Teradyne (NYSE:TER) is a leading supplier of automation equipment for test and industrial applications. Teradyne Automatic Test Equipment (ATE) is used to test semiconductors, wireless products, data storage and complex electronic systems, which serve consumer, communications, industrial and government customers.
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This is a $28 million increase from the $376 million it brought in during 2021. In 2022, UR brought in $326 million, while MiR brought in $77 million.
Teradyne’s industrial automation group saw a 2% decrease in revenue in Q3 2022 compared to the same time period last year.
Teradyne companies Mobile Industrial Robots (MiR) and AutoGuide Mobile Robots have merged to become a single supplier of autonomous mobile robots (AMRs).
Revenue declined slightly from the $103 million generated in the first quarter of 2022.
Greg Smith has been appointed President of Teradyne, effective July 1, 2022. Mark Jagiela will continue as the Company’s Chief Executive Officer.
Teradyne’s industrial automation group grew its revenue 29% year-over-year in the first quarter of 2022 to $103 million.
Greg Smith, president of the Industrial Automation Group at Teradyne, will discuss the market drivers of human scale automation and present a model of the market potential for collaborative robots.
Dexterity has raised more than $200 million since it was founded in 2017. Its recent Series B valued the company at more than $1.4 billion.
On the backs of Universal Robots and Mobile Industrial Robots, Teradyne’s robotics group increased revenues 34% in 2021
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.
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