Faraday Future Intelligent Electric Inc. has completed the disposition of its robotics business and related assets to FF EAI Robotics Ecosystem Inc. (Nasdaq: FFR). The transaction, which closed on October 23, 2026, involved the transfer of business operations and assets to FFR, which issued and delivered common shares and non-voting convertible preferred shares to Smart Technology Holdings Ltd., a subsidiary of Faraday Future, as consideration.
Following the closing, FFR continues trading on Nasdaq as a pure-play company focused on humanoid and bionic Physical AI robotics. The company describes its ecosystem as built around a "Four-Core Full-Stack AI" framework. FFR has appointed new leadership, naming YT Jia as CEO and Jerry Wang as Executive Chairman. Chen Shi has been appointed Lead Independent Director, and Jason E. Dodier has joined as an independent director.
In its first investor day event, FFR announced the launch of FF OmniMind, a unified AI brain designed to power various robotic forms under the philosophy "One Brain, All Robots; Multi-Forms, Multi-Capabilities." The company also revealed strategic partnerships with KYA GROUP, California Science and Technology University, and Pinnacle.
FFR issued its first full-year 2026 guidance for the acquired robotics business, projecting sales and shipments of approximately 2,000 robots. The company expects to maintain positive unit gross margins on robot deliveries. Additionally, FFR provided a five-year business plan outlook, projecting 2027 revenue of approximately $45.2 million and cumulative revenue of approximately $1.98 billion over the next five years.
