Elite Robots

Teradyne Robotics, the Teradyne unit that owns Universal Robots, said in a news post on Oct 1 that its legal dispute with Chinese cobot maker Elite Robots has been resolved by mutual agreement on confidential terms. Chief legal officer Jette Withers said the settlement is not an admission by Elite Robots of liability, infringement or the validity of any intellectual property right, and that both sides wanted to avoid the cost of further proceedings. The post does not say whether Elite Robots will change its products or how the German case is closed. MEKAWIRE reported on Apr 28 that Universal Robots had won a preliminary injunction in Hamburg against Elite Robots Deutschland over its software, which this agreement now ends.

Rokae (Shandong) Robotics Group began trading on the Hong Kong Stock Exchange Main Board under code 3752 on 9 July 2026 after selling 23,031,900 H shares at a fixed HK$38.00, for gross proceeds of HK$875.2 million. The Hong Kong public tranche was subscribed 156.58 times and the international tranche 11.96 times, and a full over-allotment exercise on 5 August took the total raised to about HK$1,006.5 million.

Standard Bots said on 9 June 2026 that it had raised a US$200 million Series C led by RoboStrategy, with existing investors including General Catalyst, at a valuation of US$1 billion. The Glen Cove, New York, robot maker is expanding its plant to 70,000 square feet and says it is on pace to supply 10% of new US industrial robot deployments by 2027.

Chinese collaborative robot maker Guangdong Huayan Robotics began trading in Hong Kong under code 1021 on 30 March 2026 after pricing its H shares at HK$17.00 and raising HK$1,579.34 million gross. The retail tranche was subscribed 5,059.38 times, while preliminary 2025 results showed revenue up 24.6% to RMB386.9 million and a net loss of about RMB29.9 million.