For the full year 2021, Sarcos brought in $5.1 million in revenue, a decrease from the $8.8 million during 2020.
100,000+ mobile robots shipped in 2021
The biggest market for mobile robots is China, which made up 40% of worldwide shipments in 2021, followed by the U.S.
Aurora shares 2021 financial results
These are Aurora’s first full year financial results since becoming a publicly traded company in September 2021.
Yuanhua Intelligent Technologies announces financing round
Cornerstone Capital, a Chinese private equity investment institution, led the funding round for Yuanhua Intelligent Technologies.
Teradyne’s robotics group makes $376M in 2021
On the backs of Universal Robots and Mobile Industrial Robots, Teradyne’s robotics group increased revenues 34% in 2021
Intuitive Surgical announces Q4 financial earnings
Worldwide procedures performed with the da Vinci surgical robot increased 19% compared to the fourth quarter of 2020.
AutoStore revenue up 95% in Q3 to $84.7M
AutoStore’s Q3 revenue is up 95% from Q3 last year. So far this year, it’s brought in $234.4 million in revenue.
Sarcos reports $1.1M in revenue, $37M in losses during Q3
Sarcos said one-time expenses associated with the public merger with Rotor Acquisition Corp. led to increased losses.
Myomo hits record $4.4M in sales during Q3
Myomo said this is a 128% increase year over year and the highest quarterly revenue in the company’s history.
Cognex reports record revenue for machine vision systems in Q3
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%…