OnRobot A/S Overview
Company Headquarters: Denmark
Founded: 2015
Workforce: ~100
Company Working: OnRobot A/S (OnRobot) is one of the prime manufacturers of industrial robots in Denmark and other European countries. The company specializes in designing and manufacturing of end-of-arm tooling grippers for the collaborative robotic system. The company offers robotic arms that find applications in quality testing & inspection, surface finishing, assembly, packaging & palletizing, and pick & place. The company was established as a result of the merger between Perception Robotics, a US-based company; OptoForce, a Hungary-based company; and OnRobot in 2018. The company has a wide distribution channel spread across North America, Europe, and Asia-Pacific. The company generated an estimated revenue of USD 13 million in 2018.
Strategy
The major business strategy of OnRobot revolves around organic and inorganic strategies. It held a leading market position with its brands spread across different regions such as Europe and North America. OnRobot is also focusing on acquisitions and its technological expertise has created an opportunity to maintain its position in the market.
