FF EAI Robotics Ecosystem Inc. (f/k/a AIxCrypto Holdings, Inc.) to Acquire FF Robotics Business for Standalone Listing; Faraday Future Unveils New Execution Plans for "Built In USA" Acceleration Program and Initiates Conditional Approval Application, Will Roll Out New Robot Product in Q1 2027
- FF held Its FF EAI "Built in USA" Upstream & Downstream Business Partner Conference Part two Upstream Partner Session & Industry Ecosystem Co-Creation Session at its headquarters and the International Conference on Intelligent Robots and Systems (IROS) in Pittsburgh, PA, featuring insights from ten partners from around the world, including MetaSense Technology USA, ENCOS, and NexCOBOT, who shared their perspectives on the EAI robotics industry and FF's "Built in USA" initiative.
- FF announces further execution plans for phase two of the "Built in USA" acceleration program, accelerating the rollout of the Next Futurist and Next Aegis series, initiating the conditional approval application process, and advancing supply chain, compliance certification, and manufacturing capacity development, with the robot factory targeted to begin operations by year-end and the first new EAI robot product targeted to roll off the production line in Q1 2027.
- EAI Robotics "Made in USA" Industry Alliance officially opens for membership, bringing together technology, manufacturing, supply chain, commercialization, research, government and capital partners.
- FFAI has signed a term sheet with Nasdaq-listed AIxC (NASDAQ: FFR). Under the proposed transaction, FFAI would bring 100% of FF's robotics company into AIxC. The proposed valuation is approximately $200 million, and FFAI would receive AIxC shares in exchange. On September 30th, AIxC will change its name to FF EAI Robotics Ecosystem Inc., and its ticker will change to FFR.
- Under the non-binding term sheet, the proposed per-share price would be the lower of $2.246 or the five-day average closing price prior to signing. At $2.246, FFR's pre-closing equity value would be approximately $55 million on a fully diluted basis, shown for illustrative purposes only. If the per-share price is below $2.246, FFR would declare a one-time special stock dividend to holders of record prior to closing, payable only upon closing and subject to tax analysis.
LOS ANGELES, Sept. 29, 2026 /PRNewswire/ -- Faraday Future Intelligent Electric Inc. (NASDAQ: FFAI) ("Faraday Future", "FF" or the "Company"), a California-based global Embodied AI (EAI) ecosystem company, today announced a series of major strategic developments during Part Two of its FF EAI "Built in USA" Upstream & Downstream Business Partner Conference, Upstream Partner Session & Industry Ecosystem Co-Creation Session.
The announcements include the proposed strategic acquisition of FF's EAI robotics business by Nasdaq-listed AIxC (NASDAQ: FFR), whose controlling stockholder is FFAI, FFAI's planned strategic upgrade, execution plans for Phase Two of FF's "Built in USA" Acceleration Program, and the official opening of the EAI Robotics "Made in USA" Industry Alliance. The conference is being held in conjunction with IROS 2026 in Pittsburgh, Pennsylvania, where FF is participating from September 28-30. Together, these initiatives are designed to accelerate FF's transition from individual intelligent products toward a broader Physical AI ecosystem spanning robotics, AI, real-world data, industry applications, U.S. manufacturing and shared intelligent mobility.
Proposed AIxC Acquisition Could Establish a Dedicated Public Platform for FF's EAI Robotics Business
On September 28, AIxC announced that it had signed a non-binding term sheet with FFAI for a proposed all-stock acquisition of FFAI's robotics business at a proposed valuation of approximately $200 million. Both the FFAI and AIxC special committees have approved the term sheet. Under the proposed transaction, AIxC would acquire the FF EAI robotics business from FFAI in exchange for AIxC stock. The transaction remains subject to due diligence, definitive transaction documents, applicable approvals and other conditions. The term sheet filed with the SEC expressly states that it is non-binding except for specified provisions and contemplates an internal restructuring through which the robotics-related assets, intellectual property, data, contracts, employees and liabilities would be contributed into the entity to be acquired by AIxC.
AIxC will be renamed FF EAI Robotics Ecosystem Inc., and its Nasdaq ticker will change from AIXC to FFR, effective September 30, 2026. Upon completion of the proposed acquisition, AIxC plans to discontinue its crypto strategy and transition into a pure-play robotics ecosystem company centered on FF's "Four-Core Full-Stack AI" model. FF believes the transaction could give its robotics business a dedicated public-market platform, greater operational and financing independence and a clearer mechanism through which investors can evaluate the business on its own operating fundamentals and long-term potential.
FFAI expects to remain the single largest and controlling stockholder of FFR following completion of the transaction, allowing FFAI to continue participating in the potential future value of the robotics business.
Rationale behind the $200 million valuation of FF EAI Robotics
FFAI and FFR believe that the approximately $200 million proposed valuation reflects the established product, delivery, and commercialization foundation of the FFAI Robotics business, as well as the significant value and long-term growth potential of its "Four-Core Full-Stack AI" ecosystem. In less than one year, the business has launched 24 products across three robot forms, five product series and 11 models, all of which have received FCC certification and achieved commercial deliveries of humanoid and biomimetic robotic products. As of the end of August, cumulative shipments reached 552 units. In the unaudited second quarter of 2026, the business recorded an average gross margin of approximately 30.9% on its "Four-Core Full-Stack AI" robotics products, with cumulative revenue of approximately $1.52 million. The EAI Robotics business targets positive quarterly operating cash flow in the third quarter of 2028 and aims to maintain a Top 3 comprehensive ranking among EAI robotics ecosystem companies over the next five years.
Total revenue from the "Four-Core Full-Stack AI" ecosystem is expected to reach approximately $7.1 million in 2026 and approximately $45.17 million in 2027, with projected cumulative revenue of approximately $1.98 billion over five years. Cumulative EAI Device sales are targeted to exceed 130,000 units over the five-year period.
EAI Robotics Targets First New EAI Device from U.S. Production in Q1 2027
The EAI Robotics is now advancing Phase Two of its "Built in USA" Acceleration Program, building on the three-phase roadmap introduced at Part One of the Company's business partner conference on August 26. The program is intended to turn FF's EAI technologies and ecosystem capabilities into longer-term U.S. capabilities in R&D, supply-chain integration, compliance, certification, manufacturing, testing, delivery and services. FF is advancing the development of its Next Futurist and Next Aegis product series while working to build U.S.-based supply-chain and manufacturing capabilities.
The Company has also taken steps to address applicable U.S. regulatory and compliance requirements. On September 2, FF announced an agreement under which AIBOT would provide advisory services concerning applicable FCC, Information and Communications Technology and Services ("ICTS") and National Defense Authorization Act ("NDAA") requirements, along with U.S. localization. FF also announced its participation in the FCC's public-comment process.
The Company intends to evaluate localization opportunities for key EAI Device components, including batteries, motion-control boards, computing boards and robot structures, while progressively expanding U.S.-based assembly, sourcing and manufacturing.
FF is targeting first quarter of 2027 for its first new EAI Device to roll off a U.S. production line, a target the Company publicly announced earlier this month as part of its continuing "Built in USA" strategy. The Company intends to leverage existing manufacturing, supply-chain management, testing, validation and quality-control resources while adapting flexible production lines for final assembly and end-of-line testing of humanoid and quadruped robots.
Over the longer term, FF plans to establish flexible production capabilities capable of supporting multiple EAI Device models on shared manufacturing lines. For FF, "Built in USA" is intended to be more than final assembly. The Company's long-term objective is to progressively increase U.S. participation across product development, core components, supply chain, compliance, production, testing and delivery while working toward applicable federal sourcing and procurement requirements.
FF EAI Robotics "Made in USA" Industry Alliance Officially Opens for Membership
As part of the conference, FF is also officially opening its EAI Robotics "Made in USA" Industry Alliance to new members. FF originally introduced the Global Industry Alliance initiative during Part One of its "Built in USA, Benefit the World" event on August 26, alongside the three-phase roadmap for its EAI robotics acceleration program. The alliance is centered around three ideas:
Global Innovation. U.S. Platform. Ecosystem Synergy.
FF intends to bring together partners from around the world across robotics, AI, semiconductors, core components, manufacturing, supply chains, research, real-world applications and capital, using the United States as an important platform for innovation, R&D, advanced manufacturing and commercialization.