Collaborative robotics technology pioneer, Rethink Robotics, closes its doors for good

December 05, 2018 | Case Study

Classical robotic arms have many limitations that prevent enterprises from deploying them; their high price points often prevent small and midsize enterprises from purchasing them, and their large size, lack of safety features, and complex interfaces prohibit their use in applications that involve human workers. In the late 2000s, a handful of companies like Universal Robots and Rethink Robotics developed smaller, safer, cheaper versions of classical arms that were much easier to use, which we now call collaborative robots, or cobots. The robotics industry speaks of these two as cobot pioneers, but where Universal Robots saw success and an acquisition by Teradyne, Rethink Robotics struggled to find traction and shut its doors in late 2018.

About Lux Research

Lux Research is a leading provider of tech-enabled research and advisory solutions, helping clients drive growth through technology innovation. A pioneer in the research industry, Lux uniquely combines technical expertise and business insights with a proprietary intelligence platform, using advanced analytics and data science to surface true leading indicators. With quality data derived from primary research, fact-based analysis, and opinions that challenge traditional thinking, Lux clients are empowered to make more informed decisions today to ensure future success.

Already a Lux Client?

Sign In

Interested in Learning More?

Contact us to learn the benefits of becoming a Lux member.

Or call us now

For North America (Boston Headquarters)
+1 (617) 502-5300

For EMEA (Amsterdam)
+31 20 280 7900

For APAC (Singapore)
+65 6592-6978