How does Physical Intelligence print?
Hardware and programs. Recurring software if they get there.
Robot foundation models. Lab-like cash. Small sample, very hot book.
The mix
- Hardware / programsUnits and contracts.70%
- Software / otherStack and services.30%
Industry-shape composite. Not a filing.
Who pays
Enterprises, defense, or early pilots.
Who builds
Hardware, controls, and embodied research.