UR reports record revenue

Universal Robots, a Danish collaborative robot (cobot) company, has reported Q4 revenue of $85m, bringing 2022 annual revenue to $326m, up 5% on 2021. On a constant currency basis, growth over the year was 12%.The company’s CFO Kim Andreasen says: “We are proud to have continued to grow our business despite facing a difficult macro-economic environment in 2022. We focused on things we were able to control, overcoming supply chain challenges to report our highest annual revenue to date.” In 2022 UR also began construction on its new headquarters and exceeded 1000 employees worldwide.
For further information www.universal-robots.com

Oqton and Valk Welding team up

Oqton, a software provider helping manufacturers increase innovation and efficiency by intelligently automating production, and Valk Welding, a specialist in the field of flexible arc-welding robots, have entered a partnership designed to transform the welding industry. As a result, Oqton’s software will become part of Valk Welding’s Automatic Robotic Programming (ARP) solution for high-mix, low-volume production. The Valk Welding ARP powered by Oqton is said to enable 10 times faster programming than traditional offline programming solutions.
For further information www.oqton.com

CGTech celebrates 35th anniversary

CGTech, the developer of Vericut CNC machine simulation software, is celebrating 35 years of growth and innovation in CNC simulation and optimisation.“For 35 years, CGTech’s technology leadership and experienced team have helped Vericut evolve together with our customer base. CGTech’s solutions are deeply entrenched in the aerospace industry’s history, and adopted today across sectors ranging from oil and gas to Formula One. People are at the heart of CGTech’s success and have made it what it is today: an innovative software company driven by team spirit and customer care.”
For further information www.cgtech.co.uk

Seco buys Premier Machine Tools

Ireland-based PMT Premier Machine Tools, a supplier of machining solutions for the medical industry, has become part of the product and service offering from cutting tool specialist Seco. With this acquisition Seco will increase its presence in the medical segment by offering integrated manufacturing solutions.PMT will continue to operate as an independent company and sell its products and services under the PMT brand. PMT’s business consists of supplying cutting tools and providing expertise, alongside a thriving machine tool supply business.
For further information www.secotools.com

Allied Machine expands thread-mill portfolio

Allied Machine and Engineering, a manufacturer of hole-making and finishing cutters, has added new sizes to its AccuThread T3 thread-mill line. AccuThread T3 is now available in larger UN and ISO sizes up to 1”-8 and M24x3. Machine coding for the new sizes is included in Insta-Code, Allied Machine’s online thread-mill program generator.

Targeting high-production facilities, tool and die industries and high-temperature applications, the additional AccuThread T3 thread-mill sizes create a high-quality thread without the concern of breaking the tool in an expensive workpiece. Allied designed the tool to only machine three threads at a time, which reduces pressure and dramatically increases the chances of tool survival.

The AccuThread T3 is for machining hardened or hard-to-machine materials such as stainless steel, tool steel, and high-temperaturealloys in classifications P, S, M, H, K and N.

According to Allied the advantages of the thread-mill line include: improved tool life and a more precise thread form; the ability to cut harder materials and produce deeper threads than a standard thread mill; and improved cycle time and tool life.

Among notable features is left-hand cutting, which allows the tool to climb mill while it moves from top to bottom, creating a right-handed thread. Further features include the use of three teeth that cut minimal threads all at once and reduce side deflection, along with AM210 multi-layer PVD coating.

Among industries set to benefit are aerospace, agriculture, automotive, firearms, construction, marine, mining and renewables.
For further information www.alliedmachine.com