Former Universal Robots president Kim Povlsen was named CEO of quantum technology leader Bluefors.|Credit: Universal RobotsKim Povlsen, the former president of Universal Robots, yesterday was named the CEO of Bluefors.
Based in Helsinki, Finland, Bluefors is a leading designer of cryogenic measurement systems, cryocoolers and other cryogenic line of product for quantum technology, essential physics research study and other markets such as life sciences and tidy energy.Teradyne Robotics revealed the management modification last week, saying Povlsen left Universal Robots (UR) to pursue and external career chance.
He joined UR, the world’& rsquo; s leading developer of collective robotic arms, in March 2021.
Jean-Pierre Hathout, president of fellow Teradyne Robotics subsidiary Mobile Industrial Robots (MiR) changed Povlsen as president of UR.Before UR, Povlsen has held a number of management positions at Schneider Electric, a worldwide modern business, where he led company transformation and innovation strategies in Europe, the US, and Asia.Teradyne recently announced the monetary outcomes for its very first quarter of 2025.
Its robotics revenue was $69 million in Q1 2025, which is down from $98 million in Q4 2024.
This likewise marked a 21% drop in sales in Q1 year over year.
Teradyne Robotics laid off 10% of its global workforce in January 2025.
In his new role, Povlsen will lead Bluefors international team of 700+ staff members to provide cooling systems for quantum technology.“& ldquo; I am delighted to sign up with Bluefors on its mission to speed up the quantum technology breakthrough,” & rdquo; said Kim Povlsen.
& ldquo; Bluefors has a proven performance history of successfully co-creating items with global technology corporations.
As the market leader in their field of cooling solutions for Quantum Technology and Low Temperature Physics Research, they have accomplished an undisputed function as the company who provides transformational innovation —-- making real-world, massive quantum computing accessible today.
I see remarkable opportunities to further enhance Bluefors as the benchmark for the industries that they serve.”& rdquo; Jonas Geust, former CEO of Bluefors, stepped down at the end of 2024 for personal factors.
Bluefors creator Rob Blaauwgeers worked as interim CEO.“& ldquo; We considerably value Kim’& rsquo; s ability to integrate strategic thinking, consumer orientation and drive for functional excellence,” & rdquo; stated chairperson of the Bluefors Board Kimmo Alkio.
“& ldquo; He is the catalyst of effective decision making, a leader who motivates change by interacting openly.
Customer-centricity is in his DNA and satisfies Bluefors’ & rsquo; approach completely: designing and producing products that customers want and needs –-- together with the consumers themselves –-- is one of the foundations of our operating model.”& rdquo; UR today presented the UR15, its fastest cobot ever.
The UR15 has a maximum TCP speed of 5 m/s to reduce cycle times, boost performance, and minimize expenses across applications and industries.UR likewise revealed today that it went beyond 100,000 cobots offered over the life time of the company.The post Former UR president Povlsen joins quantum innovation leader appeared first on The Robot Report.