Universal Robots' Q1 2022 performance was the highest in history

Create Date: 2024-8-30 12:03:23|Source: Universal Robots/UR

Universal Robots' latest 2022 report shows record first-quarter revenue of $85 million, up 30% from first-quarter 2021 revenue.

"Universal Robots' record first-quarter revenue is a testament to the role that collaborative automation can play in helping our customers succeed amid the pandemic, supply chain challenges and conflict disruptions facing businesses around the world," said Kim Nørgaard Andreasen, Chief Financial Officer of Universal Robots. In addition to record revenue, our company is growing rapidly, welcoming 80 new employees to the company during the quarter. ”

In a January report, Universal Robots reported revenues of more than $311 million in 2021, driven by a growing awareness of the contribution of automation to productivity and the role of cobots in addressing labor shortages. Kim continues, "The demand for automation is growing, both in terms of social and business trends. We are implementing a number of plans to meet growing market demand, including starting a larger headquarters in Denmark this month to accommodate the company's rapid growth. ”

About Universal Robots

Universal Robots is committed to using advanced robotics platforms to change the way people work.

Since the launch of the first commercial collaborative robot (cobot) in 2008, Universal Robots has developed a range of products, including the UR3e, UR5e, UR10e and UR16e, covering a wide range of reach and payloads. Each model works seamlessly with end-effectors, software, accessories, and application kits from the UR+ ecosystem for plug-and-play. This allows cobots to be widely used in various industries and can be easily redeployed in different tasks.

Universal Robots, part of Teradyne, is headquartered in Odense, Denmark, and has offices in United States, Germany, France, Spain, Italy, Czech Republic, Romania, Russia, Turkey, China, India, Japan, Korea, Singapore, and Mexico.

More than 50,000 cobots are installed worldwide.
Universal Robots' Q1 2022 performance was the highest in history


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