Sandvik adds Universal Field Robots to mining division

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Universal Field Robotics has developed autonomous systems for multiple industries, such as construction shown here.

UFR has actually created self-governing systems for numerous sectors. Resource: Universal Area Robotics

Sandvik abdominal muscle today stated it has actually gotten Universal Area Robots, or UFR, a designer of self-governing systems for the surface area and below ground mining markets. UFR will certainly report to Digital Mining Technologies, a department within the Sandvik Mining and Rock Solutions company location.

” Universal Area Robots is an essential critical enhancement to Sandvik Mining and Rock Solutions, which will certainly reinforce our development possibility and offer crucial capacities in the growth of our mining automation services profile moving forward,” mentioned Stefan Widing, head of state and chief executive officer of Sandvik, when the firm initially introduced its purposes in August.

Stockholm, Sweden-based Sandvik offers innovations for the mining, production, and facilities sectors. Since 2023, the firm had concerning 41,000 workers, sales in 170 nations, and earnings of SEK 127 billion ($ 11.5 billion united state).

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Global Area Robotics to expand devices compatibility

Global Area Robotics has around 40 workers and is headquartered in Eagle Ranch, near Brisbane, Australia The firm’s systems are improved a typical freedom system, consisting of OEM-agnostic items for vehicles, loaders, and complementary devices.

Sandvik stated UFR’s modern technology matches its very own automatic offerings. “The procurement will certainly aid to raise the addressable market for Sandvik and additional enhances the marketplace setting of Sandvik AutoMine— the globe’s leading mining automation system,” it asserted.

The firms stated the procurement will certainly broaden the variety of third-party devices kinds that can incorporate with AutoMine.

In the fiscal year that finished in June 2024, Universal Area Robots produced earnings of around SEK 80 million ($ 7.2 million) Sandvik stated the acquisition will certainly have a restricted impact on its profits prior to rate of interest, tax obligations, and amortization (EBITA) will certainly be restricted. It included that the influence on its profits per share, omitting non-cash amortization impacts from company mixes, will certainly declare.