Unitree Robotics will launch its initial public offering in Shanghai next week, the firm announced late on Thursday, as China’s robotics start-ups race to go public amid an intense rivalry with their counterparts in the United States. The Hangzhou-based company plans to sell 40.45 million shares, or 10 per cent of its enlarged share capital. After the listing, Unitree founder Wang Xingxing and related parties will hold 31.29 per cent of the company’s shares and 65.31 per cent of its voting...
US scientists have carried out keyhole surgery with a Chinese-made robot taking the place of the lead surgeon. The general-purpose humanoid robot made by Unitree Robotics was remotely controlled by two human surgeons as it successfully removed a pig’s gallbladder at the University of California San Diego (UCSD). Another robot also played a support role during the procedure, controlling the endoscope used to monitor the operation and retracting tissue. “Remotely operated and autonomous humanoid...