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Collaborative robotics

Three gripper companies become one

Enrico Krog Iversen, former CEO of Universal Robots, and the Danish Growth Fund are merging the three gripping system companies Perception Robotics, Optoforce and On Robot to form the new company OnRobot.

Enrico Krog Iversen and the Danish Growth Fund merge Perception Robotics, Optoforce and On Robot to form the new company OnRobot. (Image: OnRobot)

The US company Perception Robotics, the Hungarian company Optoforce and On Robot from Denmark will merge to form the new company OnRobot, which will manufacture gripping systems. The headquarters of OnRobot, headed by Enrico Krog Iversen, will be located in Denmark, according to the press release. The three business units will continue their own business and development activities. In addition, OnRobot's global sales network will have access to local sales support, technical support and product training from the company's regional offices in Germany, China, the USA, Malaysia and Hungary. More will follow in 2018.

"The goal is to build a global leader in the development and production of gripping systems. Through further acquisitions and collaborations, we anticipate revenues of over one hundred million dollars in the coming years," says Iversen, adding: "Safe, cost-effective and versatile cobots are becoming increasingly common because they offer sophisticated and intuitive programming that makes them easy to implement and reuse. Easily integrated end-of-arm tools such as grippers and sensors are essential elements that allow these powerful automation tools to be adapted to a variety of applications."

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With their new company, the two investors Enrico Krog Iversen and the Danish Growth Fund want to further strengthen Denmark's global position in the field of robotics. (Image: OnRobot)

In 2015, Enrico Krog Iversen and the Danish Growth Fund sold the Danish cobot pioneer Universal Robots to the US company Teradyne for 285 million dollars. With their new company, the two investors now want to further strengthen Denmark's global position in the field of robotics.

Collaborative robotics continues to grow

Collaborative robots, which work side by side with humans in applications such as packaging, quality inspection, material handling, machine operation, assembly and welding, currently account for three percent of global robot sales, according to the International Federation of Robotics. However, this share is set to rise to 34% of a market worth 25 billion dollars by 2025.

"This growth will undoubtedly depend on whether cobots can be used in more applications," says Iversen. "Their compact size and ability to work safely alongside humans make them ideal for small and medium-sized companies that need to be globally competitive. Cobots are increasingly being integrated into very large manufacturing facilities such as automotive plants, where they take over processes that cannot be automated with conventional robotics. As more cobot applications are added, new tools can be quickly and easily integrated into the cobot's user interface," says Iversen.

At Automatica, OnRobot will present the first fully integrated products with combined user interfaces that will simplify the development and use of cobots. as

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