Damon Technology and UBTech Sign Strategic Agreement to Jointly Map Out Embodied Logistics Commercial Blueprint

Damon Technology and UBTech signed a strategic cooperation agreement in Shanghai to jointly develop humanoid robots for scenarios including warehouse sorting, material handling, and production line collaboration, and plan to establish a joint venture. UBTech's Walker S2 industrial humanoid robot began mass production in 2025 and completed its first batch of large-scale deliveries; its full-size embodied intelligent humanoid robot business recorded 820 million yuan in sales revenue and 1,079 units sold for the full year 2025. The cooperation also covers core component development and embodied data collection coordination.