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. 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,” says Mark Jagiela, President and CEO of Teradyne. “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. 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.
“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.