Mobileye Global today entered into a definitive agreement to acquire Mentee Robotics Ltd. for a total consideration of approximately $900 million, subject to customary adjustments. The purchase price comprises $612 million in cash and up to 26.2 million shares of Mobileye Class A common stock, with final amounts adjusted based on outstanding Mentee option vesting. The transaction, approved by Mobileye’s Board of Directors and Intel Corp. as the largest shareholder, is expected to close in the first quarter of 2026, subject to standard closing conditions.

The deal unites Mobileye’s advanced AI stack and global production expertise with Mentee’s third-generation humanoid robotics platform, designed for context-aware perception, intent-driven planning and safe physical interaction. Integration of Mentee’s vision-language-action models and simulation-first training methods will enhance Mobileye’s autonomy algorithms—improving generalization in long-tail driving scenarios—while Mobileye’s Responsibility-Sensitive Safety framework and redundancy architectures will bolster verifiable safety in humanoid robotics deployments.

Under the agreement, proof-of-concept deployments of Mentee humanoids at customer sites are slated for 2026, operating fully autonomously without teleoperation, with series production and commercial roll-out targeted for 2028. These robots leverage in-house actuators, precision motor drivers, tactile-sensing hands and hot-swappable batteries, optimized for industrial and warehouse environments. Mobileye will preserve Mentee as an independent unit to maintain continuity while leveraging its AI training infrastructure to accelerate integration and scale.

Mobileye’s current automotive revenue pipeline stands at $24.5 billion over the next eight years—up more than 40% since January 2023—driven by advanced driver assistance systems and hands-free highway driving deals, including a nine-million-unit agreement for EyeQ6H-based Surround ADAS with a top-10 U.S. automaker. The Mentee acquisition is expected to modestly increase Mobileye’s operating expenses in 2026 by a low-single-digit percentage, while establishing a Physical AI business line that compounds value across autonomous vehicles and humanoid robotics.