Dobot Robotics
Dobot made desktop robot arms accessible to schools and makers worldwide, then grew into a full cobot company and one of the few robot makers listed on the Hong Kong Stock Exchange (02432.HK).
Company Overview
- Dobot gained global fame with the Magician desktop arm, a low-cost 4-axis arm used in education, research and light hobby projects worldwide.
- It expanded into professional CR-series collaborative arms for industrial and lab use, and listed on the Hong Kong Stock Exchange in 2023.
- Dobot's strength is in democratizing robotics — making arms cheap enough for classrooms and small businesses.
Key Facts
| Full Name | Dobot Robotics Co., Ltd. |
|---|---|
| Chinese Name | 深圳市越疆科技股份有限公司 |
| Founded | 2015 |
| Headquarters | Shenzhen, China |
| Stock Code | 02432.HK (Hong Kong) |
| Core Products | Dobot Magician, Dobot CR cobots |
| Status | HKEX-listed cobot maker |
Data Snapshot
| Founded | 2015, Shenzhen |
|---|---|
| Stock | 02432.HK (listed 2023) |
| 2025 Revenue | RMB 492M (+31.7%); cumulative 100K+ collaborative arms shipped — world No.1 |
| 2026 H1 | Revenue RMB 316M (+106.6%); gross margin 47.4%; net loss RMB 108M |
| Embodied AI | Revenue RMB 45.2M (+2,052% YoY; 14.3% of revenue); 231 clients |
| Platform | "One brain, many bodies" — DobotWAM embodied model + full-body force control |
| End Markets | 15 industries incl. automotive & 3C; 80+ Fortune 500 clients |
Products & Specs
| Product | Type | Status |
|---|---|---|
| MG400 / CR series | Desktop & industrial collaborative arms | Volume sellers; global No.1 in cumulative shipments |
| Dobot Atom etc. | Humanoid / embodied robots | Commercial ramp since 2025-2026 |
| DobotWAM | Embodied foundation model | Self-developed; drives multi-form robots |
Key Customers
- Industrial manufacturing — ~100 embodied-AI clients in the segment
- Scientific research & education — humanoid deployments
- Commercial service — expanding scenario base
- 80+ Fortune 500 companies across 15 industries
Recent Milestones
- 2015 — Founded in Shenzhen
- 2023 — Listed in Hong Kong (02432.HK)
- 2025 — Cumulative 100K+ arms shipped; world No.1 in collaborative arms
- 2026 H1 — Embodied-AI revenue up 20x; 231 clients
- Aug 2026 — H1 revenue +106.6%; "All-in embodied AI" paying off
Actuators & Sensors
- Cost-optimized joint modules for desktop and light-industrial loads.
- 4-axis (Magician) and 6-axis (CR) families.
- Vision kits and gripper ecosystem for education and automation.
Supply-Chain Analysis
- Dobot leverages Shenzhen's component ecosystem for motors and controllers at aggressive cost.
- Its global education distribution is a key sales channel.
- The HKEX listing gives it access to international capital for cobot and future humanoid R&D.
Competitor Comparison
Versus AUBO and JAKA: Dobot leads in education/desktop segment and is publicly listed, while AUBO/JAKA are stronger in industrial deployments. Its low-cost arms face competition from 3D-printed hobby arms but win on ecosystem.
Frequently Asked Questions
What does Dobot Robotics do?
Dobot Robotics (越疆科技) is a Chinese maker of collaborative robots. Its focus is Dobot Magician, Dobot CR cobots, serving manufacturing and education customers that need safe, easy-to-deploy 6-axis arms.
How does Dobot Robotics compare with Universal Robots or Doosan?
Chinese cobot makers such as Dobot Robotics compete with Universal Robots and Doosan on price, local support and fast iteration. Dobot Robotics's edge comes from Dobot Magician, Dobot CR cobots, at a cost structure global brands often cannot match.
Where is Dobot Robotics based?
Dobot Robotics (越疆科技) is headquartered in Shenzhen, China, China.