Meet Phasma, a cool, six-legged robot made by Tokyo-based design and engineering firm takram. The battery-powered insectoid can be remote-controlled and is technically based on a iSprawl, a robot developed at Stanford University.
takram used stainless steel and rubber joints to make iSprawl prettier, and as you can see in the video embedded below, they succeeded. Other than looking cool, the purpose of the robot is mimicking the movements of insects (although I am not sure if that by itself makes any sense). It's pretty fast, too.
This video (shot by DigInfoNews last week in Tokyo) provides more insight: