UBTech to Acquire Controlling Stake in Zhejiang Fenglong Electric for $228.1M as Industrial Humanoid Robot Orders Near $191.8M
UBTech Robotics is acquiring a controlling stake in manufacturer Zhejiang Fenglong Electric for $228.1M to accelerate its humanoid robot industrialization. The move follows UBTech securing nearly $191.8M in industrial orders for its Walker S2 model, which has begun mass delivery.
12/25/20252 min read