Rockchip’s shares opened limit-up in China’s A-share market on Aug. 31 after the launch of Microduck, an open-source bipedal robot released by Pollen Robotics, a unit under Hugging Face, drew heavy orders. Microduck is priced at $399, stands about 25 centimeters tall, and supports walking, picking up objects, getting back up after a fall, and even wearing roller skates.
According to BlockBeats, the product generated more than $1 million in orders within six hours of launch and more than $2.6 million within 24 hours. Based on the $399 price tag, that implies roughly 6,500 pre-orders. Delivery times for new orders have already been pushed out to four to six months.
The robot’s main controller uses Rockchip’s RK3566 chip. Its onboard computing platform handles 15 motors, a camera, LiDAR, and a 50Hz robot policy loop. Market analysis cited strong sales of Hugging Face’s Microduck as a catalyst behind the stock move.
Rockchip shares opened limit-up in China’s A-share market on Aug. 31 after Microduck, an open-source bipedal robot released recently by Pollen Robotics under Hugging Face, posted strong early sales, according to BlockBeats.
Microduck is priced at $399 and stands about 25 centimeters tall. The robot supports walking, picking up objects, getting back up after a fall, and can also wear roller skates.
The product passed $1 million in orders within six hours of launch and topped $2.6 million in the first 24 hours. Based on its $399 selling price, pre-orders were about 6,500 units. Delivery for new orders has now been pushed to a four- to six-month window.
On the hardware side, Microduck uses Rockchip’s RK3566 chip as its main controller. Its onboard computing platform is responsible for running 15 motors, a camera, LiDAR, and a 50Hz robot policy loop.
After the A-share market opened, Rockchip stock moved straight to its daily upper limit. Market analysis pointed to strong sales of Hugging Face’s Microduck as a related catalyst for the move.
This article was originally published by Bit.Fan. For more cryptocurrency news and market insights, visit www.bit.fan. Disclaimer:
The market information, project data, and third-party content displayed on this platform are for industry information sharing only and do not constitute any form of investment advice or return commitment.
Cryptocurrency trading carries high risks. Users should fully assess their risk tolerance and make independent decisions. All profits, losses, and legal responsibilities are borne by the users themselves.
