Vancouver's First Hydrogen Corp. (TSXV: FHYD; OTC: FHYDF) has moved from hydrogen fuel-cell vans into humanoid robotics. On September 9, 2026 the company signed a definitive agreement to acquire a 60% interest in Exodus Actuation Solutions Inc., trading as RoboticsCo, for two million common shares issued in stages and up to US$2 million of staged development financing, subject to TSX Venture Exchange acceptance.
What The Deal Brings
RoboticsCo owns or licenses 26 issued and 10 pending patents covering advanced actuation, gearbox and high-performance motor designs already tested by robotics, automotive and packaging customers. More than 500 motors and gearboxes have been manufactured and shipped for evaluation. First Hydrogen chairman and CEO Balraj Mann framed the transaction as adding proprietary IP applicable to the company's hydrogen-as-a-service ecosystem, manufacturing, energy infrastructure, autonomous systems and SMR-related work.
First Humanoid Corp. Spins Up
The company also launched a wholly-owned subsidiary, First Humanoid Corp., to hold, develop and commercialize humanoid robotics, unmanned ground vehicles, drone platforms and AI-enabled robotics. First Humanoid will target industrial automation, logistics, critical infrastructure, security, defence and remote operations — a similar slate to more established players such as PokeBot and UMA.
Small-Cap Bets Its 9-Trillion-Dollar Shot
The move is unusually ambitious for a C$24 million market-cap issuer. First Hydrogen leaned on RBC Capital Markets' forecast that humanoids could become a US$9 trillion market by 2050 and pitched the actuation IP as leverage into that curve. It's the latest example of a small-cap pivoting hydrogen and clean-energy exposure into physical AI, following prior ground-drone and counter-drone announcements earlier in 2026. Existing shareholders take dilution of two million new shares plus the US$2 million capital commitment in exchange for the 60% stake and the option to buy the balance later.
Reporting based on coverage from Newsfile, StockTitan, First Hydrogen press releases and RBC Capital Markets.