Common Robots, the Danish collaborative robotic firm, has reported This fall income of $103 million, up 21 p.c on This fall 2022. The quarter was the corporate’s largest income quarter thus far. 2023 annual income was $304 million, down 7 p.c on 2022.
The corporate’s president, Kim Povlsen, says: “2023 was characterised by a tough financial and enterprise surroundings for a lot of of our core prospects with international industrial exercise slowing within the first half of the 12 months.
“Nonetheless, we noticed progress in our focus accounts and key segments, together with palletizing, and in our strategically essential OEM channel. We ended the 12 months robust and enter 2024 with an awesome basis for additional progress.”
Latest cobots serving to to drive progress
In 2023 Common Robots skilled robust demand for the primary of its heavy payload cobots, the UR20, significantly for palletizing and welding functions.
In November, it launched the second mannequin within the new collection of cobots, the UR30, which can open new automation potentialities for its prospects. Collectively the UR20 and UR30 represented 30 p.c of This fall 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 fulfill sustained demand for the UR20. In the end although, our success will depend on our power as a platform.
“Will probably be our continued software program excellence and ease of use, on high of our {hardware} innovation, that creates worth for our companions and finish prospects.”