QUIP AG is a technology company based in Aachen, Germany. The company was founded in 2016 by Sophie Chung and Nicolaus von Kahlden. QUIP's headquarters is located in Aachen, a city known for its technological innovation and research.

QUIP AG specializes in the development and production of advanced robotics systems for various industries. The company's main products include collaborative robots, also known as cobots, which are designed to work alongside humans in a safe and efficient manner. These cobots are equipped with advanced sensors and software that allow them to perform tasks such as assembly, pick-and-place, and quality control.

QUIP AG operates on a global scale, with a presence in several countries including the United States, China, and Japan. The company has formed strategic partnerships and joint ventures with leading industrial automation companies to expand its market reach. For example, QUIP AG has partnered with ABB, a global leader in robotics and automation, to develop and market collaborative robot solutions.

In terms of market position, QUIP AG is considered a pioneer in the field of collaborative robotics. The company's innovative products and solutions have gained recognition and praise from industry experts. QUIP AG has experienced significant growth in recent years, with its global sales reaching new heights.

The company's focus on research and development, as well as its commitment to providing cutting-edge technology, has helped it stand out among its competitors. QUIP AG has achieved several notable milestones and achievements in its short history. In 2018, the company was acquired by the American technology giant, Facebook, which further solidified its position in the global robotics market.

In addition, QUIP AG has continuously evolved its product lineup and introduced new features and capabilities to meet the changing needs of its customers. As of now, QUIP AG continues to be at the forefront of the collaborative robotics industry. The company is constantly striving to push the boundaries of technology and provide innovative solutions for its customers.

With its strong market position and ongoing advancements, QUIP AG is poised for continued growth and success in the future