DEPLOYDatabase

Company

Universal Robots

Universal Robots is a Danish collaborative robot manufacturer founded in 2005 by Esben Ostergaard, Kasper Stoy, and Kristian Kassow at the University of…

Founded
2005
HQ
Odense, Denmark
Status
subsidiary

Appears inManufacturing robots

Overview

Universal Robots is a Danish collaborative robot manufacturer founded in 2005 by Esben Ostergaard, Kasper Stoy, and Kristian Kassow at the University of Southern Denmark. A subsidiary of Teradyne since 2015, the company pioneered the cobot market with its UR5e and other UR series robots.

Verified record

Verified deployments
None on file
Active incidents
None on file

Valuation of record

DEPLOY VERIFIED
$285M (reported, approximate)as of Jun 2015

AcquisitionAcquired by Teradyne

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Key facts

Robot

Lightweight collaborative robot arms (cobots) including UR3, UR5, UR10, UR16, UR20, and UR30 series

Focus

Flexible deployment alongside humans in assembly, machine tending, welding, pick-and-place, and quality inspection

Scale

Held roughly 25% of the global cobot market as of 2024

Founders

Esben Ostergaard, Kasper Stoy, Kristian Kassow

Parent company

Teradyne (NYSE: TER, acquired 2015)

Product

UR5e, UR10e, UR16e, UR20 collaborative robots

Pioneer

First commercial cobot manufacturer

Data & sources

Web sources

2

2 sources backing this record.View all →

Current leadership (1)

Founders (1)

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Safety record

No incidents on record for Universal Robots.

Only active incidents are counted. Retracted incidents are excluded from this summary but remain reachable at their canonical URLs.

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Insurers & financiers (1)

Recent coverage

Universal Robots in third-party press

Peer companies