on Circus SE (isin : DE000A2YN355)
Circus SE Partners with Global Tech Leader for AI Robot Production
Circus SE has announced a strategic partnership with a prominent North American high-tech manufacturing leader. This collaboration will enable Circus SE to become the first global firm to mass-produce AI-enabled food service robots, addressing the pre-orders of 8,400 units. Starting in 2025, the company plans to deliver its CA-1 robots globally, with a target annual production capacity of 6,000 units.
The partnership aligns with Circus SE's vision to transform the $2.6 trillion food service industry through AI and autonomous robotics. The North American partner, known for its expertise in sectors like Industrial and HealthTech, will handle production while Circus retains full ownership of its robotics and AI software.
The rollout is expected to boost Circus SE's path to profitability, with aims for a mid-term revenue of over EUR 1 billion annually and high profit margins.
R. H.
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