Festo

Festo SE & Co. KG
Company type
Kommanditgesellschaft
IndustryAutomation
FoundedEsslingen am Neckar, Weimar Republic (1925 (1925))
FounderAlbert Fezer
Gottlieb Stoll
Headquarters
Esslingen am Neckar
,
Germany
Number of locations
Sankt Ingbert
Key people
Thomas Böck (CEO)
RevenueDecrease €3.65 billion (2023)
Number of employees
Decrease 20,545 (2023)
Websitewww.festo.com/group

Festo was founded in 1925 by Albert Fezer and Gottlieb Stoll in Esslingen am Neckar, Germany.[1], initially specializing in wood-processing machinery. The company was named after its founders Albert Fezer and Gottlieb Stoll.

In 1929, Fezer left the company, and the Stoll family assumed full ownership. In the 1950s, under the leadership of Kurt Stoll, the company shifted its focus toward pneumatics for industrial application.

In 1992, the woodworking tools division was separated into a dedicated entity, which eventually became Festool in 2000. While both Festo and Festool remain under the ownership of the Stoll family, they operate as independent corporate groups. Recent expansions include the acquisition of the Swiss Eichenberger Group (2015) to bolster electromechanical drive capabilities and Resolto Informatik GmbH (2018) for advanced Artificial Intelligence in industrial automation.

Sales subsidiaries, distribution centres and factories of Festo are located in 61 countries worldwide.

Animal robots

Festo is known for making moving robots that move like animals such as the seagull-like SmartBird, jellyfish, butterflies and the BionicKangaroo.[2] In 2018 they also added a flying fox and a rolling spider to the list.[3] Festo calls their Bionic Flying Fox an “ultra-lightweight flying object with intelligent kinematics.”

See also

  • Robotino

References

  1. ^ Company Profile Archived 2011-08-23 at the Wayback Machine, Goliath
  2. ^ "Festo's Fantastical Flying Robots". IEEE Spectrum: Technology, Engineering, and Science News.
  3. ^ "Festo's New Bionic Robots Include Rolling Spider, Flying Fox". IEEE Spectrum: Technology, Engineering, and Science News. Retrieved 2018-04-18.
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