Boston Dynamics, a robotics company based in Waltham, Mass., is a privately-owned company. SoftBank Group is the sole owner of the company. In December 2020, Hyundai Motor Group announced a deal to acquire a controlling share in the company.  

Article continues below advertisement

Boston Dynamics hasnt announced any plans for an IPO soon. The new deal with Hyundai gives the company a valuation of $1.1 billion.  

boston

Source: Boston Dynamics Facebook

Article continues below advertisement

Platforms like SharesPost and EquityZen enable some individual investors to purchase pre-IPO stock shares in privately-held companies. Right now, one of these platforms is the only route for anyone interested in buying Boston Dynamics stock.  

Founded in 1992, Boston Dynamics develops mobile robots for a variety of applications. The companys primary focus is legged robots for greater utility in both the natural and the manufactured world, which are meant to have “advanced mobility, dexterity and intelligence.” 

Article continues below advertisement

According to EquityZen, Boston Dynamics started as a spinoff from the Massachusetts Institute of Technology. Co-founder Marc Raibert and his colleagues designed the first robots with animal-like maneuverability. Raibert is still the president of the company, while Mark McElwee is the senior robotics engineer.  

Boston Dynamics robots offer balance and stability

Boston Dynamics robots are known for extraordinary balance and stability. “These unique designs enable our robots to conquer terrains inaccessible to others, and perform automated tasks in unstructured environments.”  

Article continues below advertisement

Boston Dynamics main product is its industrial robot “Spot.” Spot weighs 65 pounds and is intended only for industrial and commercial use. The company says that its exploring the possibility of a consumer-facing version of Spot by around 2022.  

Spot is designed with what the company calls “athletic intelligence,” which means that it can climb stairs, walk, detour around obstacles in its way, and follow prescribed routes automatically and autonomously.  

Article continues below advertisement

“Pick” is Boston Dynamics’ other robotic product, which is designed for warehouse box detection. Another warehouse robot, “Handle,” is in development. The robot will be used for moving boxes within a warehouse setting and is slated for commercial purchase availability in 2022, according to the companys website.  

Boston Dynamics valuation

The acquisition deal with Hyundai in December 2020 placed a value of $1.1 billion on Boston Dynamics. In the near term, Hyundai intends to continue to focus on Spot, Handle, and Atlas.  

Article continues below advertisement

Boston Dynamics’ vice president of business development, Michael Patrick Perry, said that Hyundai’s vision for autonomous driving and unmanned aerial systems is exciting, which “fits very neatly into the connected vision of robotics,” according to IEEE Spectrum

boston

Source: Boston Dynamics Facebook

Article continues below advertisement

How to buy Boston Dynamics stock

To buy Boston Dynamics stock, you need access to a platform like EquityZen or SharesPost since the company isnt publicly traded. Investing in Boston Dynamics isnt as simple as buying shares through the NYSE or Nasdaq Exchange.

Boston Dynamics IPO plans

Currently, Boston Dynamics hasnt announced plans for an IPO of common stock. The company remains privately owned. In December, Hyundai Motor Group announced its agreement to acquire a controlling interest in the company from SoftBank. 

Contact us

Find us at the office

Trailor- Verkamp street no. 63, 81415 Zagreb, Croatia

Give us a ring

Dezha Manci
+38 695 645 231
Mon - Fri, 8:00-22:00

Reach out