Universal Robots, the Danish collaborative robot (cobot) company, has reported Q4 revenue of $103m, up 21% on Q4 2022. The quarter was the company’s largest revenue quarter to date.In 2023, Universal Robots experienced strong demand for the first of its heavypayload cobots, the UR20, particularly for palletising and welding applications. In November, the business launched the second model in its new series of cobots, the UR30, which will make new automation possibilities available to customers. The UR20 and UR30 together represented 30% of Q4 revenue.

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