Blackstone Takes Stake In Futronic, Korea's Humanoid-Robot Actuator Maker
The private equity firm did not disclose price or stake in the 1993-founded company, framing motion control as a 'physical AI' enabler.
- Futronic makes high-precision actuators for automotive OEMs and industrial and humanoid robots.
- Founder Jin-ho Ko, who started Futronic in 1993, stays on as chairman and CEO.
- Blackstone Principal Kyungmin Song calls AI's fusion with the physical world a key theme.
Why it matters: An undisclosed price buys into a narrative before it buys into a number.
Blackstone Inc. press release (via WebWire republish) ↗ · Jul 21, 20267/21/26 · ✓ Checked✓ Check