Mobileye will acquire Mentee Robotics, a developer of humanoid robots, in a transaction valued at $900 million, subject to adjustments. The acquisition is intended to combine Mobileye’s autonomous driving technology and production scale with Mentee’s humanoid robotics platform and engineering team, extending Mobileye’s activities beyond vehicle autonomy into broader physical artificial intelligence systems.
Under the terms of the agreement, the consideration consists of approximately $612 million in cash and up to about 26.2 million shares of Mobileye Class A common stock, with final amounts subject to customary adjustments, including the vesting of Mentee employee options prior to closing. The transaction is subject to regulatory approvals and other customary closing conditions and is expected to close in the first quarter of 2026.
Mobileye stated that the acquisition aligns with its efforts to apply its autonomy stack to systems designed to operate in complex physical environments, including humanoid robots. The company reported an automotive revenue pipeline of $24.5 billion over the next eight years, based on projected production volumes from existing and prospective original equipment manufacturers. It views the evolution of its technology toward context-aware and intent-aware reasoning as applicable to both autonomous vehicles and general-purpose robots intended to work alongside humans.
Mentee Robotics, founded four years ago, has developed a vertically integrated humanoid robot platform that combines in-house hardware, embedded systems, and AI software. The company’s approach emphasizes simulation-first training and learning from limited human demonstrations, rather than continuous teleoperation or large-scale real-world data collection. According to Mobileye, this methodology is designed to support predictable behavior, safety, and cost efficiency in real-world deployments.
Mobileye expects the acquisition to accelerate Mentee’s commercialization plans. Initial on-site proof-of-concept deployments with customers are targeted for 2026, with autonomous operation without teleoperation. Series production and broader commercialization are planned for 2028.
Mentee is expected to continue operating as an independent unit within Mobileye following the closing, while gaining access to Mobileye’s AI training infrastructure and development resources. Mobileye indicated that the transaction is expected to increase its operating expenses in 2026 by a low-single-digit percentage.
The acquisition was approved by Mobileye’s board of directors, following a review by a committee of independent directors, and by Intel, Mobileye’s largest shareholder and sole Class B shareholder. Prof. Amnon Shashua, Mobileye’s president and chief executive officer and a co-founder and shareholder of Mentee, recused himself from the board’s deliberations and approval process related to the transaction.
Mobileye stated that it intends to integrate safety frameworks and autonomy technologies developed for automotive use into humanoid robotics, with the aim of enabling verifiable and predictable operation in environments shared with humans.
