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Hyundai Acquires Full Control of Boston Dynamics for $325M

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Hyundai Motor Group will acquire SoftBank's remaining 9.65% stake in Boston Dynamics for $325 million, completing the purchase on June 22 and making the robotics company a wholly owned subsidiary. This follows Hyundai's initial $880 million investment for 80% control in 2021, which valued Boston Dynamics at roughly $1.1 billion total.

The acquisition centers on deploying Atlas, Boston Dynamics' electric humanoid robot, at Hyundai's electric vehicle plant near Savannah, Georgia by 2028. At CES in January, Atlas demonstrated walking and remote operation capabilities, though the real significance lies in the deployment strategy: starting with parts sequencing before advancing to complex operations by 2030.

Boston Dynamics CEO Robert Playter has set demanding benchmarks: Atlas must learn new factory tasks within one to two days and achieve 99.9% reliability to prove viable on production floors. This reflects the challenge facing humanoid robots competing against established automation in controlled environments.

Hyundai gains more than just a robotics company—it secures vertical integration through Hyundai Mobis' actuator production and a controlled testing ground. Unlike competitors pursuing broad market appeal, Hyundai can focus on measurable outcomes: production uptime rather than demo spectacle. Success in Georgia could validate humanoid robotics as a manufacturing necessity.