The Company That Created Spot the Robot Dog Is Now Owned by Hyundai

Hyundai buys Boston Dynamics robotics company 6 photos
Photo: Hyundai Motor Group
Spot the robot dog from Boston DynamicsSpot the robot dog from Boston DynamicsSpot the robot dog from Boston DynamicsSpot the robot dog from Boston DynamicsSpot the robot dog from Boston Dynamics
Hyundai gets into robotics and relies on Boston Dynamics, its new acquisition, to help it develop robots with advanced mobility, manipulation, and vision capabilities.
Hyundai Motor Group recently announced it has completed the acquisition of Boston Dynamics, one of the largest robotics design companies based in Massachusetts. According to Hyundai, the deal valued Boston Dynamics at $1.1 billion. The Korean carmaker now owns 80 percent of the company, which it bought from Softbank, with the latter still keeping the 20 percent left.

With its new purchase, Hyundai wants to take another step toward becoming a smart mobility solution provider, aiming to develop advanced technologies that enhance people’s lives. The goal is to create a robotics value chain from robot component manufacturing to smart logistics solutions. Hyundai has also invested significant amounts of money in autonomous driving, artificial intelligence, urban air mobility (UAM), and smart factories. Hyundai hopes its future advanced robots will make work more productive and will promote safety.

You may be familiar with Boston Dynamics through one of the most popular robots it's created, Spot, the robot dog. The yellow machine has made headlines constantly since a year ago when it was released. It has been used for various types of applications, from detecting radiation at Chernobyl to inspecting high-voltage facilities, getting involved in combat exercises at a military camp, doing simple chores like picking up clothes off the floor, and even entertaining people with a New Year’s dance, along with two other buddies, robot Handle and Atlas.

Spot was the first commercial robot launched by Boston Dynamics in June 2020. The company now has hundreds of robots operating in a variety of industries such as construction, manufacturing, oil mining, power utilities, and more. Boston Dynamics recently revealed its first commercial robot designed for distribution centers and warehouse facilities. Its name is Stretch.

If you liked the article, please follow us:  Google News icon Google News Youtube Instagram
Press Release
About the author: Cristina Mircea
Cristina Mircea profile photo

Cristina’s always found writing more comfortable to do than speaking, which is why she chose print over broadcast media in college. When she’s not typing, she also loves riding non-motorized two-wheelers, going on hikes with her dog, and rocking her electric guitars.
Full profile


Would you like AUTOEVOLUTION to send you notifications?

You will only receive our top stories