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FFR acquires Faraday Future robotics assets, aims to become the first humanoid robotics stock on US markets
OFweek Robotics
FFR has signed a definitive agreement with Faraday Future (FFAI) to acquire FFAI's robotics assets and business at an estimated valuation of about $200 million, with closing expected before the end of this month; after closing, FFAI will hold approximately 65.7%. FFR simultaneously completed a first-round PIPE financing of no more than $10 million. As of the end of September, cumulative shipments of FFAI's robotics hardware reached 817 units while maintaining positive-margin deliveries, and management forecasts cumulative revenue of about $1.98 billion from 2026 to 2030.
Part of the event: FFR Completes Acquisition of FFAI Robotics Business and Lists on Nasdaq
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