KUKA
Augsburg maker of industrial robots, automation systems and Swisslog warehouse logistics, wholly owned within China's Midea Group since 2022.
- Qualcomm agrees to buy PickNik, steward of open-source MoveIt, to pull robot motion software onto its Dragonwing chips
Qualcomm Technologies said on 23 September 2026 it had agreed to acquire PickNik Inc., the Boulder, Colorado company behind the MoveIt manipulation framework and its commercial MoveIt Pro platform. Terms were not disclosed. Qualcomm pledged to keep MoveIt 1 and MoveIt 2 open source and hardware agnostic while integrating PickNik's software more tightly with its Dragonwing robotics processors and Arduino boards.
Mentioned - Rokae lists in Hong Kong at HK$38 and raises about HK$1.01 billion including the over-allotment after retail investors cover its offer 156 times
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.
Mentioned - Estun lists in Hong Kong at the bottom of its range, raising HK$1.49 billion as China's top-selling robot brand returns to profit
Nanjing industrial robot maker Estun Automation began trading in Hong Kong on 9 March 2026 after pricing 96.78 million H shares at HK$15.36, raising HK$1.49 billion gross, with half of the net proceeds reserved for overseas plants, alliances and acquisitions. Its first annual results as a dual-listed company showed 2025 revenue up 21.93% and a small profit after a RMB810.93 million loss, while stabilisation buying down to HK$11.69 showed weak aftermarket demand.
Mentioned - Nabtesco's robot gear orders rise for a fourth straight quarter, doubling component profit as China and Korea EV projects return
Nabtesco, which estimates it supplies about 60% of the joint reducers in medium and large industrial robots, said component segment orders rose 16.2% to ¥82.4 billion in 2025 and operating income more than doubled to ¥5.4 billion. The Tokyo-listed company forecasts precision reduction gear sales of ¥88.2 billion in 2026, with robot demand recovering mainly in the second half, while its Changzhou plant already runs at 115% utilisation.
Mentioned - Physical Intelligence raises $600 million at $5.6 billion as CapitalG leads bet on a shared robot brain
Robot foundation model developer Physical Intelligence has raised $600 million at a $5.6 billion valuation in a Series B led by Alphabet's growth fund CapitalG, according to its investors. The round followed the release of π*0.6, a model the company says more than doubles throughput on hard tasks after reinforcement learning on real robots.
Mentioned - SoftBank agrees to buy ABB's robotics division for $5.375 billion, killing the planned spin-off at 17 times EBITDA
SoftBank Group will acquire ABB Robotics for an enterprise value of US$5.375 billion, the two companies said on 8 October 2025, replacing ABB's plan to list the unit separately in 2026. The division had 2024 revenue of US$2.279 billion and about 7,000 employees, and the deal needs approval in the EU, China and the US before an expected close in mid-to-late 2026.
Mentioned - IFR counts 542,000 factory robots installed in 2024 as Japan, Korea and Germany slip and China takes 54%
The International Federation of Robotics said on 25 September 2025 that 542,000 industrial robots were installed worldwide in 2024, the second-highest annual total on record and 2% below 2023. Japan (44,500 units, down 4%), the Republic of Korea (30,600, down 3%) and Germany (26,982, down 5%) all contracted, while China installed 295,000 units and domestic Chinese makers took 57% of their home market for the first time.
Mentioned - ABB plans to spin off its US$2.3 billion robot business as a separate listed company in 2026
ABB said on 17 April 2025 it will propose a full spin-off of its Robotics division at its 2026 AGM, with trading in the new company planned for the second quarter of 2026. The division, which ABB calls the global number two in robotics, had about US$2.3 billion of 2024 revenue and a 12.1% operational EBITA margin, while its business area's first-quarter margin fell to 9.9% even as orders rose 14%.
Mentioned - NEURA Robotics raises EUR 120 million Series B led by Lingotto as it reports a EUR 1 billion order book
NEURA Robotics of Metzingen, Germany, said on 15 January 2025 it had raised EUR 120 million in a Series B round led by Lingotto Investment Management. The company said the money would fund research and development, new product launches and its Neuraverse software platform, and reported more than 300 staff, tenfold revenue growth in a year and a EUR 1 billion order book.
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