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Unitree Robotics

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Unitree’s humanoid-robot IPO rockets in Shanghai debut
markets2 hours ago

Unitree’s humanoid-robot IPO rockets in Shanghai debut

Shares in Unitree Robotics surged about 600% on its Shanghai IPO debut, after pricing at RMB 150.8 per share and valuing the company around $9 billion; intraday gains peaked near 629% before settling about 578% higher as onshore retail demand overwhelmed supply. The listing made Unitree a rare pure‑play humanoid robotics stock in China, aided by strong brand recognition from festive robot performances and an oversubscribed retail tranche (over 5,500 times). Overseas revenue is a meaningful portion of earnings, and investors are pricing in steep growth amid China’s tech rally even as US restrictions on humanoid robots pose a backdrop.

via Financial Times|
#chinese-technology-stocks#ipo#markets
Unitree Rockets on Shanghai Debut with a 542% IPO Surge
business3 hours ago

Unitree Rockets on Shanghai Debut with a 542% IPO Surge

Unitree Robotics jumped 542% on its Shanghai STAR Market debut after raising about 6.1 billion yuan ($905 million) in its IPO, with shares trading around 968 yuan after earlier highs near 1,100. Backers include Tencent and DeepSeek, and ahead of listing the company unveiled its 'Superman' humanoid, capable of a two-meter jump and speeds up to 12.66 m/s. Morgan Stanley expects China’s humanoid robot shipments to reach about 50,000 this year as the market grows from roughly $2 billion to $15 billion by 2030, with pilots moving to broader deployments and full-size humanoids increasing their share of shipments by 2028.

via CNBC|
#business#deepseek#humanoid-robot
India AI Summit row as professor passes off Chinese robo-dog as university creation
technology6 months ago

India AI Summit row as professor passes off Chinese robo-dog as university creation

A professor at Galgotias University faced backlash after allegedly presenting a Chinese-made robot dog at the India AI Impact Summit as the university’s own invention. The device was identified online as the Unitree Go2 from Unitree Robotics, prompting criticism and scrutiny of India’s AI ambitions; the university and professor denied claiming it as their creation, while the stall remained open amid broader summit concerns and political commentary.

via Al Jazeera|
#artificial-intelligence#galgotias-university#india