Mobileye announces its acquisition of Mentee Robotics, expanding its focus from automotive technologies into humanoid robotics, as it prepares for a pivotal transition into Physical AI.
Target Information
Mobileye, a global leader in advanced driver-assistance systems (ADAS) and autonomous vehicle (AV) technologies, has entered a transformative phase with its recent announcement at CES 2026. Under the leadership of President and CEO Prof. Amnon Shashua, the company is expanding its product offerings, significantly venturing into humanoid robotics through its acquisition of Mentee Robotics Ltd. This strategic move aligns with Mobileye's ongoing ambition to innovate within the realm of Physical AI, paving the way for unparalleled advancements in both automotive and robotic sectors.
As of Q3 2025, Mobileye's technology is embedded in over 230 million vehicles worldwide, evidencing its substantial market presence. The company projects a revenue pipeline of approximately $24.5 billion over the next eight years, reflecting a notable 42% growth from the previously anticipated $17.3 billion in 2023. Mobileye's recent design wins with two new original equipment manufacturers (OEMs) further reinforce its competitive positioning as it transitions into this new chapter of the company's history, named Mobileye 3.0.
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Industry Overview in the Target’s Specific Country
The automotive industry in Israel, where Mobileye is headquartered, has been rapidly evolving, especially in the fields of AI and autonomous technologies. As a nation known for its technological advancements, Israel is at the forefront of developing AI-powered so
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