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© Universal Robots Electronics Production | February 05, 2020

Danish robotics companies invest $36M in new hub

Cobot specialist, Universal Robots, and Mobile Industrial Robots are investing USD 36 millions inrobots development and production at their home market.

The companies will share 32'000 square metres (334'000 square feet) in a new “cobot hub” in the city of Odense, the heart of Denmark’s rapidly expanding robotics cluster. With financial backing from their joint U.S. parent company Teradyne, Mobile Industrial Robots (MiR) and Universal Robots (UR) have acquired a 50'000 square metres building site in Odense, where USD 36M 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. “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,” says Mark Jagiela, President and CEO of Teradyne, in a press release. “We have found something very special in Denmark. The Danes’ combination of innovative industrial design, combined with a practical business sense, have created a perfect combination for this emerging industry.” 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, but the two companies will continue as separate entities. “Denmark has a significant lead in the global market for cobots. Investing ambitiously in building the world’s largest cobot hub right here in Odense makes a lot of sense,” says Thomas Visti, CEO of Mobile Industrial Robots. “Offering a strong, professional environment with superb facilities enables us to attract talent from all over the world.” MiR has hired 100 new employees the past year, with UR adding 280 new staff members during the past two years. Today, the two companies have 160 and 450 employees respectively based in Denmark. UR employs almost 700 employees worldwide while MiR’s staff counts a total of around 220 globally. The Danish robotics industry is currently booming; the 2019 annual survey from trade association Odense Robotics shows that 8,500 people now work for Danish robotics companies, 3,900 of them in and around Odense, Denmark’s third largest city. If the industry follows the growth forecasts, the Danish robot industry will employ 25,000 employees in 2025 according to the Danish analysis firm Damvad.
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June 09 2020 11:27 am V18.6.11-2