UBtech Robotics

UBtech Robotics Inc.
TypePublic
ISINCNE100006CQ4
IndustryRobotics
FoundedMarch 31, 2012; 14 years ago (2012-03-31)
China
FounderZhou Jian
HeadquartersShenzhen, China
Key people
Zhou Jian
(CEO)
RevenueIncrease CN¥1.06 billion (2023)
Decrease CN¥−1.27 billion (2023)
Total assetsIncrease CN¥4.77 billion (2023)
Total equityIncrease CN¥2.09 billion (2023)
Number of employees
2,013 (2023)
Websiteubtrobot.com
Footnotes
[1]

UBtech Robotics Inc. (深圳市優必選科技股份有限公司) is a Chinese manufacturer of robots based in Shenzhen, Guangdong.[2]

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 the United States.[9]

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

In October 2024,[11] 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.[12]

In February 2026, the company open-sourced its self-developed vision-language model "Thinker".[13][14]

References

  1. ^ "2023 Annual Report" (PDF). HKEX.
  2. ^ Malayil, Jijo. "China's UBTech picks ChatGPT rival Baidu to brain-power humanoid robot". Interesting Engineering. Retrieved 2024-07-06.
  3. ^ "IFA 2017 – UBTECH präsentiert Zukunft humanoider Roboter | Zaronews". www.zaronews.world. Retrieved 2020-09-13.
  4. ^ "Video: Watch more than 1,300 robots dance simultaneously to break a world record". Guinness World Records. 2018-03-23. Retrieved 2020-09-13.
  5. ^ "Video Friday: Robots Help Keep Medical Staff Safe at COVID-19 Hospital". IEEE Spectrum: Technology, Engineering, and Science News. Retrieved 2020-09-13.
  6. ^ "UBTECH Plans to Launch IPO within this Year". EqualOcean. Retrieved 2020-09-13.
  7. ^ "Tencent-backed robot maker UBTech set for listing on China market". Financial Times. July 15, 2019.
  8. ^ "Ubtech Robotics Delivers Pint-Sized Robots to 300 Pre-Schools in Seoul, South Korea". Pandaily. 2021-12-08. Retrieved 2022-01-06.
  9. ^ January 2022, 10th. "UBTECH's Mobile Disinfectant Robot Hits the Market". IoT World Today. Retrieved 2022-12-06.{{cite web}}: CS1 maint: numeric names: authors list (link)
  10. ^ "UBTech makes HK trading debut amid gloomy market". chinadailyhk. Retrieved 2024-06-08.
  11. ^ https://www.heise.de/en/news/Humanoid-robots-UBTech-prepares-mass-production-of-Walker-S-series-10257836.html
  12. ^ "First domestic, full-process humanoid robot for material handling starts 'factory training'". Beijing E-Town. 2024-08-08. Retrieved 2025-04-25.
  13. ^ "Company announces open-sourcing of its embodied-intelligence model "Thinker"". AASTOCKS. February 2026. Retrieved 8 February 2026.
  14. ^ "Thinker". GitHub. UBTECH Robotics. Retrieved 8 February 2026.

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