UBtech Robotics

Last updated
UBTECH Robotics
Company type Public
ISIN CNE100006CQ4
Industry Robotics
Founded2012;12 years ago (2012)
China
Headquarters Shenzhen, China
Key people
Zhou Jian
(CEO)
Number of employees
1,000 (2019)
Website ubtrobot.com

UBTECH Robotics Inc. is a Chinese manufacturer of robots based in Shenzhen, Guangdong.

History

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. [1]

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. [2] In 2020 its robots were used to help medical workers treating COVID-19 patients in Shenzhen. [3]

After a Series-C funding round by Tencent and ICBC it was valued at $5 billion. It was planning an IPO as of 2019. [4] [5]

In December 2021, the company delivered pint-sized robots to 300 pre-schools in Seoul, South Korea. [6]

In January 2022, Ubtech launched a mobile robot that emits UV rays to disinfect. The robot was commercially launched in USA. [7]

The company had its Initial public offering (IPO) in December 2023, raising HK$1 billion on the Hong Kong Stock Exchange. [8]

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References

  1. "IFA 2017 – UBTECH präsentiert Zukunft humanoider Roboter | Zaronews". www.zaronews.world. Retrieved 2020-09-13.
  2. "Video: Watch more than 1,300 robots dance simultaneously to break a world record". Guinness World Records. 2018-03-23. Retrieved 2020-09-13.
  3. "Video Friday: Robots Help Keep Medical Staff Safe at COVID-19 Hospital". IEEE Spectrum: Technology, Engineering, and Science News. Retrieved 2020-09-13.
  4. "UBTECH Plans to Launch IPO within this Year". EqualOcean. Retrieved 2020-09-13.
  5. "Tencent-backed robot maker UBTech set for listing on China market". Financial Times. July 15, 2019.
  6. "Ubtech Robotics Delivers Pint-Sized Robots to 300 Pre-Schools in Seoul, South Korea". Pandaily. 2021-12-08. Retrieved 2022-01-06.
  7. 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)
  8. "UBTech makes HK trading debut amid gloomy market". chinadailyhk. Retrieved 2024-06-08.