UBtech Robotics

Chinese manufacturer of robots From Wikipedia, the free encyclopedia

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

Quick Facts Company type, Traded as ...
UBTECH Robotics
Company typePublic
ISINCNE100006CQ4
IndustryRobotics
Founded2012; 13 years ago (2012)
China
FounderZhou Jian
HeadquartersShenzhen, China
Key people
Zhou Jian
(CEO)
Revenue CN¥1.06 billion (2023)
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)
Websiteubtrobot.com
Footnotes / references
[1]
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History

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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]

References

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