UBtech Robotics

UBTECH Robotics Inc. is a Chinese manufacturer of robots based in Shenzhen, Guangdong.^[2]

UBTECH Robotics

Company type	Public
Traded as	SEHK: 9880
ISIN	CNE100006CQ4
Industry	Robotics
Founded	2012; 13 years ago (2012) China
Founder	Zhou Jian
Headquarters	Shenzhen, China
Key people	Zhou Jian (CEO)
Revenue	CN¥1.06 billion (2023)
Net income	CN¥−1.27 billion (2023)
Total assets	CN¥4.77 billion (2023)
Total equity	CN¥2.09 billion (2023)
Number of employees	2,013 (2023)
Website	ubtrobot.com
Footnotes / references [1]

History

UBTECH Alpha 1PRO Humanoid Robot

Ubtech was founded in 2012 by Zhou Jian. Ubtech specializes in humanoid robots. Ubtech exhibited at IFA Berlin in 2017 and showed its latest innovations.^[3]

In 2018, the Italian mobile communications provider Telecom Italia Mobile set a Guinness world record for simultaneous dance for robots with 1,372 Alpha S1 robots from Ubtech. The old record was 1,069 robots.^[4] In 2020 its robots were used to help medical workers treating COVID-19 patients in Shenzhen.^[5]

After a Series-C funding round by Tencent and ICBC it was valued at $5 billion. It was planning an IPO as of 2019.^[6][7]

In December 2021, the company delivered pint-sized robots to 300 pre-schools in Seoul, South Korea.^[8]

In January 2022, Ubtech launched a mobile robot that emits UV rays to disinfect. The robot was commercially launched in USA.^[9]

The company had its Initial public offering (IPO) in December 2023, raising HK$1 billion on the Hong Kong Stock Exchange.^[10]

In 2024, UBTECH launched the Walker S Series, including the Walker S1 and Walker S Lite models, aimed at industrial applications. The Walker S Lite, in particular, is designed for intelligent manufacturing and smart logistics, featuring lightweight construction and rapid deployment capabilities.^[11]