UFR will be placed in Digital Marketing Technologies, a division of Sandvik Mining and Rock Solutions. The acquisition will help push Sandvik's mining automation platform, Sandvik AutoMine.
The platform will help optimise performance on mining equipment fleets, regardless of the OEM.
UFR's solution portfolio is built on a common autonomy platform, which is a strong complement to Sandvik's automation offering and includes OEM (Original Equipment Manufacturer) agnostic robotic and autonomous solutions for trucks, loaders and auxiliary equipment.
"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," says Stefan Widing, President and CEO of Sandvik.