Hesai Named to Morgan Stanley's Humanoid 100, Cited for Robotic Actuation and Lidar
Hesai Technology has been named to Morgan Stanley's Humanoid 100, with the bank highlighting its robotic actuation modules and lidar as key to a projected $7.5 trillion humanoid market.
- 1 billion
- $7.5 trillion
- 40–50%
- $14.8 million
What Happened
Hesai Technology has been named to Morgan Stanley's Humanoid 100 in the investment bank's latest Humanoid Horizons report. The company is recognized across Complete Actuators, Radar & Lidar, and Cameras & Vision Sensors in the robotic body segment. Hesai's robotic actuation modules mark its first entry into the actuator category alongside established players like Sanhua Intelligent Controls. Morgan Stanley projects roughly 1 billion humanoid robots in cumulative adoption by 2050, potentially driving $7.5 trillion in annual revenue.
Morgan Stanley highlights Hesai's robotic actuation modules—which carry gross margins of 40–50% on a cost-plus basis—as a key driver behind its inclusion. These modules are already powering tactile robotic hands developed by leading embodied AI companies and have been integrated into NVIDIA's Isaac GR00T reference humanoid platform. According to Hesai's Q1 earnings, the company's Strategic Growth Initiatives (SGI) for 2026 target $14.8 million in revenue, with Morgan Stanley projecting additional upside over the next 12–18 months.
According to Morgan Stanley, data is the critical bottleneck for the humanoid industry. Kosmo—the world's first AI spatial camera, to be launched later this year—fuses lidar, high-resolution imaging, and 3D Gaussian Splatting to transform real-world environments into high-fidelity, editable 3D models. This gives embodied AI developers a scalable pipeline of training data to close the sim-to-real gap.
The JT series combines mini size, active sensing, high-precision point cloud modeling, and strong anti-interference performance, making it ideal for autonomous mobile robots navigating complex real-world environments. At WAIC 2026, multiple flagship robots on the show floor carried the JT series lidar. Earlier this year, the JT128 powered Honor's Lightning humanoid to victory in the second Global Humanoid Robot Half Marathon—it crossed the finish line in 50:26, beating the human world record of 56:42.
- 50:26
- 56:42
From 3D perception to spatial intelligence to robotic actuation, Hesai describes itself as an integrated hardware-and-software infrastructure platform for Robotics and Physical AI. Its full-stack capabilities span perception, reasoning, and action, and it says it is the only company in the industry to have achieved commercial traction across the entire chain. As humanoid robotics moves from demos to deployment, Hesai says it will continue to drive innovation and build infrastructure for Physical AI to scale across real-world environments.
Previously from Hesai Technology
Hesai has been expanding its Physical AI infrastructure for several months. At WAIC 2026, the company showcased its Kosmo spatial intelligence platform, JT series robotic lidar, and ETX 6D lidar, highlighting its Physical AI push. The JT128 lidar has also been deployed in Thoro.ai's CoreFlex autonomous pallet mover for warehouse navigation, where it continuously maps changing environments without re-mapping.
- Hesai Showcases Kosmo Spatial Intelligence Platform and Robotic Lidar at WAIC 2026
- Hesai JT128 Lidar Enables CoreFlex AMR to Navigate Dynamic 3PL Warehouses
Background drawn from MotorClaw's earlier coverage of Hesai Technology's official releases.
Why this matters
This recognition places Hesai among companies Morgan Stanley expects to shape the emerging humanoid robotics industry, a market the bank projects could reach $7.5 trillion in annual revenue by 2050. For Hesai, the listing spotlights a new growth engine in robotic actuation modules beyond its core lidar business, with gross margins of 40–50%. It also signals that Hesai's perception and actuation technology is already being adopted by leading AI companies l…
Terms in This Story
- Lidar
- A sensing method that uses laser pulses to measure distances and create precise 3D maps of an environment.
- Embodied AI
- Artificial intelligence designed to operate within a physical body, such as a robot, perceiving and acting in the real world.
- 3D Gaussian Splatting
- A computer graphics technique that represents 3D scenes using Gaussian functions for real-time rendering and editing.
- Gross margin
- The share of revenue left after subtracting the direct costs of making a product, expressed as a percentage.
Summarised from the linked release; details can be imperfect — always verify against the original source.