Universal Robots, the Danish collaborative robot (cobot) company, has reported Q4 revenue of USD 85 million, bringing 2022 annual revenue to USD 326 million, up 5% on 2021. On a constant currency basis, growth over the year was 12%.
The collaborative robot pioneer and market front runner has announced January as “National Cobot Awareness Month,” spearheading new products and initiatives prompting manufacturers to address hiring woes and production challenges.
Universal Robots, the largest company in a fast-growing Danish robotics hub, has become the cluster’s first organization to reach 1,000 employees – one of only a few Danish companies founded in this millennium to hit this milestone.
Universal Robots currently offers one of the shortest lead times in the market, allows manufacturers to meet the Section 179 tax deduction incentive deadline that can dramatically reduce cost of collaborative robots while stretching year-end budgets.
The UR20, UR's new 20kg(44lbs) payload cobot, is the lightest, long-reach cobot of its class. It has a new joint design increasing all joint torques approximately 25%, joint speeds by as much as 65%, and tool center point speed by 100% (2 m/s ).
The market leader in collaborative robotics will show MODEX 2022 attendees how cobots can automate new hard-to-staff palletizing and piece-picking tasks in new applications from partners including Mujin and RightHand Robotics.
Recognition of Universal Robot's education programs from the U.S. federal Advanced Robotics for Manufacturing Institute and the State of Ohio’s Dept. of Education pave the way for both schools and industry to further leverage cobot technologies.
Universal Robots’ best-selling robot UR10e is launching with an increased payload, enabling the cobot to serve even more applications and handle heavier items while improving overall productivity for customers. The robot's price remains unchanged.