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Hyundai Motor owns Boston Dynamics, positioning Korean conglomerate as holder of decade-long humanoid robotics IP and factory automation capabilities
Marc Raibert· Boston Dynamics· Robotics· 2026-04-28· about Hyundai Motor / Boston Dynamics (HYMTF)
“the United States' strongest humanoid company is actually a Korean company... launched a modern car in 2021 with Google and SoftBank... The real asset of the modern car is not a car, but Boston Dynamics.”
Why it matters
Hyundai's ownership of Boston Dynamics represents control of proprietary humanoid robotics and factory automation technology developed over 30 years, giving the conglomerate strategic advantage in industrial robotics deployment.
Investment implication
Hyundai Motor's intrinsic value may be significantly underestimated by markets that view it primarily as an automotive OEM rather than a robotics and factory automation company with deployable products (Spot, Atlas, Stretch).