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Foundation Future Industries (Foundation Robotics Labs) Stock

Private Company · Price from Hiive
$35.12 0.00 (0.00%)
As of Sep 6, 2026
-9.37%
Valuation$1.32B1
Valuation DateAug 19, 2025
Implied Valuationn/a
Last Price$35.12
52-Week High$40.93
52-Week Low$35.12
YTD Return-9.76%
1-Year Returnn/a
3-Year Returnn/a
Total Funding$198M2
Latest Round Amount$187M1
Latest RoundSeries A
Funding Rounds2
IPO StatusUnknown
Expected IPO Daten/a
Revenuen/a
Revenue Typen/a
P/S Ration/a

About Foundation Future Industries

Foundation Future Industries is a robotics company that builds Phantom, a general-purpose humanoid robot aimed at heavy industry and defense rather than household chores. Phantom stands about six feet tall, carries close to 90 pounds and runs on proprietary cycloidal actuators and an in-house AI stack called Cortex, which predicts the physics of a task instead of copying demonstrations. Foundation makes money by leasing industrial robots to manufacturers for roughly $100,000 per robot per year and by selling defense versions to the US government for about $300,000 each, on top of $24 million in military research contracts. The company says Phantoms worked 24 hours a day, five days a week on automotive production lines in 2025, and it sent two units to Ukraine in early 2026 in what it calls the first deployment of humanoid robots in an active combat zone.

Founded 2024
Country United States
CEO Sankaet Pathak
Founders Sankaet Pathak, Arjun Sethi, Mike LeBlanc
Headquarters San Francisco, CA

Invest in Foundation Future Industries

Foundation Future Industries is a private company, so you can't purchase it with a regular brokerage account. However, its shares are available on Hiive.

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News

Humanoid robots could eventually help monitor southern border, Foundation CEO says

Foundation CEO Sankaet Pathak told Fox News the company has demonstrated its Phantom humanoid to DHS officials and is in talks with national security agencies about border surveillance and reconnaissa...

19 days ago - Fox News

Robot soldiers are being built in America to fight tomorrow's wars – and the alarm is growing

A profile of Foundation Future Industries in which CEO Sankaet Pathak defends building humanoid robots for defense and says the company would arm Phantom if the US military asked. The company also say...

4 weeks ago - The Independent

AMD teams up with Eric Trump-backed Foundation to build humanoid robots

Foundation will build its next-generation Phantom MK-2 around AMD Ryzen AI Embedded X100 processors instead of Nvidia silicon. The company put its contracted annual recurring revenue at $100 million a...

6 weeks ago - The Next Web

Foundation Future Industries Partners with AMD to Power Phantom MK-2 Humanoid Robots

Foundation Future Industries will integrate AMD Ryzen AI Embedded X100 processors and FPGAs into its Phantom MK-2 humanoid robots for perception, reasoning, and tactile hand control.

6 weeks ago - Forbes

Foundation tests humanoid robots in Ukraine for logistics and reconnaissance

Foundation Future Industries tested two Phantom MK-1 humanoid robots in Ukraine for logistics and reconnaissance, marking an early evaluation of humanoid platforms for military support roles.

7 weeks ago - The Defense News

A Humanoid Company Backed by Eric Trump Is Preparing Its Robots for War

Pathak tells WIRED the company plans to give its humanoids lethal capabilities soon, describing "kinetic things we're exploring" that it expects to unveil within months. The article also reports that ...

7 weeks ago - WIRED

When could humanoid robots go to war? Sooner than you think, says firm testing them in Ukraine

Pathak says weaponisation testing could begin as early as 2027 after the Ukrainian pilots. The article details Phantom 2 upgrades including waterproofing, a payload rise to about 80 kilograms and fall...

7 weeks ago - Euronews

Could humanoid robots be heading for the battlefield?

The BBC examines Foundation's plan for what Pathak calls frontline weaponisation, alongside support roles such as supply pickup, reconnaissance and casualty recovery. Critics question whether lethal d...

3 months ago - BBC News

Robot soldiers are being built in America to fight tomorrow's wars – and the alarm is growing

Foundation Future Industries is developing humanoid robots for factory work and defense applications, with an estimated $24M in U.S. military testing contracts across multiple service branches.

3 months ago - The Independent

Trump-linked robotics startup tests humanoids in Ukraine, targets U.S. military use

CNBC reports that Foundation sent two Phantom MK-1 units to Ukraine for a pilot demonstration and holds $24 million in Army, Navy and Air Force research contracts. Pathak aims to reach US military fro...

3 months ago - CNBC

Foundation Future Industries Wins $24 Million Pentagon Contract for Phantom Humanoid Robot

The Pentagon awarded Foundation Future Industries a $24M contract to test its Phantom humanoid for breach operations and ground-based autonomous systems, with a Phantom 2 successor in development.

3 months ago - RobotsBeat

A startup with a bankrupt fintech CEO and a president's son wants to build America's robot army

An assessment of Foundation's $24 million in Pentagon research contracts, including an SBIR Phase 3 designation and awards inherited through the Boardwalk acquisition. The piece contrasts the company'...

4 months ago - The Next Web

'Most Corrupt First Family Of All Time': Lawmakers Torch Eric Trump Over Pentagon Deal

Democratic lawmakers criticised the Pentagon's $24 million award to Foundation after Eric Trump promoted the contract on Fox Business. Senator Elizabeth Warren called the arrangement "corruption in pl...

4 months ago - HuffPost

San Francisco startup pitches Trump admin on arming robots for U.S. military

NBC Bay Area's investigative unit toured Foundation's San Francisco headquarters ahead of the Ukraine deployment. At the time the company had built 15 robots in total and said it could produce one Pha...

6 months ago - NBC Bay Area

Foundation Future Industries Tests Humanoid Robots in Ukraine

Foundation Future Industries deployed two Phantom MK-1 humanoid robots in Ukraine in February 2026 for frontline logistics and reconnaissance testing.

6 months ago - Gadget Review

Foundation Future Seeks $3 Billion Valuation as Ex-Synapse CEO Tries Robotics Comeback

Newcomer reported that Foundation was seeking as much as $500 million in a new round at a valuation above $3 billion, citing two people with knowledge of the talks. The round has not been announced as...

7 months ago - Newcomer

Ex-Synapse CEO reportedly trying to raise $100M for his new humanoid robotics venture

TechCrunch covered an Information report that Pathak was raising $100 million at a $1 billion valuation for Foundation. At the time the company had disclosed only an $11 million round led by Tribe Cap...

1 year ago - TechCrunch

Foundation Future Industries Raises $11M Seed Round

Foundation Future Industries, founded by former Synapse CEO Sankaet Pathak, raised an $11 million pre-seed round led by Tribe Capital to develop humanoid robots for industrial and defense use.

2 years ago - TechCrunch

Robotics startup cofounded by Synapse CEO raises funds with exaggerated GM claims

CNBC reported that Foundation's investor pitch claimed General Motors had committed to invest and placed a $300 million order, claims GM said were fabricated. Co-founder Mike LeBlanc confirmed the den...

2 years ago - CNBC