UBTech Robotics Expands Presence in Global Humanoid Robot Market

Factory automation looking more like us - Chinadaily.com.cn

As the global humanoid robot market is expected to grow at a rate of 52.8 percent annually from 2023 to 2030, UBTech Robotics is well-positioned to capitalize on this trend with its focus on manufacturing, commercial services, and home companions for its humanoid robots.

UBTECH Robotics Inc.

UBTech Robotics Raises $128 million in IPO

UBTech Robotics, a Chinese AI and humanoid robotics company, successfully raised over HK$1 billion ($128 million) in an initial public offering (IPO) on the Hong Kong Stock Exchange in December 2023.

UBTech Robotics Sees Opportunities in Industrial Automation

With about 70 percent of manufacturing in China already done by machinery and automation, UBTech Robotics sees opportunities for its humanoid robots to collaborate with traditional automation equipment to solve complex scenarios of flexible unmanned operations.

UBTech Robotics witnesses surge in new humanoid robotics companies

Tech giants embracing humanoid robots - Chinadaily.com.cn

According to UBTech Robotics, a Shenzhen-based AI and humanoid robotics company, there has been a significant increase in new humanoid robotics companies in the past six to eight months, indicating a growing interest in the field.

UBTECH Robotics Inc. is a Chinese manufacturer of robots specializing in humanoid robots. The company was founded in 2012 by Zhou Jian and has gained recognition for its innovative robotics solutions, including setting a Guinness world record for simultaneous dance for robots and providing robots to assist medical workers treating COVID-19 patients.

Ubtech Robotics Corp Ltd engages in the research, design, development, production, commercialization, marketing, and sale of robotic products and services in China and internationally. Its education smart robotic products and services include humanoid Yanshee, Alpha Mini, and uKit and Jimu series that can interact with students to perform various functions, such as dancing based on the codes or commands written or designed by the students or end-users during their learning process; software comprising AI smart education platform for coding and programming learning; and ancillary services, which supports for teacher training and operation purposes. The company's logistics smart robotic products and services comprise automated guided vehicles and automated mobile robots that are designed for enterprises with large factories and warehouses under the Wali series; and software and ancillary services, such as warehouse management and manufacturing execution systems. Its other sector-tailored smart robotic products and services include Cruzr series, Walker series, and ADIBOT series for guiding assistance, reception, sanitation, security patrol, safety inspection, monitoring of environmental condition, and greeting purposes in schools, hospitals, airports, train stations, shopping malls, banks, and electrical substations. The company's consumer-level robots and other hardware devices comprise AiRROBO vacuum cleaner, AiRROBO cat litter box, and Alpha Mini series for household use. It also offers Panda Robot, a humanoid service robot; healthcare cloud platform; PATHFYNDER, a chair for seniors; WASSI, a trainer for seniors; WELLI, a companion robot; VERCARI, a cabinet delivery robot; UBPet, a pet product series; and AUCARI, an open shelf delivery robot. The company was formerly known as Shenzhen UBTECH Technology Co., Ltd. and changed its name to Ubtech Robotics Corp Ltd in March 2019. Ubtech Robotics Corp Ltd was incorporated in 2012 and is headquartered in Shenzhen, China.

9880

COM:UBTROBOT

UBTECH Robotics Inc.

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