ABB’s YuMi robot rings Nasdaq opening bell

June 12, 2017
The dual arm cobot was a guest of the creator of the world’s first robotics and automaton investor index

ABB’s YuMi dual-arm, collaborative robot rang the opening bell today at the Nasdaq studio in New York City to start the trading day. YuMi was a guest of Robo Global, which offers the Robo Global Robotics and Automation Index Series, the world’s first benchmark index series to track the global robotics and automation market.

Greg Scheu, ABB, president of the Americas, joined YuMi and Robo Global executives at the podium for the ceremony. 

YuMi joins 2017 opening bell ringers like recent Indianapolis 500 winner Takuma Sato, NHL Commissioner Gary Bettman and representatives from Amazon, Cisco Systems and the Make-A-Wish Foundation.

YuMi was introduced in April 2015. Though it was designed to meet the production needs of the consumer electronics industry, it has equal application in any small parts assembly and material handling environment.

“Robotics, automation and artificial intelligence are driving change in the global economy, and ABB’s YuMi is emblematic of the innovation occurring to drive productivity,” says Travis Briggs, U.S. CEO of Robo Global. “Four years ago we recognized the need to measure and capture this growth and return opportunity for investors, and created the Robo Global Robotics and Automation Index Series.”