Hyundai plans full ownership of US robotics firm Boston Dynamics

1 month ago 21

GlobalData

Thu, July 16, 2026 astatine 7:00 AM CDT 1 min read

Hyundai Motor Group (HMG) is seeking to bring Boston Dynamics afloat nether its ownership, moving to get SoftBank Group's remaining holding successful the US robotics firm.

The radical confirmed it intends to acquisition SoftBank's full involvement successful Boston Dynamics nether presumption acceptable retired successful the parties' existing agreements.

The determination follows SoftBank's determination to workout its enactment option, aft which the applicable shareholders began examining contractual rights and obligations done their respective interior governance and support processes.

HMG said it had been evaluating options to summation its involvement successful Boston Dynamics arsenic portion of a broader, semipermanent robotics strategy, aimed astatine deepening collaboration with the institution and reinforcing its ain robotics capabilities.

Several media study estimates person enactment the worth of the transaction astatine astir $325m for SoftBank's 9.9% holding.

According to HMG, the transaction would bolster practice crossed its robotics operations and enactment execution of its semipermanent strategy successful the sector.

HMG and Boston Dynamics are expected to proceed their associated enactment connected strengthening competitiveness successful robotics and advancing AI-driven robotics technologies and associated ecosystems.

The group besides outlined plans to deploy Atlas, Boston Dynamics' humanoid robot, astatine HMG Metaplant America from 2028, wherever it would initially assistance with parts sequencing nether the company's astute mill initiatives.

HMG said Atlas's relation could widen to constituent assembly by 2030, contingent connected further exertion validation, operational readiness and concern needs.

Boston Dynamics was founded successful 1992 arsenic a Massachusetts Institute of Technology (MIT) spin-off by Marc Raibert.

HMG archetypal acquired a controlling involvement successful the institution from SoftBank successful June 2021.

"Hyundai plans afloat ownership of US robotics steadfast Boston Dynamics" was primitively created and published by Just Auto, a GlobalData owned brand.

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