Funding · Jul 27, 2026
Standard Robots files for Hong Kong IPO for the third time, aiming to be the first listed industrial embodied-AI robotics firm
A third Hong Kong IPO attempt puts Standard Robots in line to be the first listed industrial embodied-AI robotics company. The July 27 filing shows $15.3M (RMB107M) of revenue in the first four months of 2026, up 139% year over year, with overseas sales contributing 67.9%. Net loss for those four months was $8.8M (RMB61.84M), after cumulative losses above $43M (RMB300M) for 2023–2025. Sales of its LINK single-arm and DARWIN dual-arm wheeled embodied robots reached $4.1M (RMB28.74M) in 2025, or 9.5% of revenue, while annual R&D doubled to $11M (RMB76.73M).
Original sources (Chinese)
销量增长、收入缩水：斯坦德机器人的“第二曲线”，怎么越卖越亏？