Research/US robots brief美国机器人简报
What the US humanoid makers have actually shipped
美国人形机器人厂商实际交付了什么
Figure, Apptronik, 1X, Tesla, Agility, Boston Dynamics and the companies that sell robot brains, as of late September 2026: what exists, who is paying for it, what it costs, and what a buyer in Southeast Asia can get. Read on company pages and filings, with the gaps marked.
Figure、Apptronik、1X、特斯拉、Agility、波士顿动力以及出售机器人大脑的公司，截至 2026 年 9 月底：什么已经存在、谁在付钱、价格多少、东南亚买家能买到什么。资料读自公司页面和申报文件，缺口已标出。
中文版由我们自行翻译，表格、图表和来源保留英文。如有歧义，以英文版为准。
The American humanoid story is told in valuations. Figure at US$39 billion, Skild at more than US$14 billion, Apptronik near US$5 billion, a US$2.5 billion SPAC for Agility. The Chinese story is told in units: more than 5,500 Unitree humanoids and about 5,200 AgiBot units shipped in 2025, against roughly 150 each for Figure, Agility and Tesla. Both stories are true, and a buyer in Southeast Asia who has to choose a robot this year needs to hold both at once. This brief sets down what the US makers have built, who is paying for it, what it costs and what can be ordered, with the dates and the confidence of each claim.
We read the company pages and filings in the last week of September 2026. Where a number comes only from an analyst or a news report we say so and mark it reported; where it comes from a company page, a filing or a regulator we mark it verified. Claims with no public source carry unverified.
01The field on one screen
| Company | Robot today | Home | Raised, about | Last valuation | Status, late September 2026 |
|---|---|---|---|---|---|
| Figure AI | Figure 03 | San Jose | US$1.9 billion, plus an undisclosed Nscale stake in September 20262 | US$39 billion post-money, Series C, 16 September 20251 verified | More than 350 Figure 03 built by April 2026; working at BMW Spartanburg; Catalyst Brands agreement; a home push announced.3 |
| Apptronik | Apollo 2, Apollo 3 next | Austin | About US$1 billion; Series A above US$935 million | About US$5 billion, February 2026 reported, sources disagree between US$5 and 5.5 billion | Apollo 2 fleets collecting data at "Robot Parks"; pilots at Mercedes-Benz, GXO and Jabil. |
| 1X Technologies | NEO | Palo Alto, with Norwegian roots | About US$136 million confirmed | US$820 million, January 2024 verified; a reported US$10 billion round did not close | Hayward factory opened 30 April 2026; US$20,000 or US$499 a month; zero verified consumer deliveries by mid July 2026.8 |
| Tesla | Optimus V3, unrevealed | Austin, Fremont line | Internal | Not applicable | Several hundred built in 2025 against a 5,000 target; first-generation lines being installed at Fremont with production "later this year"; no external sales before 2027.9 |
| Agility Robotics | Digit 5, Digit 4 in the field | Salem, Oregon | More than US$390 million | US$2.5 billion pre-money in a SPAC with Churchill Capital XI, 24 June 202611 verified | Digit 5 unveiled 15 September 2026 for early access in the first half of 2027;12 fewer than 100 robots built a year today. |
| Boston Dynamics | Atlas, electric, plus Spot and Stretch | Waltham, Massachusetts | Owned by Hyundai | About US$3.4 billion implied when Hyundai bought SoftBank's last stake in June 2026 reported | 2026 Atlas output committed to Hyundai and Google DeepMind; a training centre opened at Hyundai's Georgia plant on 21 September 2026.15 |
| Dyna Robotics | Stationary two-arm stations | Redwood City | US$143.5 million | About US$100 million at seed, March 2025 reported | Din Tai Fung rolling its napkin-folding stations to all locations; "hundreds of robots" planned by the first half of 2027.17 |
| Physical Intelligence | No robot; the π models | San Francisco | About US$1.07 billion | US$5.6 billion, November 2025 reported | π0.7 released April 2026; no commercial product. |
| Skild AI | No robot; Skild Brain | Pittsburgh | About US$1.85 billion | More than US$14 billion, Series C, January 2026 reported | Sells a brain that "learns by watching human videos" for inspection, mobile manipulation and packing platforms.19 |
The pattern to notice: the two most valuable companies on the list, Figure and Skild, have the least public evidence of paying customers, and the two with the clearest paying customers, Agility and Dyna, are valued at a fraction of them. That gap is the market's bet on general-purpose autonomy, and it is the single biggest uncertainty in buying a US humanoid today.
02Shipped against promised
Every US maker publishes a factory capacity. None publishes an audited unit count. The best outside estimate, from the analyst firm Omdia as reported in January 2026, puts Figure, Agility and Tesla at about 150 humanoids each shipped in 2025, against more than 5,500 for Unitree, by its own prospectus, and about 5,200 for AgiBot.20 reported for the US figures, verified for Unitree. Global totals for 2025 disagree between about 13,000 and 18,000, and every source puts China's share near 90%.
Two forecasts frame 2026. Goldman Sachs raised its humanoid outlook in September 2026 to about 75,000 units shipped worldwide in 2026, 890,000 in 2030 and 6.5 million in 2035; Morgan Stanley puts China alone at about 50,000 in 2026. reported Against those, a US maker that ships 1,000 robots in 2026 would be doing well, and the Chinese makers' 2026 targets, 10,000 to 20,000 for Unitree and about 5,000 for UBTech, are already in the thousands.
03Who is paying
| Maker | Customer | What the robot does | Dates | Evidence |
|---|---|---|---|---|
| Figure | BMW Spartanburg, Figure 02 | Loaded sheet metal in the body shop on 10-hour shifts; supported more than 30,000 X3s and about 1,250 hours over about 11 months before the F.02 was retired in November 2025 | January 2024 to November 2025 | Figure news4 verified |
| Figure | BMW Spartanburg, Figure 03 | Logistics "sequencing" in Hall 52: picks parts from unsorted bins into trolleys for just-in-sequence delivery, and pulls a heavy caster cart with whole-body control | From June 2026 | BMW release 25 June 2026; Figure post 30 June 202656 verified |
| Figure | Catalyst Brands (JCPenney, Aéropostale, Brooks Brothers) | Commercial agreement starting at a Reno, Nevada distribution centre; unit count and price undisclosed | 26 May 2026 | Figure news7 verified |
| Apptronik | Mercedes-Benz; GXO; Jabil; Google DeepMind | Mercedes agreement March 2024 with plants in Berlin and Hungary and commercial volumes targeted for 2027; GXO hosts a Robot Park; Jabil is production partner and user for inspection, sorting, kitting and lineside delivery | 2024 to 2026 | Company announcements as read in our September dossier reported |
| Agility | GXO; Schaeffler; Toyota Motor Manufacturing Canada; Amazon | GXO ran the first formal humanoid robot-as-a-service contract at a Georgia facility, more than 100,000 totes; Toyota runs seven Digits unloading parts totes at its Woodstock, Ontario plant from February 2026; Amazon pilots and invests | 2024 to 2026 | Agility news; Toyota agreement dated 19 February 202613 verified as named, scale reported |
| Boston Dynamics | Hyundai Motor Group; Google DeepMind | All 2026 Atlas output goes to Hyundai's new Robotics Metaplant Application Center near Savannah, Georgia, where Atlas trains on logistics preparation and parts sequencing; Hyundai talks of 25,000 Atlas units across its plants "within the next few years" and a US factory for 30,000 robots a year | 21 September 2026 | Boston Dynamics release15 verified as plans |
| Boston Dynamics | Spot and Stretch customers | Spot: more than 2,000 units in more than 40 countries for inspection. Stretch: box unloading at about 500 parcels an hour in more than 20 facilities including DHL, Maersk, Gap and H&M | Ongoing | Boston Dynamics16 verified |
| 1X | EQT portfolio companies; consumer pre-orders | Up to 10,000 NEOs into EQT's 300-plus portfolio companies from 2026 to 2030; more than 10,000 consumer pre-orders in five days, with refundable deposits | December 2025; October 2025 | Company claims reported; deliveries unverified |
| Tesla | Tesla itself | "Over 1,000 units" claimed for Tesla's own facilities against "several hundred" built in 2025; first builds in 2026 go to an internal training academy, no customer named | Q1 and Q2 2026 | Tesla Q2 2026 update; Wikipedia summary of calls910 figures contested |
| Dyna | Din Tai Fung; Monster Laundry; unnamed hotels, gyms and logistics sites | Napkin folding at 95 an hour with a 93% quality pass across an 18-hour shift, rolling to all Din Tai Fung locations; laundry folding at 100 items an hour | 27 August 2026 | Dyna deployments post17 verified as company claims |
Dyna wrote in May 2026 that going from a sale to reliable operation took "weeks-to-months of on-site engineering", that most of the deployment work "didn't transfer cleanly to the next customer", and that its longest deployment was about ten months of daily use.18 verified No other US maker has published a sentence like it. It is also the best description we have read of what deployment work in Southeast Asia will look like.
04What it costs
| Robot | Price or rate | Basis |
|---|---|---|
| 1X NEO | US$20,000 to buy, or US$499 a month with a six-month minimum; US$200 refundable deposit | Company pricing8 verified; the warranty term and minimum reported |
| Agility Digit | Robot-as-a-service about US$8,500 a month plus a US$25,000 deployment fee; purchase about US$200,000 plus US$20,000 deployment and US$36,000 a year for software and maintenance | Trade press at the Digit 5 launch14 reported; consistent with the company's US$300 million order book over 1,000 robots and 36 months, about US$8,300 per robot-month estimate |
| Figure | Robot-as-a-service about US$1,000 a month, a 2025 analyst estimate; a US$600 a month home lease claimed in May 2026; no audited revenue | Analyst and press claims reported, lease unverified |
| Apptronik Apollo | No public price; a 2023 target of under US$50,000 at scale | Company statements reported |
| Boston Dynamics Atlas | Not for sale to outside customers before 2027; a figure "below about US$320,000" has circulated | unverified |
| Tesla Optimus | Target of US$20,000 to 30,000 at scale; no sales before 2027 | Executive statements reported |
| For comparison, Unitree G1 | ¥85,000 base in China, about US$13,500 abroad; the EDU version by quote | Company pricing verified |
| For comparison, UBTech Walker | Robot-as-a-service about US$5,000 a month against a purchase above about US$80,000 | Our September dossier reported |
The useful comparison for a buyer is the monthly number. A Digit at about US$8,500 a month and a Walker at about US$5,000 a month are both priced against a loaded warehouse worker in the United States; against a Singapore cleaner's wage floor of S$2,080 a month, or a Jakarta minimum wage of about S$450, neither pays back on labour alone. The US robots will enter this region first where the labour cost is already high and the site is policy-constrained, and second through the global accounts of their existing customers. estimate
05The robots side by side
| Robot | Height | Weight | Degrees of freedom | Payload | Battery and runtime | Charging |
|---|---|---|---|---|---|---|
| Figure 03 | 1.73 m | 61 kg | 44 or 60 depending on the source; hands 16 or 20 | 20 kg | 2.3 kWh, 5 hours | 2 kW wireless through the feet |
| Apptronik Apollo | 1.73 m | 72.6 kg | About 71 unverified | 25 kg | 4 hours a pack | Hot-swap packs, tether or opportunity charging |
| 1X NEO | 1.68 m | 30 kg | 75: 22 per hand, 7 per arm, neck, spine, legs | Lifts 70 kg, carries 25 kg, 8 kg per arm | 842 Wh, 4 hours | About 6 minutes per hour of runtime |
| Tesla Optimus Gen 2 | 1.73 m | 57 kg | About 28 body plus 22 per hand on Gen 3 | 20 kg | 2.3 kWh | Not public |
| Agility Digit 5 | 1.81 m | 129 kg | Not public; swappable grippers, no fingers | 22.7 kg repeated | 90 minutes | 9-minute autonomous dock, 10:1 run-to-charge |
| Boston Dynamics Atlas | 1.9 m | 90 kg | 56 | 30 kg sustained, 50 kg peak | 4 hours | Self battery swap under 3 minutes |
Figures as published by each maker, read in September 2026; 1X's page was read directly, the rest through the makers' releases and our dossier. verified for NEO, Digit 5 and Atlas, reported for the others. Two design splits matter for a buyer here: Digit's grippers and 9-minute charge are built for one job done all day, while Figure, NEO and Optimus carry five-finger hands and bet on general manipulation; and NEO's 30 kg, soft body is the only one of these designed to work around people in a home.
06The money behind it
- Robotics venture funding in 2026 passed every prior year by August. Crunchbase counted about US$15 billion for all of 2025 and about US$23 billion by early August 2026; humanoid start-ups alone took about US$8.6 billion in 2026 against US$3.7 billion in 2025. reported
- The brains are valued like the bodies. Skild AI above US$14 billion in January 2026 and Physical Intelligence at US$5.6 billion in November 2025, neither with a robot of its own. reported
- Agility is the first US humanoid maker to go public, by merger with Churchill Capital Corp XI at US$2.5 billion pre-money, announced 24 June 2026, with a confidential S-4 filed in July, a chief financial officer appointed in July, a public-company board named on 29 September and an investor day on 6 October 2026.1113 verified It reports more than US$300 million of multi-year orders and about US$100 million of 2025 cash burn, and no revenue figure. reported
- Unitree's listing reset the comparison. It priced at ¥150.80 on 19 August 2026 and closed its first day at ¥845, a rise of about 460%, on 2025 revenue of ¥1.708 billion and net profit of ¥278 million.20 verified for the price and the filing figures. By our arithmetic that is roughly US$51 billion, more than Figure's last private mark, for a company that ships. estimate
- 1X's big round did not happen. A US$10 billion raise discussed from September 2025 had not closed by July 2026, and a single report in August 2026 described SoftBank negotiating a majority stake at about US$6 billion. unverified
- Tesla has the largest stated capacity and the smallest disclosure. Its Q2 2026 update describes first-generation lines being installed at Fremont for production in 2026, with a Giga Texas line designed for ten million a year from 2027, and gives no unit number.9 verified as statements
07What a buyer in Southeast Asia can get today
Ordering a US-made robot from Singapore in October 2026 gives a short list. Spot and Stretch are products with distributors, service and more than 2,000 units in the field; a Singapore distributor already sells and services Spot. Digit is sold as a service in North America only. Apollo is in pilots with named customers and not on sale. Atlas is committed to Hyundai and Google DeepMind for all of 2026, with outside customers from 2027. NEO ships in the United States first, internationally from 2027 by the company's own account. Optimus is not for sale before 2027. verified from the sources above.
The humanoids will arrive here through their makers' existing customers before they arrive through distributors. Jabil builds in Penang, Hyundai assembles in West Java, Toyota and Mercedes-Benz assemble in Thailand, and Schaeffler runs plants in Vietnam and its regional base in Singapore. Those are the plants whose parent companies already run Apollo, Atlas and Digit elsewhere. We have found no announcement of a US humanoid at any of them, so this is our inference about where to look, and nothing more. estimate
For a site here that must avoid Chinese-made connected equipment, the practical US options this year are a quadruped or a box-unloading arm, with a humanoid pilot possible only through a parent company's programme. For every other site, the price gap is the fact that decides: a Chinese humanoid costs a fifth to a tenth of its US counterpart and ships in weeks. That is the market we work in, and this brief exists so that the US side of it is described with the same care as the Chinese side on our supply chain map.
Omdia's per-company shipment estimates, which we read through press summaries; Apptronik's valuation, which two outlets put at US$5 billion and US$5.5 billion; Figure's RaaS rate and home lease; the Atlas price; 1X's financing after the failed round; Tesla's unit counts, which its own statements contradict; and whether any US humanoid is in a Southeast Asian plant. We will update this page as each closes.
Sources
- Figure AI Series C announcement16 Sep 2025
- Figure and Nscale sign strategic partnership3 Sep 2026
- Figure AI, Wikipedia summary of company statementsread Sep 2026
- Figure AI news, including the 19 Nov 2025 post on the BMW Figure 02 programme
- BMW Group press release on Figure 03 at Spartanburg25 Jun 2026
- Figure 03 at BMW, Figure AI30 Jun 2026
- Figure signs agreement with Catalyst Brands26 May 2026
- NEO specifications and pricing, 1X Technologiesread 25 Sep 2026
- Tesla Q2 2026 update22 Jul 2026
- Optimus (robot), Wikipedia summary of Tesla statementsread Sep 2026
- Agility Robotics to go public through merger with Churchill Capital Corp XI24 Jun 2026
- Agility unveils Digit 515 Sep 2026
- Agility Robotics news, including the board, S-4 and investor day announcementsread 2 Oct 2026
- Agility Robotics unveils Digit 5, with pricing, The AI Insider15 Sep 2026
- Boston Dynamics opens the Robotics Metaplant Application Center21 Sep 2026
- Boston Dynamics news, Spot and Stretch deployment figuresread Sep 2026
- Scaling customer deployments, Dyna Robotics27 Aug 2026
- On the robotics bubble, Dyna Robotics20 May 2026
- Skild AIread 2 Oct 2026
- Unitree jumps on Shanghai debut, CNBC19 Aug 2026
美国人形机器人的故事是用估值讲的：Figure 390 亿美元，Skild 超过 140 亿美元，Apptronik 接近 50 亿美元，Agility 以 25 亿美元借壳上市。中国的故事是用台数讲的：2025 年宇树交付了超过 5,500 台人形机器人，智元约 5,200 台，而 Figure、Agility 和特斯拉各约 150 台。两个故事都是真的，今年必须选一台机器人的东南亚买家需要同时记住两者。这份简报写下美国厂商造了什么、谁在为之付钱、价格多少、什么可以订购，并附日期和每条说法的可信度。
我们在 2026 年 9 月最后一周读了各公司的页面和申报文件。仅来自分析师或新闻报道的数字标注reported；来自公司页面、申报文件或监管机构的标注verified；没有公开来源的说法标注unverified。
01整个领域一屏看完
| Company | Robot today | Home | Raised, about | Last valuation | Status, late September 2026 |
|---|---|---|---|---|---|
| Figure AI | Figure 03 | San Jose | US$1.9 billion, plus an undisclosed Nscale stake in September 20262 | US$39 billion post-money, Series C, 16 September 20251 verified | More than 350 Figure 03 built by April 2026; working at BMW Spartanburg; Catalyst Brands agreement; a home push announced.3 |
| Apptronik | Apollo 2, Apollo 3 next | Austin | About US$1 billion; Series A above US$935 million | About US$5 billion, February 2026 reported, sources disagree between US$5 and 5.5 billion | Apollo 2 fleets collecting data at "Robot Parks"; pilots at Mercedes-Benz, GXO and Jabil. |
| 1X Technologies | NEO | Palo Alto, with Norwegian roots | About US$136 million confirmed | US$820 million, January 2024 verified; a reported US$10 billion round did not close | Hayward factory opened 30 April 2026; US$20,000 or US$499 a month; zero verified consumer deliveries by mid July 2026.8 |
| Tesla | Optimus V3, unrevealed | Austin, Fremont line | Internal | Not applicable | Several hundred built in 2025 against a 5,000 target; first-generation lines being installed at Fremont with production "later this year"; no external sales before 2027.9 |
| Agility Robotics | Digit 5, Digit 4 in the field | Salem, Oregon | More than US$390 million | US$2.5 billion pre-money in a SPAC with Churchill Capital XI, 24 June 202611 verified | Digit 5 unveiled 15 September 2026 for early access in the first half of 2027;12 fewer than 100 robots built a year today. |
| Boston Dynamics | Atlas, electric, plus Spot and Stretch | Waltham, Massachusetts | Owned by Hyundai | About US$3.4 billion implied when Hyundai bought SoftBank's last stake in June 2026 reported | 2026 Atlas output committed to Hyundai and Google DeepMind; a training centre opened at Hyundai's Georgia plant on 21 September 2026.15 |
| Dyna Robotics | Stationary two-arm stations | Redwood City | US$143.5 million | About US$100 million at seed, March 2025 reported | Din Tai Fung rolling its napkin-folding stations to all locations; "hundreds of robots" planned by the first half of 2027.17 |
| Physical Intelligence | No robot; the π models | San Francisco | About US$1.07 billion | US$5.6 billion, November 2025 reported | π0.7 released April 2026; no commercial product. |
| Skild AI | No robot; Skild Brain | Pittsburgh | About US$1.85 billion | More than US$14 billion, Series C, January 2026 reported | Sells a brain that "learns by watching human videos" for inspection, mobile manipulation and packing platforms.19 |
值得注意的规律：名单上估值最高的两家公司，Figure 和 Skild，付费客户的公开证据最少；而付费客户最清楚的两家，Agility 和 Dyna，估值只是前者的零头。这个差距是市场对通用自主能力的押注，也是今天购买美国人形机器人最大的不确定性。
02交付与承诺
每家美国厂商都公布工厂产能，没有一家公布经审计的交付台数。最好的外部估计来自分析机构 Omdia，2026 年 1 月见诸报道：Figure、Agility 和特斯拉 2025 年各交付约 150 台人形机器人，而宇树按自己的招股书超过 5,500 台，智元约 5,200 台。20 美国数字为reported，宇树为verified。2025 年全球总量各方口径在 13,000 到 18,000 台之间，所有来源都把中国的份额放在 90% 左右。
两份预测框定了 2026 年。高盛在 2026 年 9 月上调了人形机器人展望：2026 年全球出货约 75,000 台，2030 年 89 万台，2035 年 650 万台；摩根士丹利认为仅中国 2026 年就约 50,000 台。reported 以此衡量，一家美国厂商 2026 年能交付 1,000 台就算不错，而中国厂商的 2026 年目标（宇树 10,000 到 20,000 台，优必选约 5,000 台）已经以千计。
03谁在付钱
| Maker | Customer | What the robot does | Dates | Evidence |
|---|---|---|---|---|
| Figure | BMW Spartanburg, Figure 02 | Loaded sheet metal in the body shop on 10-hour shifts; supported more than 30,000 X3s and about 1,250 hours over about 11 months before the F.02 was retired in November 2025 | January 2024 to November 2025 | Figure news4 verified |
| Figure | BMW Spartanburg, Figure 03 | Logistics "sequencing" in Hall 52: picks parts from unsorted bins into trolleys for just-in-sequence delivery, and pulls a heavy caster cart with whole-body control | From June 2026 | BMW release 25 June 2026; Figure post 30 June 202656 verified |
| Figure | Catalyst Brands (JCPenney, Aéropostale, Brooks Brothers) | Commercial agreement starting at a Reno, Nevada distribution centre; unit count and price undisclosed | 26 May 2026 | Figure news7 verified |
| Apptronik | Mercedes-Benz; GXO; Jabil; Google DeepMind | Mercedes agreement March 2024 with plants in Berlin and Hungary and commercial volumes targeted for 2027; GXO hosts a Robot Park; Jabil is production partner and user for inspection, sorting, kitting and lineside delivery | 2024 to 2026 | Company announcements as read in our September dossier reported |
| Agility | GXO; Schaeffler; Toyota Motor Manufacturing Canada; Amazon | GXO ran the first formal humanoid robot-as-a-service contract at a Georgia facility, more than 100,000 totes; Toyota runs seven Digits unloading parts totes at its Woodstock, Ontario plant from February 2026; Amazon pilots and invests | 2024 to 2026 | Agility news; Toyota agreement dated 19 February 202613 verified as named, scale reported |
| Boston Dynamics | Hyundai Motor Group; Google DeepMind | All 2026 Atlas output goes to Hyundai's new Robotics Metaplant Application Center near Savannah, Georgia, where Atlas trains on logistics preparation and parts sequencing; Hyundai talks of 25,000 Atlas units across its plants "within the next few years" and a US factory for 30,000 robots a year | 21 September 2026 | Boston Dynamics release15 verified as plans |
| Boston Dynamics | Spot and Stretch customers | Spot: more than 2,000 units in more than 40 countries for inspection. Stretch: box unloading at about 500 parcels an hour in more than 20 facilities including DHL, Maersk, Gap and H&M | Ongoing | Boston Dynamics16 verified |
| 1X | EQT portfolio companies; consumer pre-orders | Up to 10,000 NEOs into EQT's 300-plus portfolio companies from 2026 to 2030; more than 10,000 consumer pre-orders in five days, with refundable deposits | December 2025; October 2025 | Company claims reported; deliveries unverified |
| Tesla | Tesla itself | "Over 1,000 units" claimed for Tesla's own facilities against "several hundred" built in 2025; first builds in 2026 go to an internal training academy, no customer named | Q1 and Q2 2026 | Tesla Q2 2026 update; Wikipedia summary of calls910 figures contested |
| Dyna | Din Tai Fung; Monster Laundry; unnamed hotels, gyms and logistics sites | Napkin folding at 95 an hour with a 93% quality pass across an 18-hour shift, rolling to all Din Tai Fung locations; laundry folding at 100 items an hour | 27 August 2026 | Dyna deployments post17 verified as company claims |
Dyna 在 2026 年 5 月写道，从签单到稳定运行需要"数周到数月的现场工程"，大部分部署工作"无法干净地复制到下一个客户"，最长的一次部署约为十个月的日常使用。18 verified 没有其他美国厂商发表过这样的话。这也是我们读到过的、对东南亚部署工作最贴切的描述。
04价格
| Robot | Price or rate | Basis |
|---|---|---|
| 1X NEO | US$20,000 to buy, or US$499 a month with a six-month minimum; US$200 refundable deposit | Company pricing8 verified; the warranty term and minimum reported |
| Agility Digit | Robot-as-a-service about US$8,500 a month plus a US$25,000 deployment fee; purchase about US$200,000 plus US$20,000 deployment and US$36,000 a year for software and maintenance | Trade press at the Digit 5 launch14 reported; consistent with the company's US$300 million order book over 1,000 robots and 36 months, about US$8,300 per robot-month estimate |
| Figure | Robot-as-a-service about US$1,000 a month, a 2025 analyst estimate; a US$600 a month home lease claimed in May 2026; no audited revenue | Analyst and press claims reported, lease unverified |
| Apptronik Apollo | No public price; a 2023 target of under US$50,000 at scale | Company statements reported |
| Boston Dynamics Atlas | Not for sale to outside customers before 2027; a figure "below about US$320,000" has circulated | unverified |
| Tesla Optimus | Target of US$20,000 to 30,000 at scale; no sales before 2027 | Executive statements reported |
| For comparison, Unitree G1 | ¥85,000 base in China, about US$13,500 abroad; the EDU version by quote | Company pricing verified |
| For comparison, UBTech Walker | Robot-as-a-service about US$5,000 a month against a purchase above about US$80,000 | Our September dossier reported |
对买家有用的比较是月费。Digit 约 8,500 美元/月，Walker 约 5,000 美元/月，两者都是对标美国仓库工人的综合用工成本定价的；对照新加坡清洁工 2,080 新元的最低月薪，或雅加达约 450 新元的最低工资，两者都无法仅靠人工节省回本。美国机器人进入本地区，首先会出现在人工成本已经很高、且场地受政策限制的地方，其次是通过其现有客户的全球账户。estimate
05机器人参数对照
| Robot | Height | Weight | Degrees of freedom | Payload | Battery and runtime | Charging |
|---|---|---|---|---|---|---|
| Figure 03 | 1.73 m | 61 kg | 44 or 60 depending on the source; hands 16 or 20 | 20 kg | 2.3 kWh, 5 hours | 2 kW wireless through the feet |
| Apptronik Apollo | 1.73 m | 72.6 kg | About 71 unverified | 25 kg | 4 hours a pack | Hot-swap packs, tether or opportunity charging |
| 1X NEO | 1.68 m | 30 kg | 75: 22 per hand, 7 per arm, neck, spine, legs | Lifts 70 kg, carries 25 kg, 8 kg per arm | 842 Wh, 4 hours | About 6 minutes per hour of runtime |
| Tesla Optimus Gen 2 | 1.73 m | 57 kg | About 28 body plus 22 per hand on Gen 3 | 20 kg | 2.3 kWh | Not public |
| Agility Digit 5 | 1.81 m | 129 kg | Not public; swappable grippers, no fingers | 22.7 kg repeated | 90 minutes | 9-minute autonomous dock, 10:1 run-to-charge |
| Boston Dynamics Atlas | 1.9 m | 90 kg | 56 | 30 kg sustained, 50 kg peak | 4 hours | Self battery swap under 3 minutes |
参数为各厂商 2026 年 9 月公布的数字；1X 的页面为直接读取，其余通过厂商公告和我们的资料汇编。NEO、Digit 5 和 Atlas 为verified，其余为reported。两处设计分歧对本地买家要紧：Digit 的夹爪和 9 分钟充电是为全天做一件事而设计的，而 Figure、NEO 和 Optimus 配五指手，押注通用操作；NEO 30 公斤的软体是其中唯一为家庭环境中与人共处而设计的。
06背后的资金
- 2026 年的机器人风险投资到 8 月就超过了以往任何一年。Crunchbase 统计 2025 年全年约 150 亿美元，2026 年到 8 月初约 230 亿美元；仅人形机器人初创公司 2026 年就融资约 86 亿美元，2025 年为 37 亿美元。reported
- "大脑"公司的估值与"身体"公司相当。Skild AI 在 2026 年 1 月超过 140 亿美元，Physical Intelligence 在 2025 年 11 月为 56 亿美元，两家都没有自己的机器人。reported
- Agility 是第一家上市的美国人形机器人厂商，通过与 Churchill Capital Corp XI 合并，投前估值 25 亿美元，2026 年 6 月 24 日宣布，7 月秘密提交 S-4，7 月任命首席财务官，9 月 29 日公布上市公司董事会，10 月 6 日举行投资者日。1113 verified 公司报告超过 3 亿美元的多年期订单和 2025 年约 1 亿美元的现金消耗，未披露收入。reported
- 宇树上市重置了比较基准。2026 年 8 月 19 日发行价 150.80 元，首日收于 845 元，涨幅约 460%，对应 2025 年收入 17.08 亿元、净利润 2.78 亿元。20 价格和申报数字为verified。按我们的计算约合 510 亿美元，高于 Figure 最近一轮私募估值，而宇树是真正在交付的公司。estimate
- 1X 的大额融资没有发生。2025 年 9 月起讨论的 100 亿美元融资到 2026 年 7 月仍未完成，2026 年 8 月的一篇报道称软银正在谈判以约 60 亿美元估值取得多数股权。unverified
- 特斯拉的宣称产能最大，披露最少。其 2026 年第二季度报告称第一代产线正在弗里蒙特安装，计划 2026 年投产，得州超级工厂的产线按 2027 年起年产一千万台设计，但没有给出任何台数。9 作为公司表述为verified
07东南亚买家今天能买到什么
2026 年 10 月从新加坡订购一台美国造的机器人，可选的清单很短。Spot 和 Stretch 是有经销商、有服务、有超过 2,000 台在役的产品，新加坡已有经销商销售和维护 Spot。Digit 仅在北美以服务形式出租。Apollo 在与有名有姓的客户做试点，不对外销售。Atlas 2026 年全部产量已承诺给现代和谷歌 DeepMind，2027 年起才面向外部客户。NEO 按公司自己的说法先在美国交付，2027 年起才到国际市场。Optimus 2027 年前不销售。以上根据前述来源为verified。
人形机器人会先通过厂商的现有客户来到这里，然后才通过经销商。Jabil 在槟城有工厂，现代在西爪哇组装，丰田和梅赛德斯奔驰在泰国组装，舍弗勒在越南有工厂、在新加坡有区域总部。这些工厂的母公司已经在别处运行 Apollo、Atlas 和 Digit。我们没有找到任何关于美国人形机器人出现在这些工厂的公告，所以这只是我们关于该往哪里看的推断，仅此而已。estimate
对必须避免中国产联网设备的场地来说，今年可行的美国选项是四足机器人或拆箱机械臂，人形机器人试点只能通过母公司的项目。对其他所有场地，决定性的事实是价格差：一台中国人形机器人的价格是美国同类的五分之一到十分之一，几周内就能发货。这就是我们所在的市场，这份简报的意义在于，让市场的美国一侧得到与我们供应链地图中中国一侧同样细致的描述。
Omdia 的分公司出货估计（我们通过媒体摘要读到）；Apptronik 的估值（两家媒体分别给出 50 亿和 55 亿美元）；Figure 的租赁费率和家用租赁价格；Atlas 的价格；1X 融资失败后的资金状况；特斯拉自相矛盾的台数；以及是否有任何美国人形机器人已进入东南亚的工厂。每核实一项我们就更新本页。