SC247    Topics     News    Universal Robots

Cobot rings bell at New York Stock Exchange

NYSE bell ringing celebrates the five-year anniversary of ROBO Global, the first robotics, automation and artificial intelligence (AI) index.


Universal Robots’ UR5e rang the closing bell on October 17, 2018, at the New York Stock Exchange (NYSE) robot arm.

The bell ringer, a collaborative robot (cobot) with a two-fingered gripper from Robotiq, is able to work alongside people with no safety guarding.

According to the International Federation of Robotics (IFR), cobots are now the fastest growing segment of industrial automation, expected to jump ten-fold to 34% of all industrial robot sales by 2025. Universal Robots (UR) pioneered the market by selling the first commercially viable cobot in 2008 and now has a 60% global share of the cobot market. Earlier this year, UR announced the sale of its 25,000th cobot.

This NYSE bell ringing celebrates the five-year anniversary of ROBO Global, the first-ever robotics, automation and AI index. Launched in October 2013, ROBO invests in more than 80 of the most innovative companies across the globe, spanning 12 subsectors from manufacturing to healthcare to sensing.


Article Topics


Latest in Universal Robots





 

Featured Downloads

The Ultimate WMS Checklist: Find the Perfect Fit
The Ultimate WMS Checklist: Find the Perfect Fit
Warehouse Management System selection requires time, research and diligent planning. In order to help you, Made4net has published this whitepaper to...
GEP Procurement & Supply Chain Tech Trends Report 2024
GEP Procurement & Supply Chain Tech Trends Report 2024
We’ve researched the five biggest trends in the supply chain space this year, and, drawing on our expertise in procurement and...

Unified Control System - Intelligent Warehouse Orchestration
Unified Control System - Intelligent Warehouse Orchestration
Download this whitepaper to learn Unified Control System (UCS), designed to orchestrate automated and human workflows across the warehouse, enabling automation technologies...
An Inside Look at Dropshipping
An Inside Look at Dropshipping
Korber Supply Chain’s introduction to the world of dropshipping. While dropshipping is not for every retailer or distributor, it does provide...
C3 Solutions Major Trends for Yard and Dock Management in 2024
C3 Solutions Major Trends for Yard and Dock Management in 2024
What trends you should be focusing on in 2024 depends on how far you are on your yard and dock management journey. This...