has acquired Swiss start-up Sevensense, a provider of AI-enabled 3D vision navigation technology for autonomous mobile robots (AMRs). Sevensense was founded in 2018 as a spin-off from Swiss technical University, ETH Zurich.
CES 2024 is taking place in Las Vegas this week from January 9-12, 2024. While there's plenty of opportunities to find the latest gadgets in personal tech, the show has evolved through the years to include some key exhibitors in areas like aerospace, e-mobility, and automation/robotics.
Mark Ruberg, packaging industry manager at Beckhoff USA, will serve another four-year term on the PMMI Industry Relations Committee. As an experienced packaging industry expert, Ruberg has been active throughout his career with various committees and work groups at PMMI – The Association for Packaging and Processing Technologies.
A growing number of companies are adopting robotic solutions in their logistics processes. They provide far greater flexibility than conventional automated handling systems, and can seriously boost productivity, throughput and operational accuracy, even in ‘steady state’ operations. Pallet and bin shuttle systems for automated storage and retrieval are a prime example. With modular design, acting as a set of building blocks to minimize complexity and cost of upgrading, these systems are highly scalable installations can start small and then expand or, if needed, they can downsize just as easily.