Cognex said logistics was its largest end market. It added that the rise of e-commerce, shortening of supply chains, and adoption of automation are driving revenue.
Despite supply chain issues, UR makes record $78M in Q3
On the backs of Universal Robots and Mobile Industrial Robots, Teradyne’s industrial automation group generated $91 million in revenue in Q3 2021.
AutoStore stock surges during Oslo Stock Exchange IPO
This morning’s IPO valued AutoStore at $12.4 billion. This is Norway’s biggest IPO since 2001.
Myomo reaches $3.1 million in sales in second quarter
Myomo recognized revenue on 80 units in the second quarter, an increase of 233% compared with the second quarter of 2020.
Ouster increases revenue to $7.4M in second quarter
Ouster shipped more than 1,460 sensors in the second quarter, which is an 342% increase year over year and a 49% increase over Q1.
Revenue for Teradyne robotics group hits $92M in Q2 [updated]
Led by Mobile Industrial Robots and Universal Robots, the group’s revenue increased 15% Q/Q and 57% Y/Y.
Teradyne’s robotics portfolio grows revenue 33% in Q1
If the first quarter of 2021 is a sign of things to come, it’s going to be a great year for Mobile Industrial Robots (MiR) and Universal Robots (UR). Both companies are owned by Teradyne, which saw its industrial automation group earn $80 million in Q1 revenue. This represents a 33% increase year-over-year and 21%…