KUKA AG

KUKA AG

KUKAY
KUKA AGUS flagOther OTC
78.00
USD
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KUKA AG
KUKAY
(Other OTC)

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78.00

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Business
KUKA AG is a German manufacturer of industrial robots, factory automation systems, and intelligent automation solutions. Founded in 1898 and headquartered in Augsburg, Germany, the company, a subsidiary of China's Midea Group since its 2016 acquisition, operates in more than 50 countries with over 100 locations, including major sites in the USA, China, and Hungary; it serves industries such as automotive with a focus on e-mobility and batteries, electronics, metal and plastic, consumer goods, food, e-commerce, retail, and healthcare. KUKA offers industrial robots, autonomous mobile robots including controllers, software, cloud-based digital services, and fully connected production systems; through its divisions, it provides plant engineering via KUKA Systems for welding, assembly, and material processing, robotics solutions via KUKA Robotics, intralogistics automation via Swisslog, hospital and pharmacy automation via Swisslog Healthcare, and digital solutions via KUKA Digital featuring software from Visual Components and Device Insight. Recent developments include the launch of the KUKA Digital division to bundle software, AI, and simulation capabilities for production digitalization; a February 2025 partnership with Dassault Systèmes to integrate virtual twin technology into its mosaixx digital ecosystem, enhancing simulations for sectors like automotive and aerospace; an April 2024 collaboration with Viam for streamlined software integration on KUKA robotic arms; a 2025 leadership change with CEO Peter Mohnen replaced by Christoph Schell amid a reported €43.5 million net loss for 2024 due to economic pressures in automotive and China markets; and sustained order growth to €4.08 billion despite sales declines.

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