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Boston DynamicsPioneering advanced robotics: Atlas, Spot, and Stretch
Valuation (Est.)
$21–28B
~25x since 2021 acquisition
Hyundai Acquisition Price
$880M
80% stake, 2021
RMAC Factory Target
30,000/yr
Hyundai US robotics factory
2026 Atlas Fleet
Fully committed
Hyundai RMAC + Google DeepMind
Cumulative Losses (2022–Q3 2025)
~1.38T KRW
Per Hyundai disclosures
Total raised: N/A (Hyundai-controlled, with annual capital injections) · Latest valuation: $21–28B (analyst estimate, post-CES 2026)
| Round | Date | Amount | Valuation | Key Investors |
|---|---|---|---|---|
| Hyundai Acquisition | Jun 2021 | $880M (80% stake) | $1.1B | |
| Hyundai Capital Injections | 2022–2025 | ~3.28T KRW (cumulative, ongoing) | - | Hyundai Motor Group |
| Implied Valuation (analyst) | Jan 2026 (post-CES) | - | $21–28B (KRW 30–40T) | Hyundai Motor Group (controlling)SoftBank (~9.5% stake) |
| Spec | Atlas (Electric, 2025) | Spot | Stretch |
|---|---|---|---|
| Type | Humanoid | Quadruped | Logistics arm |
| Height | 5'9" (~175cm) | - | - |
| Weight | ~91kg (200 lb) | - | - |
| DOF | 56 | - | - |
| Payload | 50kg (110 lb) | 14kg | 23kg |
| Reach | 2.3m | - | - |
| Joints | 360° rotational at hips/torso/wrists | - | - |
| Battery | Hot-swappable, autonomous swap | - | - |
| Price | Not publicly disclosed | ~$75K starting | - |
| Status | Production launch CES 2026; 2026 fleet committed | Commercial | Commercial |
80% ownership; HMGMA + RMAC deployments; tens of thousands of units committed
AI research collaboration; Atlas units committed to DeepMind in 2026
~9.5% stake post-Hyundai; put option through Jun 2026
Marc Raibert founds Boston Dynamics
First commercially available robot, ~$75K starting price
$880M for controlling stake at $1.1B valuation
Decade-old hydraulic Atlas farewell video published
Next-gen all-electric humanoid revealed; 360° rotational joints, 56 DOF
Expanded collaboration; Hyundai commits to tens of thousands of robots over coming years
Production Atlas debuts; 2026 fleet fully committed to Hyundai RMAC and Google DeepMind
Atlas reports for autonomous duty at Hyundai Motor Group Metaplant America (Savannah, GA)
Hyundai opens RMAC for Atlas training and validation
Exercisable until June 2026; primary IPO catalyst
Hyundai exploring NASDAQ listing scenarios
Electric Atlas robot. Owned by Hyundai ($880M acquisition). Deploying at Hyundai factories 2026. Boston Dynamics was founded in 1992, is headquartered in Waltham, MA and employs ~800.
Boston Dynamics has raised N/A (Hyundai-controlled, with annual capital injections) in total at a $21–28B (analyst estimate, post-CES 2026) valuation, based on the funding rounds Sterling tracks.
Sterling groups Boston Dynamics in the Humanoid Robots sector, alongside Tesla (Optimus), Figure AI (private), Agility Robotics (private), Apptronik (private), 1X Technologies (private) and Sanctuary AI (private).
If you are researching Boston Dynamics, also look at Tesla (Optimus) and UBTECH Robotics (9880.HK). You can compare all of them side by side or browse the full Humanoid Robots sector on Sterling.
