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  <title>Tesla Rival Figure Lands Deal With JCPenney Parent After Viral Package Sorting Marathon, White House Visit</title>
  <link>https://www.benzinga.com/markets/tech/26/05/52835666/tesla-rival-figure-lands-deal-with-jcpenney-parent-after-viral-package-sorting-marathon-white-house-?utm_source=benzinga_taxonomy&amp;utm_medium=rss_feed_free&amp;utm_content=taxonomy_rss&amp;utm_campaign=topic</link>
  <description>&lt;p&gt;Humanoid robotics company &lt;strong&gt;Figure &lt;/strong&gt;has had quite the few months of activity, with a&lt;a href=&quot;https://www.benzinga.com/markets/tech/26/03/51470920/first-humanoid-robot-appears-at-white-house-with-melania-trump-and-no-it-wasnt-elon-musks-optimus&quot;&gt; viral appearance alongside&lt;/a&gt; First Lady &lt;strong&gt;Melania Trump&lt;/strong&gt; at the White House and a viral package sorting marathon. The company, which is a rival to &lt;strong&gt;Tesla Inc &lt;/strong&gt;&lt;a class=&quot;ticker-link&quot; data-ticker=&quot;TSLA&quot; data-exchange=&quot;NASDAQ&quot; href=&quot;https://www.benzinga.com/quote/TSLA&quot; target=&quot;_blank&quot; rel=&quot;noopener&quot;&gt;(NASDAQ:&lt;a class=&quot;ticker&quot; href=&quot;https://www.benzinga.com/quote/TSLA&quot;&gt;TSLA&lt;/a&gt;)&lt;/a&gt; announced a new commercial agreement this week.&lt;/p&gt;
&lt;h2 class=&quot;wp-block-heading&quot;&gt;Figure Lands Robotics Deal&lt;/h2&gt;
&lt;p&gt;Figure, which was founded by &lt;strong&gt;Brett Adcock&lt;/strong&gt;, announced a commercial agreement with &lt;strong&gt;Catalyst Brands&lt;/strong&gt;, an operator of several former mall staples.&lt;/p&gt;
&lt;p&gt;&quot;We&amp;#039;ll work to deploy humanoid robots at scale, starting with initial deployment in Reno, NV,&quot; Adcock &lt;a href=&quot;https://x.com/adcock_brett/status/2059351113984557262&quot;&gt;tweeted&lt;/a&gt;.&lt;/p&gt;
&lt;p&gt;An &lt;a href=&quot;https://www.figure.ai/news/figure-signs-agreement-with-catalyst-brands&quot;&gt;announcement &lt;/a&gt;from the company said the Figure humanoid robots will be deployed into distribution and logistics with a focus on automating &quot;physically demanding tasks within the supply chain.&quot;&lt;/p&gt;
&lt;p&gt;Catalyst Brands is the &lt;a href=&quot;https://corporate.jcpenney.com/2025/01/08/sparc-group-has-merged-with-jcpenney-to-form-catalyst-brands/&quot;&gt;operator &lt;/a&gt;of &lt;strong&gt;JCPenney, Aéropostale &lt;/strong&gt;and &lt;strong&gt;Brooks Brothers&lt;/strong&gt;. The brand company is owned by &lt;strong&gt;Brookfield Asset Management &lt;/strong&gt;&lt;a class=&quot;ticker-link&quot; data-ticker=&quot;BAM&quot; data-exchange=&quot;NYSE&quot; href=&quot;https://www.benzinga.com/quote/BAM&quot; target=&quot;_blank&quot; rel=&quot;noopener&quot;&gt;(NYSE:&lt;a class=&quot;ticker&quot; href=&quot;https://www.benzinga.com/quote/BAM&quot;&gt;BAM&lt;/a&gt;)&lt;/a&gt;,&lt;strong&gt; Simon Property Group&lt;/strong&gt; &lt;a class=&quot;ticker-link&quot; data-ticker=&quot;SPG&quot; data-exchange=&quot;NYSE&quot; href=&quot;https://www.benzinga.com/quote/SPG&quot; target=&quot;_blank&quot; rel=&quot;noopener&quot;&gt;(NYSE:&lt;a class=&quot;ticker&quot; href=&quot;https://www.benzinga.com/quote/SPG&quot;&gt;SPG&lt;/a&gt;)&lt;/a&gt;, &lt;strong&gt;Authentic Brands Group, Shein &lt;/strong&gt;and former JCPenney investors.&lt;/p&gt;
&lt;p&gt;Figure said the partnership shows how the company is leading the transformation of the global workforce, which includes the following:&lt;/p&gt;
&lt;ul class=&quot;wp-block-list&quot;&gt;
&lt;li&gt;Deployment at Scale&lt;/li&gt;
&lt;li&gt;Workforce Modernization&lt;/li&gt;
&lt;li&gt;Strategic Ecosystem Alignment&lt;/li&gt;
&lt;li&gt;Brookfield is an investor in both Catalyst Brands and Figure, and the announcement says it supports the vision for the future of industrial automation.&lt;/li&gt;
&lt;/ul&gt;
&lt;p&gt;At the time of Brookfield&amp;#039;s &lt;a href=&quot;https://www.figure.ai/news/figure-announces-strategic-partnership-with-brookfield&quot;&gt;investment &lt;/a&gt;in Figure in September, the company said it would help Figure with a real-world pretraining dataset and infrastructure to get humanoid robots into commercial settings.&lt;/p&gt;
&lt;p&gt;&quot;As we invest in and scale our ...&lt;/p&gt;&lt;p&gt;&lt;a href=https://www.benzinga.com/markets/tech/26/05/52835666/tesla-rival-figure-lands-deal-with-jcpenney-parent-after-viral-package-sorting-marathon-white-house-?utm_source=benzinga_taxonomy&amp;amp;utm_medium=rss_feed_free&amp;amp;utm_content=taxonomy_rss&amp;amp;utm_campaign=topic alt=Tesla Rival Figure Lands Deal With JCPenney Parent After Viral Package Sorting Marathon, White House Visit&gt;Full story available on Benzinga.com&lt;/a&gt;&lt;/p&gt;</description>
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 <pubDate>Thu, 28 May 2026 12:39:04 +0000</pubDate>
 <dc:creator>Chris Katje</dc:creator>
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