German robotics firm Agile Robots expects to double its income this yr as demand for industrial automation continues to develop, in response to an interview with the corporate’s chief government revealed by the Wall Street Journal.
CEO Zhaopeng Chen instructed the newspaper that Agile Robots generated income of €300 million (roughly $346 million) in 2025 and expects that determine to succeed in round €600 million this yr.
In accordance with the report, the corporate has already signed buyer contracts supporting its 2026 income forecast and expects to succeed in profitability throughout the subsequent two to 3 years.
Based in Munich in 2018, Agile Robots has emerged as one in every of Europe’s best-funded robotics corporations, elevating roughly $1.5 billion from buyers led by SoftBank Group.
Not like many robotics startups targeted totally on synthetic intelligence, Chen instructed the Wall Avenue Journal that the corporate’s manufacturing capabilities will play an equally vital position in its future development.
Agile Robots has expanded quickly by means of acquisitions, shopping for greater than a dozen corporations since its launch. These embody automation specialist thyssenkrupp Automation Engineering and warehouse robotics firm idealworks, strengthening its manufacturing experience and buyer base.
The newspaper reported that between 10 and 15 p.c of the corporate’s new enterprise this yr is predicted to return by means of these acquired companies.
Earlier this yr, Agile Robots additionally introduced a partnership with Google DeepMind to combine Gemini Robotics basis fashions into its robotic programs, combining giant AI fashions with industrial automation {hardware}.
The corporate develops robotic programs for manufacturing and industrial functions, an more and more aggressive market as producers spend money on AI-powered automation to enhance productiveness and tackle labour shortages.
Supply: The Wall Street Journal.
