FF Nova

FFR Launches $2,490 Nova Humanoid, Buys FFAI Robotics for $200M

FFR Launches $2,490 Nova Humanoid, Buys FFAI Robotics for $200M

Los Angeles – October 15, 2026 -- FF EAI Robotics Ecosystem Inc. (NASDAQ: FFR) launched the FF Nova humanoid robot at $2,490 and agreed to acquire the robotics business of Faraday Future Intelligent Electric Inc. (NASDAQ: FFAI) in an all-stock transaction that values that unit at about $200 million.

FFR issues shares at $2.246, a 50% premium to its $1.50 close

The definitive agreements were signed on October 12, 2026. The parties valued FFR at about $60 million on a fully diluted basis. FFR will issue shares to FFAI at $2.246 each, about 50% above its $1.50 closing price on the signing date.

FFR has also secured up to $10 million in a first PIPE round, priced at market with no discount and no warrants. The company said it capped the raise at about $10 million to limit dilution.

FFR, FFAI to Launch FF Nova Humanoid Robot at Oct. 14 Event

FFR, FFAI to Launch FF Nova Humanoid Robot at Oct. 14 Event

Los Angeles – October 11, 2026 -- FF EAI Robotics Ecosystem Inc. (NASDAQ: FFR) and Faraday Future Intelligent Electric Inc. (NASDAQ: FFAI) will host a joint launch event on October 14, 2026, unveiling four products spanning humanoid robotics, Physical AI education and developer tools.

FFR and FFAI line up four launches for October 14

The lineup includes FF Nova, described as FF's first embodied AI humanoid robot for developers and educational institutions. It will debut at an exclusive, invitation-only event. FF will also introduce FF Nova Mini, a humanoid robot for foundational Physical AI education, together with the EAI Education Ecosystem Brain and Curriculum Skills 2.0.

The fourth launch is the FF Nova Developer Reinforcement Learning Platform, which will offer exclusive early access to the developer community. A full video will be available on October 15 at 5:00 p.m. PDT.