MiR and Logitran are building both a fully autonomous pallet jack and a semi autonomous pallet jack. The pallet jacks will combine MiR’s autonomous navigation and software with Logitran’s electric pallet jacks.

Led by Mobile Industrial Robots and Universal Robots, the group’s revenue increased 15% Q/Q and 57% Y/Y.

If the first quarter of 2021 is a sign of things to come, it’s going to be a great year for Mobile Industrial Robots (MiR) and Universal Robots (UR). Both companies are owned by Teradyne, which saw its industrial automation group earn $80 million in Q1 revenue. This represents a 33% increase year-over-year and 21%…

RBR50 company AutoGuide Mobile Robots, which was acquired by Teradyne in 2019, will soon have a new leader. President and CEO Rob Sullivan resigned on March 1, but is staying on until June 1 to help the transition. Tim Moriarty, Teradyne’s president of memory products, will step into Sullivan’s role. Sullivan, 54, led AutoGuide’s spinout…