
Futronic
Robotics · Automotive Components · Industrial Automation
Blackstone acquires controlling stake in Korea's actuator maker Futronic
July 20, 2026
Deal Value
$676M
The deal signals private equity chasing the physical hardware layer behind humanoid robots, not just the AI software on top.
- Blackstone has agreed to acquire a controlling stake in South Korean actuator and motion-control maker Futronic, in a deal reportedly valuing the company at about $676M.
- Founded in 1993, Futronic supplies high-precision actuators to global automotive OEMs and is expanding into humanoid and general-purpose robotics.
- Founder Ko Jin-ho will remain chairman and CEO and retain a significant stake as the company's second-largest shareholder after the transaction.
- Local reports peg the deal at roughly KRW 1 trillion, translating to about $676M-$720M, though Blackstone has not officially disclosed financial terms.
- Futronic, based in Busan with additional operations in the US, is one of several recent Blackstone bets in Korea alongside Juno Hair and Geo-Young.
- The deal shows Blackstone extending its AI investment thesis from software and data centers into the physical motion-control components that power humanoid robots and factory automation.
- Blackstone plans to use its scale and operating expertise to help Futronic expand internationally and build out production and technology infrastructure for automotive and robotics clients.
Lead Investors
Blackstone