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Artificial intelligence

Circus SE Reports Successful Fiscal Year 2024 with AI-Robotics Breakthrough

Strategic Insights

— 1 min read

Circus SE, a global AI and robotics company, has published its audited financial results for fiscal year 2024, reflecting a highly successful year in the industrialization of its patented CA-1 robot. The company expects a positive outlook as it transitions from research and development (R&D) to the launch of initial commercial deployments of its technology in the current fiscal year. Key milestones achieved during this period include the industrialization of the AI-powered robotics system CA-1, initiation of scalable serial production with global manufacturing partner Celestica, and the successful completion of the multi-year research and development phase.

Key Takeaways:

  • Circus SE has successfully industrialized its AI-powered robotics system CA-1 and initiated scalable serial production with global manufacturing partner Celestica.
  • The company has secured a global manufacturing partner operating over 40 sites in 16 countries, with an initial production facility capable of producing up to 6,000 CA-1 units annually.
  • A second product line, the CA-M, was developed and successfully introduced during the 2024 R&D phase, obtaining full accreditation as a supplier for U.S. government agencies and the Department of Defense in June 2025.
  • The company expects initial revenues in the single-digit million euro range from renowned clients, including REWE, Tamoil (HEM), and the Mangal Group, in the 2025 fiscal year.
  • Deliveries of the CA-1 are scheduled to begin in autumn 2025, with recurring software revenues expected from the fourth quarter 2025 onwards.
  • Revenues from the newly established defense division are anticipated earlier than originally planned, already within the current financial year.

Statistics:

  • EUR -11,915 thousand in EBITDA (in line with the previous year's guidance)
  • Funds were allocated to technology development for CA-1 and CA-M, as well as to building out manufacturing capabilities and preparing for production (EUR -11,915 thousand)
  • 40 sites in 16 countries operated by global manufacturing partner Celestica
  • Initial production facility capable of producing up to 6,000 CA-1 units annually
  • Companies with projected need ranging from several hundred to thousands of units secured as enterprise clients

Sources:

  • Businesswire.com: https://www.businesswire.com/news/home/20250630586332/en/
  • Circus SE's official investor page: https://www.circus-group.com/for-investors
  • Company announcement: https://www.circus-group.com/2025/06/14/en/about-celestica

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