Another robotics company, XYZ Embodied AI has joined has joined Beijing E-Town, moving into the Beijing Robotics Industry Park (E-Town).

Recently, Beijing E-Town Robot Technology Industry Development Co., Ltd. and XYZ Embodied AI signed a strategic cooperation agreement.

According to the agreement, both sides will leverage their respective advantages in areas such as technology development, government platforms, and market channels. They will engage in deep cooperation across various aspects, including building an industrial ecosystem, exploring market value, creating benchmark scenarios, and developing innovative models. Together, they aim to advance the large-scale implementation of robotics technology in consumer, industrial, and service sectors.

Notably, XYZ Embodied AI will collaborate with Beijing E-Town to fulfill orders worth no less than 500 million yuan ($70.21 million) within three years. The two parties will also engage in deep cooperation in areas such as robot 4S stores and developer communities, jointly exploring innovative business models and application scenarios to promote the widespread application of embodied intelligent technology.