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Boston Dynamics

Private

Founded in 1992 as a spin off from MIT by Marc Raibert, Boston Dynamics pioneered dynamic legged robots. Now owned by Hyundai Motor Group, the company sells Spot ($74,500) and Stretch commercially, and retired its hydraulic Atlas in April 2024 in favor of an all electric version.

Founded 1992$1.70B raised

Humanoid Robots

1 Humanoid Robot

Introduction

Boston Dynamics is an American robotics company founded in 1992 by Marc Raibert as a spin-off from MIT. Known for creating some of the world's most dynamic robots, including Atlas, Spot, and Stretch, the company is now owned by Hyundai Motor Group and is commercializing robots for industrial applications.

Technology

Platform maturity, autonomy stack, and flagship-system specifications in one view.

Platform

Technology Snapshot

A concise view of platform maturity and deployment footprint.

Hardware GenerationGen 4
Flagship PlatformAtlas
Deployments3,000
Autonomy

AI Stack

Capabilities and model layers highlighted by the company.

  • ROS2
  • PyTorch
  • NVIDIA Isaac
Performance

Atlas Specs

Published operating specifications for the lead system.

Battery Life1 hours
Payload Capacity11 kg
Speed5.4 km/h
Degrees of Freedom28
Compliance

Certifications

Standards and certifications currently associated with the platform.

  • CE
  • ISO 9001

Investors

Valuation History

Follow Boston Dynamics's valuation growth through its funding rounds.

Funding Rounds

2017-06-09SoftBank Acquisition$100M
2020-12-11Hyundai Acquisition$1.10B
2022-06-01Internal Valuation$2.00B
2024-01-01Internal Valuation$3.50B
2025-01-01Current Estimate$5.00B

Company Story

Boston Dynamics is an American robotics company founded in 1992 by Marc Raibert as a spin-off from MIT. Known for creating some of the world's most dynamic robots, including Atlas, Spot, and Stretch, the company is now owned by Hyundai Motor Group and is commercializing robots for industrial applications.

  1. 1980 - 1992

    Marc Raibert spins Boston Dynamics out of academic research

    Boston Dynamics was founded by Marc Raibert, who spun the company off from the Massachusetts Institute of Technology in 1992. Raibert had previously founded the Leg Laboratory at Carnegie Mellon University in 1980, pioneering research in dynamic legged locomotion that would define the company's DNA for decades.

    MITLegged locomotion
  2. 2005

    DARPA-era robots define the company brand

    The company initially focused on research contracts, developing iconic robots including BigDog (2005) for DARPA, a quadruped capable of traversing rough terrain while carrying heavy loads. This led to a series of increasingly capable robots that captivated the world through viral demonstration videos.

    BigDogDARPA
  3. December 2013 - June 2021

    Ownership passes from Google to SoftBank to Hyundai

    Boston Dynamics was acquired by Google in December 2013, then sold to SoftBank Group in June 2017. In December 2020, Hyundai Motor Group acquired an 80% stake for approximately $880 million, completing the deal in June 2021. Despite three ownership changes, the company maintained its engineering culture and research ambitions.

    GoogleSoftBankHyundai
  4. June 2020 - February 2026

    Spot, Stretch and electric Atlas mark the commercial era

    The company launched its first commercial robot, Spot, in June 2020, with hundreds now operating across power utilities, construction, manufacturing, oil and gas, and mining. Stretch, a logistics robot, followed for warehouse applications. In 2024, Boston Dynamics retired the hydraulic Atlas and unveiled a fully electric version designed for commercial deployment, marking its transition from research to industrial humanoid robotics. In February 2026, longtime CEO Robert Playter retired after being with the company since 1994.

    SpotStretchAtlas