Close Menu
The Politic ReviewThe Politic Review
  • Home
  • News
  • United States
  • World
  • Politics
  • Elections
  • Congress
  • Business
  • Economy
  • Money
  • Tech
Trending

US on track for biggest nuclear arms spending hike since Cold War – disarmament activists

June 6, 2025

Disgusting: New Company Charging $5,999 to Advise Which Humans Should Live and Which Should Die

June 6, 2025

Billionaire Ken Griffin Criticizes Trump’s Tariffs, Manufacturing Policies

June 6, 2025
Facebook X (Twitter) Instagram
  • Donald Trump
  • Kamala Harris
  • Elections 2024
  • Elon Musk
  • Israel War
  • Ukraine War
  • Policy
  • Immigration
Facebook X (Twitter) Instagram
The Politic ReviewThe Politic Review
Newsletter
Friday, June 6
  • Home
  • News
  • United States
  • World
  • Politics
  • Elections
  • Congress
  • Business
  • Economy
  • Money
  • Tech
The Politic ReviewThe Politic Review
  • United States
  • World
  • Politics
  • Elections
  • Congress
  • Business
  • Economy
  • Money
  • Tech
Home»Business»Top French robotics firm goes into liquidation
Business

Top French robotics firm goes into liquidation

Press RoomBy Press RoomJune 4, 2025No Comments3 Mins Read
Share Facebook Twitter Pinterest Copy Link LinkedIn Tumblr Email VKontakte Telegram

Aldebaran, renowned for its androids capable of recognizing human emotions, has accumulated debt exceeding €60 million

Aldebaran, a French company that blazed the trail in the field of ‘empathetic’ humanoid robots in the late 2000s, has been put into liquidation, local media has reported. The tech pioneer was placed into bankruptcy proceedings in January, and then in receivership the following month.

On Monday, the receiver, along with the auctioneer, announced the “immediate cessation of activity” and termination of their contracts to the company’s remaining 106 employees, according to Othman Meslouh, deputy secretary of Aldebaran’s social and economic committee (CSE). The Paris Commercial Court passed the verdict earlier in the day.

The receiver is now expected to start selling off the company’s profitable assets, including its patents, to settle Aldebaran’s outstanding debts that have exceeded €60 million ($68 million).

In recent months, two takeover contenders, Franco-Swiss businessman Jean-Marie Van Appelghem and Canadian investor Malik Bachouchi, had made bids for the company. However, the former’s overture was not backed by the receiver and Aldebaran’s management, while the latter was rejected by the court, as Bachouchi earlier told Le Monde.


From 2012 to 2022 – considered the company’s heyday – it was owned by Japan’s Softbank Robotics Group. Some time after it was acquired by the German company United Robotics Group (URG), a subsidiary of the RAG-Stiftung, the situation began to deteriorate, according to Meslouh.

He told AFP that the new owner “no longer wanted to invest in the company.” This claim was echoed by another anonymous employee cited by Le Monde, who said URG “asked us to be profitable within two years” even though development “cycles take five to seven years.” The unnamed engineer also lamented that the owner had underinvested in Aldebaran’s research and development.

In the late 2000s, the company rolled out Nao, its first humanoid robot, touted as a “versatile educational companion, widely used in classrooms and research labs for its ability to teach programming, foster social learning, and support research projects.” The model was followed by Plato, designed to support healthcare and hospitality environments, and Pepper, capable of recognizing and responding to human emotions and specifically tailored for customer-facing roles.

According to the company’s website, its robots have found application in more than 70 countries over the years. However, the total number of units sold was a mere 30,000, L’Express estimated.

You can share this story on social media:

Follow RT onRT
RT

Read the full article here

Share. Facebook Twitter Pinterest LinkedIn Tumblr Email Telegram Copy Link

Related Articles

Business

Billionaire Ken Griffin Criticizes Trump’s Tariffs, Manufacturing Policies

June 6, 2025
Business

Chappell Roan Ties Her Own Best Record With The Smash That Almost Never Was

June 6, 2025
Business

Bruno Mars Beats One Of His Biggest Smashes With A Timeless Duet

June 6, 2025
Business

First National Release Of Bourbon And New Rye

June 6, 2025
Business

Ahsoka’s Dave Filoni May Soon Be Running ‘Star Wars’

June 6, 2025
Business

Lady Gaga’s New Single Matches Her Career-Starting Smash

June 6, 2025
Add A Comment
Leave A Reply Cancel Reply

Editors Picks

Disgusting: New Company Charging $5,999 to Advise Which Humans Should Live and Which Should Die

June 6, 2025

Billionaire Ken Griffin Criticizes Trump’s Tariffs, Manufacturing Policies

June 6, 2025

Pope Leo XIV Tells Putin to Make a ‘Gesture’ of Peace in First Phone Call

June 6, 2025

ICE Agents Arrest Russian National Accused of Al Qaeda Membership

June 6, 2025
Latest News

Greg Gutfeld Weighs in on Feud Between Trump and Elon Musk: ‘Knock it Off’ (VIDEO)

June 6, 2025

Chappell Roan Ties Her Own Best Record With The Smash That Almost Never Was

June 6, 2025

DACA Recipient Sent to U.S. Prison for Buying Guns for Mexican Cartels

June 6, 2025

Subscribe to News

Get the latest politics news and updates directly to your inbox.

The Politic Review is your one-stop website for the latest politics news and updates, follow us now to get the news that matters to you.

Facebook X (Twitter) Instagram Pinterest YouTube
Latest Articles

US on track for biggest nuclear arms spending hike since Cold War – disarmament activists

June 6, 2025

Disgusting: New Company Charging $5,999 to Advise Which Humans Should Live and Which Should Die

June 6, 2025

Billionaire Ken Griffin Criticizes Trump’s Tariffs, Manufacturing Policies

June 6, 2025

Subscribe to Updates

Get the latest politics news and updates directly to your inbox.

© 2025 Prices.com LLC. All Rights Reserved.
  • Privacy Policy
  • Terms of use
  • For Advertisers
  • Contact

Type above and press Enter to search. Press Esc to cancel.