Unitree Robotics宇树科技

About

Global leader in both quadruped and humanoid robots. Founded in 2016 by Wang Xingxing (王兴兴), who built the world's first external-rotor brushless motor small quadruped (XDog) during his master's at Shanghai University. Unitree was the first company worldwide to achieve commercial sales and industry deployment of high-performance electric-drive quadruped robots. Known for extreme cost optimization through full-stack self-research (motors, reducers, dexterous hands, LiDAR, sensors all developed in-house). Revenue grew from ¥121M (2022) to ¥1.17B (Jan-Sep 2025), with net profit of ¥431M — one of very few profitable robot companies globally. Humanoid shipments reached 5,500+ units in 2025 (global #1). Quadruped cumulative sales exceed 30,000 units. Filed for IPO on Shanghai STAR Market in March 2026. Core AI models include UnifoLM-WMA-0 (world model), UnifoLM-VLA-0 (VLA model), and UnifoLM-X1-0 (industrial deployment). Holds 262 patents (169 domestic, 93 overseas). R&D team of 175 people (36.5% of 480 total employees). Products performed at CCTV Spring Festival Gala in 2021, 2025, and 2026.

Hangzhou, Zhejiang · Founded 2016 · Company website

Why on the watch list

Most prominent China humanoid maker outside UBTECH. Pending IPO (reported 002178.SH target). Inclusion on listing.

Key Physical AI activities

• H2 · Full-size humanoid · 2025182cm, 70kg, 31 DoF. Full-size general-purpose humanoid with near-human proportions. Performed kung fu at 2026 Spring Festival Gala. Released Oct 2025.
• H1 · Full-size humanoid · 2023180cm, 47kg, max speed 5m/s. First Chinese full-size running humanoid. World's first humanoid backflip (Mar 2024). Ran 1500m in 6:34. Won multiple World Robot Games golds.
• G1 · Mid-size humanoid · 2024132cm, 35kg, 6 DoF/leg, 5-7 DoF/arm, 6-20 DoF dexterous hands. World's best-selling humanoid 2024-2025. Starting ~99K RMB ($16K). EDU version supports 2nd development.
• G1-D · Wheeled humanoid · 2025168cm, 50kg, 17 DoF total, wheeled base for factory deployment. Supports mainstream open-source robot model frameworks.
• R1 · Small humanoid · 2025123cm, 25kg. Lightweight consumer/developer humanoid at 39.9K RMB. Can run, box, handstand, tumble. Named TIME Best Invention 2025.
• B2 / B2-W · Industrial quadruped · 2023B2: 60kg, 40kg payload, IP68, 5hr battery. B2-W: wheeled variant, 85kg, 25km range with 40kg load. Used in power/petrochemical/fire inspection.
• A2 · Industrial quadruped · 202537kg, 25kg payload, 5m/s max speed, 1m obstacle climb, IP67, 5hr battery, hot-swap dual battery. For logistics, inspection, rescue.
• Go2 / Go2-w · Consumer quadruped · 202315-18kg, voice interaction, obstacle avoidance. Go2 from 9,997 RMB — first sub-10K RMB quadruped. Sold via JD, Tmall, Amazon, Shopify.
• Dex5-1 · Dexterous hand · 2024Five-finger hand, 20 DoF, 94 tactile sensors per hand, 1kg weight, +/-1mm fingertip precision, 4.5kg max payload.
• Dex3-1 · Dexterous hand · 2024Three-finger hand, 7 DoF, 33 tactile sensors per hand, 710g. +/-2mm precision.
• L1 / L2 · LiDAR sensor · 2023Omnidirectional wide-angle bionic LiDAR. L2: 128K points/sec, 360x96 deg FoV, 4.5mm resolution. Open-source SLAM.
• Z1 · Robotic arm · 20216-axis collaborative arm, 4.5kg weight, 3kg payload, 740mm reach. Mounts on mobile robots.
• UnifoLM Models · AI/Software · 2025UnifoLM-WMA-0 (world model), UnifoLM-VLA-0 (VLA model) — both open-sourced. UnifoLM-X1-0 industrial model deployed in own factory for motor assembly.
• R1 humanoid robot · humanoid
• R1 · humanoid
• As2-W · wheeled-legged robot

Key partnerships

• Nvidia — Nvidia and Unitree (Chinese: 宇树科技) launch a humanoid robot reference design at GTC Taipei.
• Nvidia — Nvidia partners with Unitree (Chinese: 宇树科技) on a reference humanoid robot design at Computex 2026.
• Nvidia — Unitree (Chinese: 宇树科技) partners with Nvidia and invests 2 billion RMB in R&D to close its AI software gap.

Key investors

• Meituan (美团)
• HGC Capital (红杉中国, fka Sequoia China)
• Matrix Partners China (经纬创投)
• Shunwei Capital (顺为资本)
• CITIC PE (中信金石)
• Tencent
• China Mobile
• Photosynthesis Ventures (光合创投)
• Shenzhen Capital Group (深创投)
• Vertex Ventures (祥峰投资)

Milestones

• 2016-08—Company founded in Hangzhou by Wang Xingxing
• 2017—First commercial product Laikago quadruped robot shipped
• 2020—A1 quadruped — first to bring price to consumer level
• 2021—Go1 launched at 16K RMB; appeared at CCTV Spring Festival Gala
• 2022—B1 industrial quadruped deployed in power/chemical inspection
• 2023—Go2 at 9,997 RMB — first sub-10K quadruped; appeared at US Super Bowl and Asian Games
• 2023-08—H1 released — first Chinese full-size running humanoid robot
• 2024-03—H1 performs world's first full-size humanoid backflip
• 2024-05—G1 released at ~99K RMB — global price floor for humanoids; became world's best-selling humanoid
• 2024-12—Annual revenue 387M RMB; cumulative quadruped sales >20K units
• 2025-01—16 H1 robots performed at 2025 CCTV Spring Festival Gala (all-AI driven collective dance)
• 2025-03—Unitree opened official store on Alibaba AliExpress and launched multiple products
• 2025-07—R1 released at 39.9K RMB — named TIME Best Invention 2025
• 2025-08—Won 11 medals (most golds) at inaugural World Humanoid Robot Games
• 2025-09—Revenue 1.17B RMB (9 months), net profit 431M RMB; 480 employees

Competitive position

IPO PROSPECTUS DATA (March 2026): Revenue — ¥121M (2022), ¥157M (2023), ¥387M (2024), ¥1.17B (Jan-Sep 2025). Net profit (post-deductions): ¥431M (Jan-Sep 2025). R&D spend: ¥30M (2022), ¥50M (2023), ¥70M (2024), ¥90M (Jan-Sep 2025). Employees: 480 (175 R&D). Patents: 262 (20 invention, 76 utility, 73 design). Humanoid sales: 5 (2023), 410 (2024), 3,551 (Jan-Sep 2025), 5,500+ (full 2025) — global #1. Quadruped sales: 2,403 (2022), 3,121 (2023), 7,136 (2024), 17,946 (Jan-Sep 2025). Avg humanoid price: ¥593K (2023) → ¥261K (2024) → ¥168K (Jan-Sep 2025). Sales channels: 86.5% offline (50% direct, 36% dealers), 13.5% online (Amazon, Shopify, Tmall, JD). Key enterprise clients include State Grid, Sinopec, PetroChina, Baowu Steel. G1 was the world's best-selling humanoid robot in 2024-2025. R1 named TIME's Best Invention of 2025. Won 11 medals (most golds) at inaugural World Humanoid Robot Games (Aug 2025). First humanoid to complete backflip (H1, Mar 2024) and side flip (G1, Mar 2025). H1 ran 1500m in 6:34. UnifoLM-X1-0 industrial AI model deployed in own factory for motor assembly tasks. Core tech team: Wang Xingxing (CTO, 130+ patents), Yang Zhiyu (mechanical, 30+ patents), Zhang Yangguang (algorithms, 10+ patents). Added to US DoD 1260H list. IPO via CITIC Securities on Shanghai STAR Market.

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