China’s Ubtech Surges After Airbus Buys Walker S2 Humanoid Robots
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Shares of Ubtech Robotics surged 8.6% to HKD144.7 after Airbus purchased its Walker S2 humanoid robots for aerospace manufacturing. This agreement marks a significant expansion for Ubtech, which aims to explore further applications of humanoid robots in aircraft production. The company reported a total humanoid robot order value exceeding CNY1.4 billion last year and anticipates an annual production capacity of 10,000 units by 2026. Ubtech's Walker S2, launched in July, is designed for smart manufacturing and supports human-robot collaboration in complex factory environments.
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