Portrait of Mustally Hussain

Welcoming Mustally Hussain as CFO

APR 23 '251X

This move comes as we prepare for large-scale deployment of NEO, your friendly home humanoid. With the aim of having hundreds of NEO’s arrive in homes across the United States in 2025, followed by rapid expansion– Mustally will be instrumental in enabling our growth along the way.

“I am excited to welcome Mustally to the Executive Team at 1X,” said Bernt Børnich, CEO of 1X Technologies. “He will play a key role in helping us accelerate our growth plans from our global HQ in Palo Alto, California.”

Mustally brings a strong track record of leadership across Fortune 500 companies and high-growth startups. He has built finance organizations from the ground up, raised over $50 billion in capital through public and private markets, and led transformative commercial partnerships and M&A initiatives. Prior to joining 1X, Mustally served as Managing Director, Global Treasurer, and Head of Financial Services at Lucid Group, and held senior finance roles at Herc Holdings, Hyundai Capital, and National Grid, following a career in investment banking and management consulting.

“I’m thrilled to join the 1X team, which is well positioned to lead the physical AI and robotics sector,” said Mustally Hussain. “My focus will be on driving financial discipline and strategic growth as 1X scales its manufacturing and commercialization footprint in the U.S., followed by global expansion.”

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