Boston Dynamics began as a spin-off from the Massachusetts Institute of Technology, where National Academy of Engineering member Marc Raibert and his colleagues first developed robots that ran and maneuvered like animals. They founded Boston Dynamics in 1992, and their ground-breaking research continues to inspire much of the company's work.
Boston Dynamics said it has developed and deployed robots equipped with advanced mobility, dexterity, and intelligence, enabling automation in unstructured or hard-to-traverse spaces, from manufacturing plants and construction sites to distribution centers and warehouses.
In 2021, Hyundai Motor Group acquired a majority interest in Boston Dynamics and now holds 80% of the company, which operates as an independent business. SoftBank holds the remaining 20% through a subsidiary.
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