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Live2026-09-12 08:06 UTC+0 todayUpdated
KiaBy Business

Hyundai Motor Group shareholders to acquire SoftBank's stake in Boston Dynamics

Hyundai Motor Group shareholders are moving to acquire SoftBank's entire stake in Boston Dynamics, aiming to strengthen robotics capabilities and advance AI-powered humanoid robot Atlas.

Atlas payload
23 kg
Planned deployment at HMGMA
2028
Target for component assembly
2030

What Happened

Hyundai Motor Group shareholders are pursuing the acquisition of SoftBank's entire stake in Boston Dynamics after SoftBank exercised a put option. The move is part of Hyundai's long-term robotics strategy to strengthen its capabilities and collaboration with Boston Dynamics. The contemplated transaction is expected to support collaboration across Hyundai's robotics businesses and enhance its ability to execute its long-term robotics strategy.

Hyundai is building an End-to-End (E2E) AI Robotics Value Chain that combines Boston Dynamics' expertise in AI robotics with Hyundai's manufacturing capabilities, mobility technologies, and global value chain. The goal is to accelerate the development, validation, and commercialization of Physical AI technologies and robotics solutions.

Atlas robot development milestones

  1. 2026

    Atlas delivers ceremonial match ball at FIFA World Cup 2026 match

  2. 2028

    Atlas deployment at Hyundai Motor Group Metaplant America for parts sequencing tasks

  3. 2030

    Atlas support for component assembly processes

Recent Atlas demonstrations
  • Delivered ceremonial match ball during a FIFA World Cup 2026 match
  • Lifted and transported a 23-kilogram compact refrigerator
Atlas payload capability

23 kgkilograms

demonstrated by lifting and transporting a compact refrigerator

Why this matters

The acquisition would give Hyundai full control of Boston Dynamics, accelerating development of humanoid robots like Atlas. This could transform manufacturing automation, with Atlas planned for deployment at Hyundai's Metaplant America by 2028. The move underscores Hyundai's shift towards robotics and AI, potentially affecting automotive and industrial workers.

Terms in This Story

Put Option
A contractual right that allows a shareholder, subject to specified terms and conditions, to require another party to purchase its shares.
Call Option
A contractual right that allows a shareholder, subject to specified terms and conditions, to purchase shares from another party.
Read Original: Kia

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