Robotics companies

Boston Dynamics

Builds mobile robots: Spot for industrial inspection, Stretch for truck unloading, and Atlas humanoid for manufacturing tasks.

Headquarters

Waltham, United States

Founded

1992

Ownership

Hyundai Motor Group

Latest deal

SoftBank's remaining stake (pending)

Jul 16, 2026

Is Boston Dynamics a public company?

No. Boston Dynamics is owned by Hyundai Motor Group, which bought an 80% stake from SoftBank in June 2021. In July 2026 Hyundai said its shareholders are pursuing SoftBank's remaining stake.

Source: Boston Dynamics (press release), Jun 21, 2021 · Hyundai Motor Group (statement), Jul 16, 2026

What Boston Dynamics does

Boston Dynamics builds mobile robots. Its website lists four products: Spot, Stretch, Atlas and the Orbit software platform. The company says it was founded in 1992 by Marc Raibert, who came from MIT's Leg Lab.

Spot is used for inspection. Boston Dynamics names manufacturing predictive maintenance and facility monitoring, inspection of hazardous energy sites, and construction progress documentation as uses.

Stretch is used in warehouses for two jobs: unloading trailers and containers, and picking cases during order fulfillment. Boston Dynamics says Stretch can move hundreds of cases an hour and lists Otto Group, NFI, Gap Inc., Arvato, DHL, Maersk and H&M as customers.

Atlas is at an early stage. Boston Dynamics says it is starting with a select number of early adopters and names Hyundai as doing field testing on sequencing tasks. Hyundai said on Jul 16, 2026 it aims to deploy Atlas at its Metaplant America facility beginning in 2028.

Products

Spot

A mobile robot that automates sensing and inspection tasks in industrial sites such as manufacturing, energy and construction, according to Boston Dynamics.

Stretch

A mobile warehouse robot for trailer unloading and case picking that handles packages up to 50 pounds, according to Boston Dynamics.

Atlas

A humanoid robot for industrial material handling; Boston Dynamics says it is starting with a select number of early adopters.

Orbit

Boston Dynamics lists Orbit on its homepage as its software platform for facility monitoring.

Funding and ownership history

DateEventAmountValuationSource
Jul 16, 2026Hyundai shareholders move to buy SoftBank's remaining stake (not closed)Not disclosedNot disclosedHyundai Motor Group statement
Jun 21, 2021Hyundai Motor Group buys 80% stake from SoftBankNot disclosed$1.1 billionBoston Dynamics press release

Valuations marked "press report" come from the named outlet, not from Boston Dynamics.

Where Boston Dynamics is deployed

All deployments · Only projects with a named customer and a public source are listed.

Boston Dynamics in the digest

Terms to know

Physical AI · AMR

Other robotics companies

Agility Robotics · FANUC · Figure AI · Formic · KUKA · Mujin · Physical Intelligence · Universal Robots · Yaskawa Electric

Sources

Checked October 1, 2026 · Written from Boston Dynamics's own site and announcements; valuations from named press reports · bostondynamics.com · Spotted an error? Tell us.

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