Robotics firm 1X has announced a strategic partnership to supply up to 10,000 of its Neo humanoid robots to EQT’s diverse portfolio companies, focusing on manufacturing and logistics. This deal, spanning 2026 to 2030, highlights a shift for 1X, whose Neo robots were initially marketed for home use at $20,000 each. CEO Ask Helseth expressed optimism, stating this industrial application could broaden the appeal of humanoids despite existing privacy concerns and operational challenges.
Robotics firm 1X has announced a strategic partnership to supply up to 10,000 of its Neo humanoid robots to EQT’s diverse portfolio companies, focusing on manufacturing and logistics. This deal, spanning 2026 to 2030, highlights a shift for 1X, whose Neo robots were initially marketed for home use at $20,000 each. CEO Ask Helseth expressed optimism, stating this industrial application could broaden the appeal of humanoids despite existing privacy concerns and operational challenges.