$325M for 9.65% implies a valuation of around $3.4 billion, so it's more like 18x.
Regardless, Boston Dynamics has been burning cash for 35 years and all they have to show for it are some fancy demos and trial deployments. Eventually you have to wonder what their future prospects are.
> Eventually you have to wonder what their future prospects are.
Boston Dynamics is a defense contractor, their future prospects are designing and manufacturing war machines, the same thing they’ve always done.
The dog robots are meant to carry stuff/support combat troops.
The humanoid robots are designed to rescue injured soldiers and possibly other risky tasks.
They may have plans to commercialize these robots, but I’m not sure where the consumer/commercial market for robotic dogs is. Jobs that need machines to carry heavy stuff already have solutions and have had them for a long time, and they’re safe to operate as long as you’re not in a combat zone. I guess it would be nice to have a robot dog portage my packs and canoe for me in the BWCA but I’m not spending new car money for that.
It is remarkable how rarely alternative movement styles like slug crawling, flying or rolling get used in the animal kingdom to move around compared to 2-8 legs. If a company can figure out how to do legs and manufacture them cheaply I expect there'd a be a lot of money in that; they must have some sort of practical advantage somewhere in warefare.
Although the tracked drones we see starting to appear in war are terrifying and I'd rather not be on the receiving end of them.
The future is unlimited however the Operating System for robotics, from the outside looking in seems to be the biggest stumbling block the company that can pull it off would be/become the ultimate vertical computer company on the planet. I don't think Hyundai (software) can pull it off.
Regardless, Boston Dynamics has been burning cash for 35 years and all they have to show for it are some fancy demos and trial deployments. Eventually you have to wonder what their future prospects are.