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UFR has developed autonomous methods for a number of industries. Supply: Common Discipline Robotics
Sandvik AB as we speak stated it has acquired Common Discipline Robots, or UFR, a developer of autonomous methods for the floor and underground mining markets. UFR will report back to Digital Mining Applied sciences, a division inside the Sandvik Mining and Rock Options enterprise space.
“Common Discipline Robots is a vital strategic addition to Sandvik Mining and Rock Options, which is able to strengthen our progress potential and supply key capabilities within the improvement of our mining automation options portfolio going ahead,” acknowledged Stefan Widing, president and CEO of Sandvik, when the corporate first introduced its intentions in August.
Stockholm, Sweden-based Sandvik offers applied sciences for the mining, manufacturing, and infrastructure industries. As of 2023, the firm had about 41,000 staff, gross sales in 170 international locations, and income of SEK 127 billion ($11.5 billion U.S.).
Common Discipline Robots to widen gear compatibility
Common Discipline Robots has roughly 40 staff and is headquartered in Eagle Farm, close to Brisbane, Australia. The firm‘s methods are constructed on a standard autonomy platform, together with OEM-agnostic merchandise for vans, loaders, and auxiliary gear.
Sandvik stated UFR’s expertise enhances its personal automated choices. “The acquisition will assist to extend the addressable marketplace for Sandvik and additional strengthens the market place of Sandvik AutoMine — the world’s main mining automation platform,” it claimed.
The businesses stated the acquisition will broaden the variety of third-party gear varieties that may combine with AutoMine.
Within the monetary yr that led to June 2024, Common Discipline Robots generated income of roughly SEK 80 million ($7.2 million). Sandvik stated the acquisition can have a restricted impact on its earnings earlier than curiosity, taxes, and amortization (EBITA) shall be restricted. It added that the affect on its earnings per share, excluding non-cash amortization results from enterprise mixtures, shall be optimistic.