Company overview
Figure develops humanoid robots designed to automate labor-intensive tasks in complex environments like warehouses and factories. The humanoids currently perform standard tasks such as box moving, pick-and-place, and pallet unloading and loading. Figure 02, the latest iteration, is equipped with a six-camera computer vision system for precision task execution. It also features human-like hands with four fingers and an opposable thumb, each powered by an integrated unit containing sensors and a motor for advanced dexterity in handling tasks. In collaboration with OpenAI, Figure 02 is capable of live, interactive speech-to-speech communication. The robot can carry up to 25 pounds in each hand and operate for up to 10 hours.
While its humanoids are estimated to cost upwards of $150,000 per unit, Figure also offers Figure 02 as part of a robotics-as-a-service (RaaS) model. Subscriptions include the robots, training, hardware and software upgrades, maintenance and repairs, and more. As individual robots encounter new challenges and refine their abilities in real-world scenarios, their learnings are shared across the entire fleet, creating a system of continuous collective improvement. This feedback loop amplifies the value of the hardware-plus-software ecosystem, benefitting both customers and the company.
Customers and target markets
- BMW (pilot)
Company metrics
- Headquarters:
- Sunnyvale, California
- Company size:
- 51-200
- Founded:
- 2022
- Industries:
