At CES 2026, Mobileye unveiled its definitive agreement to acquire Mentee Robotics for $900 million, comprising approximately $612 million in cash and up to 26.2 million shares of Class A common stock. Management indicated the deal will close in Q1 2026 and propel Mobileye into “physical AI” for industrial fleets. Near‐term deployments are planned for structured settings such as factories and fulfillment centers, with proof-of-concept operations expected in 2026 and series production targeted for 2028. Longer-term, the company aims to extend Mentee’s humanoid platform into unstructured environments, including homes, by the end of the decade.

Mobileye reported winning roughly 95 percent of requests for quotes among its top 10 automaker customers in 2025, adding new OEM partners including Volvo and Subaru. The company now cites a $24.5 billion automotive design pipeline through 2033, more than 80 percent of which was awarded over the past three years. Its EyeQ chips power approximately 230 million vehicles globally. JP Morgan analyst Samik Chatterjee maintained a Neutral rating but highlighted continued strength in advanced driver assistance systems as a key revenue driver and margin stabilizer.

Mobileye positioned robotaxis as a core growth vertical, detailing a Volkswagen-backed MOIA program that aims to deliver a Level 4-ready vehicle by February 2026, followed by a driverless ride-hailing launch in multiple U.S. cities in the second half of 2026. The company emphasized efforts to reduce system costs for ADAS while advancing its simulation-driven autonomy stack toward near-zero human intervention. Chatterjee noted that these initiatives could unlock significant recurring revenue streams once scaled across global urban markets.