VOITH
The technology company Voith and the Munich-based robotics company Franka Emika have entered into a strategic partnership.
Part of the strategic partnership is the establishment of a new joint venture called Voith Robotics – A Voith and Franka Emika Company. The company, with headquarters in Munich, is to become a global system supplier for robot-assisted automation in the digital age. Voith Robotics will offer self-teaching lightweight robots made by Franka Emika, along with software solutions, apps, services and process consulting, to customers in various industries and markets throughout the world.
As part of the strategic partnership Voith will also have a direct stake in Franka Emika, thus emphasizing the long-term and strategic commitment by the two companies to cooperation. Martin Scherrer, formerly a member of the Board of Management of Voith Paper, will be the new chief executive officer of Voith Robotics, which is to be managed by Voith.
The still very young market for collaborative robots, also called cobots, currently has a volume of some 300 million euros and is predicted by industry researchers to grow exponentially in the coming years. The global market volume is expected to come to about 15 billion euros by 2025. Franka Emika is a leading designer and developer of powerful, self-teaching and easy-to-use lightweight robots. They will make it possible for the first time to automate repetitive and often monotonous tasks like finely controlled fitting, screwing and joining, as well as testing, inspection and assembly.
In 2017, the team from Franka Emika received the German Award for Innovation in Science and Technology from President Steinmeier for developing “Panda”, the first highly sensitive, self-teaching lightweight robot. In addition to being applied in industry, these robots may someday assist people in their everyday lives or help with tasks like elder care. The robot series “Panda”, in combination with robot-apps and customized services, will be the future core products of Voith Robotics. The company will offer platform- and manufacturer-independent robotics and automation solutions.
The joint venture will be presented for the first time at Hannover Messe.
“By bringing together a young company with its unique product portfolio and an experienced, family-owned and world-wide engaged company with a global network, we are creating a role model for Industry 4.0,” says Dr. Simon Haddadin, CEO of Franka Emika. “We will be able to offer customers throughout the world a combination of exceptional services and support, based on unique technologies.”
“Through its strategic partnership with Franka Emika, Voith has taken the logical next step in its digital agenda. We have defined robotics as a key competence and intend to add it to our existing portfolio,” says Stephan Schaller, President and CEO of Voith GmbH & Co. KGaA. “Franka Emika and Voith complement each other in an ideal manner by combining robotics, artificial intelligence and digital apps for users in various target markets with our know-how in automation and processes.”
View source version on businesswire.com: https://www.businesswire.com/news/home/20180419005830/en/
Contact:
Voith GmbH & Co. KGaA
Lars A. Rosumek
+497321/37-3879
lars.rosumek@voith.com
About Business Wire
Subscribe to releases from Business Wire
Subscribe to all the latest releases from Business Wire by registering your e-mail address below. You can unsubscribe at any time.
Latest releases from Business Wire
Ant International’s WorldFirst Accelerates SEA Growth with Malaysia MSB Licence7.8.2025 09:04:00 CEST | Press release
Ant International receives Bank Negara Malaysia Class A Money Services Business licence for WorldFirst to operate cross-border payment services.This new licence strengthens WorldFirst’s product and service offerings for businesses expanding into and out of Malaysia.The licence adds to WorldFirst’s portfolio of over 60 licences across Asia, Europe, North America and Oceania. Ant International has obtained approval from Bank Negara Malaysia to carry out business under a Class A Money Services Business licence. The licence will empower Ant International’s WorldFirst—an all-in-one digital cross-border payment and treasury account service for global businesses—to operate in Malaysia, adding to its 60+ global licences worldwide. This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20250806541491/en/ WorldFirst's All-in-One Business Account for Global Payments The licence will enable WorldFirst to expand its product offerings and roll out
Objectway Accelerates Its Growth Path Through an Investment From Cinven in Partnership With Its Founder Luigi Marciano and the Existing Management Team7.8.2025 09:00:00 CEST | Press release
The majority investment marks the start of a new phase of growth for Objectway, leveraging its resilient and scalable business model, its end-to-end solution-as-a-service platform, and long-term partnerships with a blue-chip customer base. Luigi Marciano, founder of Objectway, a leading provider of software and services to financial institutions across Europe, North America and the Middle East, along with Objectway’s management team and international private equity firm, Cinven, today announced an agreement under which Cinven will make a majority investment in Objectway. Luigi Marciano will remain a significant shareholder alongside Cinven, and continue in his role as CEO and Chair. He and his existing management team will continue to manage the business, and Cinven’s backing will provide strategic and financial support, including continued investment in technology innovation, as well as support for future organic growth and targeted M&A opportunities. Together, Luigi Marciano, his tea
Art Collective teamLab to Open New Museum, teamLab Biovortex Kyoto on October 7, 20257.8.2025 08:00:00 CEST | Press release
Unveiling 7 artworks, including pieces never before exhibited in Japan. Tickets on Sale now teamLab Biovortex Kyoto, art collective teamLab’s permanent art museum, is set to open in Minami-ku, Kyoto, as part of the Kyoto Station Southeast Area Project on October 7, 2025. This will be teamLab's largest museum in Japan, spanning over 10,000 square meters. This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20250806347101/en/ Even if individual elements are separated in space and time, when a structural order appears among them, the elements transcend space and time and form a single entity. Despite significant changes in shape or size on the surface, or even if all of the elements are replaced, the single existence will be maintained. This spatiotemporal existence is part of the whole, it appears from the whole, and is returned to it. It is a living universe - a biocosmos. (teamLab, Morphing Continuum © teamLab) In preparation for th
Allianz Announces Excellent Performance and Is Fully on Track for Full-year Ambitions7.8.2025 07:13:00 CEST | Press release
2Q 2025 This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20250806235547/en/ Oliver Bäte, Chief Executive Officer of Allianz SE Allianz achieves strong growth and record operating profitTotal business volume rises 8.01 percent to 44.5 billion euros, supported by good growth across all segments Operating profit increases 12.2 percent and reaches a record level of 4.4 billion euros, with particular strong contribution from the Property-Casualty segment Shareholders’ core net income advances by 17.3 percent and reaches 3.0 billion euros. Adjusted for the 0.3 billion euros disposal gain on the UniCredit Joint Venture, shareholders’ core net income increases 7.1 percent 6M 2025 Excellent performance across our businesses and record operating profitTotal business volume grows 10.1 1 percent and reaches 98.5 billion euros, with contributions from all segments Operating profit increases 9.3 percent to 8.6 billion euros, our highest half-
New pulp mill boosts Suzano's sales and revenue in the second quarter of 20257.8.2025 04:17:00 CEST | Press release
Suzano, the world’s largest pulp producer, announces its results for the second quarter of 2025 (2Q25), reporting sales of 3.7 million tonnes of pulp and paper. Sales increased 28% over the same period in 2024 (2Q24), mainly reflecting the strong operational contribution of the new Ribas do Rio Pardo pulp mill, whose production started in July 2024. Net revenue in the quarter totaled R$13.3 billion, a 16% increase compared to 2Q24. The expansion of pulp production capacity in Brazil, combined with the positive contribution to paper sales from the mills recently acquired in the United States and favorable FX rates, mitigated the impact on net revenue of lower pulp prices in the global market compared to 2Q24. As a result, Suzano's adjusted EBITDA reached R$6.1 billion and operating cash generation totaled R$4.1 billion. Net profit totaled R$5.0 billion positively impacted by the accounting impact of US dollar denominated debt and hedging operations translating into Brazilian Real. Beto
In our pressroom you can read all our latest releases, find our press contacts, images, documents and other relevant information about us.
Visit our pressroom