Universal Robots

Universal Robots
IndustryAutomation
Founded2005
FounderEsben Østergaard
Kasper Støy
Kristian Kassow Edit this on Wikidata
HeadquartersOdense, Denmark
Key people
Kim Povlsen (CEO)
ProductsIndustrial robots, cobots
RevenueUSD 311 million (2021) [1]
Number of employees
1000+ (2022) [2]
ParentTeradyne
Websitewww.universal-robots.com

Universal Robots is a Danish manufacturer of smaller flexible industrial collaborative robot arms (cobots), based in Odense, Denmark. Since 2015, the company is owned by American automatic test equipment designer and manufacturer Teradyne.

Universal Robots was the first company to launch a collaborative robot that could safely operate alongside employees, eliminating the need for safety cages or fencing.[3][4]

As of 2022, Universal Robots was the market leader for collaborative robots, credited with 40-50% of the market share.[5][6][7]

  1. ^ "Universal Robots - revenue".
  2. ^ "Universal Robots reaches 1,000 employees". 15 November 2022.
  3. ^ "StackPath". www.mhlnews.com. 26 February 2020. Retrieved 2022-12-30.
  4. ^ "Collaborative robotics — history and recent trends | RoboticsTomorrow". roboticstomorrow.com. Retrieved 2022-12-30.
  5. ^ "Cobot", Wikipedia, 2022-11-30, retrieved 2022-12-30
  6. ^ Staff, Robotics 24/7. "Universal Robots Reports $85M in Revenue for Q1 2022". Robotics 24/7. Retrieved 2022-12-30.{{cite web}}: CS1 maint: numeric names: authors list (link)
  7. ^ Kuokkanen, Kimmo (2021-03-22). "Global Collaborative Robot Market is Forecasted to Reach $2.3bn by 2025". EIN News. Retrieved 2022-12-30.

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