Sandvik AB today said it has acquired Universal Field Robots, or UFR, a developer of autonomous systems for the surface and underground mining markets. UFR will report to Digital Mining Technologies, a division within the Sandvik Mining and Rock Solutions business area.
“Universal Field Robots is an important strategic addition to Sandvik Mining and Rock Solutions, which will strengthen our growth potential and provide key capabilities in the development of our mining automation solutions portfolio going forward,” stated Stefan Widing, president and CEO of Sandvik, when the company first announced its intentions in August.
Stockholm, Sweden-based Sandvik provides technologies for the mining, manufacturing, and infrastructure industries. As of 2023, the company had about 41,000 employees, sales in 170 countries, and revenue of SEK 127 billion ($11.5 billion U.S.).
Universal Field Robots to widen equipment compatibility
Universal Field Robots has approximately 40 employees and is headquartered in Eagle Farm, near Brisbane, Australia. The company‘s systems are built on a common autonomy …