January 4, 2019 by Manufacturing AUTOMATION
January 4, 2019 – Despite a somewhat rocky year for the robotics industry, Mobile Industrial Robots (MiR), developer of autonomous mobile robots, says it nearly tripled its sales in 2018.
The company announced 160 per cent revenue growth in 2018, a target the company established after accomplishing the same growth rate in 2017. Thirty per cent of MiR’s 2018 sales come from the Americas (27 per cent in the United States and three per cent in Latin America).
In addition to increased sales of multiple robots to companies such as Toyota, which already uses MiR robots to optimize logistics in plants in the U.S. and Asia, the company’s growth in 2018 also came from the launch of the MiR500, which can pick up, transport and deliver pallets.
MiR expects 2019 will bring more new products, along with 100 new employees and new offices in the U.S., China, and Japan. According to Thomas Visti, CEO of MiR, the company also expects to increase revenue as much, if not more, over the next year, while expanding the types of companies that can benefit from autonomous mobile robots.
“In 2019, we’ll continue to focus on delivering solutions that companies are requesting,” says Visti. “That means we’ll also support companies that are used to leasing equipment such as electric forklifts and AGVs by starting a new ‘mobile robots as a service program’ via our external partners. Now we can lower the initial investment required to make it easier and more attractive for these companies to get started with our collaborative autonomous mobile robots.”