--- title: Faraday Future spins its robot business into a separate... description: Faraday Future has sold its robotics business to sister company FF EAI Robotics Ecosystem (FFR), a Nasdaq-listed firm, in an all-share deal valued at about... canonical: https://daily.dev/posts/faraday-future-spins-its-robot-business-into-a-separate-nasdaq-company-jcjgiqioa twitter:card: summary_large_image twitter:site: @dailydotdev og:type: website og:site_name: daily.dev og:title: Faraday Future spins its robot business into a separate Nasdaq company | daily.dev og:description: Faraday Future has sold its robotics business to sister company FF EAI Robotics Ecosystem (FFR), a Nasdaq-listed firm, in an all-share deal valued at about... og:url: https://daily.dev/posts/faraday-future-spins-its-robot-business-into-a-separate-nasdaq-company-jcjgiqioa og:image: https://api.daily.dev/og/posts/JcjGIqIoA.png og:image:alt: Faraday Future spins its robot business into a separate Nasdaq company og:image:width: 1200 og:image:height: 630 og:locale: en --- > ## Documentation Index > Fetch the complete documentation index at: https://daily.dev/llms.txt > Use this file to discover all available pages before exploring further. # Faraday Future spins its robot business into a separate Nasdaq company **[The Next Web](https://daily.dev/sources/tnw)** · 2 min read · 0 upvotes · 0 comments ## Summary Faraday Future has sold its robotics business to sister company FF EAI Robotics Ecosystem (FFR), a Nasdaq-listed firm, in an all-share deal valued at about $200M. The deal closed on October 23. Founder YT Jia becomes FFR's CEO while remaining Faraday Future CEO, and Faraday Future should end up owning about 65.7% of FFR, once its new shares are turned into ordinary stock, which needs a shareholder vote. FFR expects to ship more than 300 robots in October, a monthly record, and about 2,000 for the year. Faraday Future had shipped 68 robots by the end of April and said it relies on one outside manufacturer for most of them. Its own forecasts, which no auditor has checked, put the robotics unit's 2026 revenue at about $7.1M. ## Full article daily.dev links to this article rather than hosting it. Read it at the original source: ## Questions this post answers ### How many robots has Faraday Future shipped and what are its 2026 shipment targets? Faraday Future's robotics spinoff, FF EAI Robotics Ecosystem (FFR), had shipped 68 robots by the end of April and relies on one outside manufacturer for most of them. It expects to ship more than 300 robots in October, a monthly record, pushing its total past 1,100, and projects about 2,000 robots for the full year. Its unaudited forecast puts 2026 robotics revenue at about $7.1M. _Track how small-scale humanoid robotics ventures scale production by following robotics business news on daily.dev._ ### What is the structure of the Faraday Future and FF EAI Robotics Ecosystem (FFR) deal? Faraday Future sold its robotics business to sister company FFR, a Nasdaq-listed firm, in an all-share deal valued at about $200M when agreed, closing on October 23. FFR paid in shares rather than cash, and Faraday Future should end up owning about 65.7% of FFR once its new shares convert to ordinary stock pending a shareholder vote. Founder YT Jia leads both companies as CEO. _Developers tracking corporate spinoffs in robotics and AI can follow deal structures like this on daily.dev._ ## Similar posts on daily.dev - [Faraday Future raised $25 million for its robotics pivot. 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It expects to ship more than 300 robots in October, a monthly record, pushing its total past 1,100, and projects about 2,000 robots for the full year. Its unaudited forecast puts 2026 robotics revenue at about $7.1M. Track how small-scale humanoid robotics ventures scale production by following robotics business news on daily.dev."}},{"@type":"Question","name":"What is the structure of the Faraday Future and FF EAI Robotics Ecosystem (FFR) deal?","acceptedAnswer":{"@type":"Answer","text":"Faraday Future sold its robotics business to sister company FFR, a Nasdaq-listed firm, in an all-share deal valued at about $200M when agreed, closing on October 23. FFR paid in shares rather than cash, and Faraday Future should end up owning about 65.7% of FFR once its new shares convert to ordinary stock pending a shareholder vote. Founder YT Jia leads both companies as CEO. Developers tracking corporate spinoffs in robotics and AI can follow deal structures like this on daily.dev."}}]} ```