Common Robots, the Danish collaborative robotic firm, has reported This autumn income of $103 million, up 21 % on This autumn 2022. The quarter was the corporate’s largest income quarter so far. 2023 annual income was $304 million, down 7 % on 2022.
The corporate’s president, Kim Povlsen, says: “2023 was characterised by a troublesome financial and enterprise surroundings for a lot of of our core clients with world industrial exercise slowing within the first half of the yr.
“However, we noticed development in our focus accounts and key segments, together with palletizing, and in our strategically vital OEM channel. We ended the yr robust and enter 2024 with a fantastic basis for additional development.”
Latest cobots serving to to drive development
In 2023 Common Robots skilled robust demand for the primary of its heavy payload cobots, the UR20, notably for palletizing and welding purposes.
In November, it launched the second mannequin within the new sequence of cobots, the UR30, which is able to open new automation prospects for its clients. Collectively the UR20 and UR30 represented 30 % of This autumn income.
Povlsen says: “Now we have elevated momentum within the supply of impactful innovation to the market.
“We’re already transport UR30s and have ramped up manufacturing within the fourth quarter to greater than 1200 items to satisfy sustained demand for the UR20. Finally although, our success depends upon our power as a platform.
“Will probably be our continued software program excellence and ease of use, on prime of our {hardware} innovation, that creates worth for our companions and finish clients.”