With financial backing from their joint U.S. parent company Teradyne, Mobile Industrial Robots (MiR) and Universal Robots (UR) have acquired a 50,000 m2 building site in Odense, where $36 million will be invested in the construction of a major cobot hub in the “cobot capital” of the world. Collaborative robots – or cobots – are now the fastest growing segment of industrial automation. Cobots are a type of user-friendly robots that can work closely with humans without the need for safety guarding, enhancing both work environment and productivity.
The new cobot hub supports Teradyne’s mission to further strengthen the significant leads that both MiR and UR have established worldwide.
“MiR and UR are leading the world in the collaborative robot revolution that’s making automation solutions available to companies of all sizes. Teradyne continues to invest aggressively in the development of new products, solutions and sales channels, and this new facility is a key part of our growth strategy,” said Mark Jagiela, president and CEO of Teradyne. “...The Danes’ combination of innovative industrial design, combined with a practical business sense, have created a perfect combination for this emerging industry. The ability to make robots work in collaboration with humans in a user-friendly manner is something we have not encountered to this degree anywhere else in the world and we’re very excited to expand our capabilities in Odense.”
This is not the first time the MiR and UR owner has provided cash support for robot development in Denmark. To date, Teradyne has invested more than half a billion USD in the two young Danish robotic companies, both of which are growing rapidly.
The building site is in Odense’s industrial district close to UR’s current headquarters, which will also become part of the new cobot hub. The two companies will continue as separate entities with the aim to create an attractive environment that will help attract new employees to facilitate the continued growth expected by the two companies in the coming years.