German robotics company Agile Robots expects to double its revenue this year as demand for industrial automation continues to grow, according to an interview with the company’s chief executive published by the Wall Street Journal.
CEO Zhaopeng Chen told the newspaper that Agile Robots generated revenue of €300 million (approximately $346 million) in 2025 and expects that figure to reach around €600 million this year.
According to the report, the company has already signed customer contracts supporting its 2026 revenue forecast and expects to reach profitability within the next two to three years.
Founded in Munich in 2018, Agile Robots has emerged as one of Europe’s best-funded robotics companies, raising approximately $1.5 billion from investors led by SoftBank Group.
Unlike many robotics startups focused primarily on artificial intelligence, Chen told the Wall Street Journal that the company’s manufacturing capabilities will play an equally important role in its future growth.
Agile Robots has expanded rapidly through acquisitions, buying more than a dozen companies since its launch. These include automation specialist thyssenkrupp Automation Engineering and warehouse robotics company idealworks, strengthening its manufacturing expertise and customer base.
The newspaper reported that between 10 and 15 percent of the company’s new business this year is expected to come through those acquired businesses.
Earlier this year, Agile Robots also announced a partnership with Google DeepMind to integrate Gemini Robotics foundation models into its robotic systems, combining large AI models with industrial automation hardware.
The company develops robotic systems for manufacturing and industrial applications, an increasingly competitive market as manufacturers invest in AI-powered automation to improve productivity and address labour shortages.
Source: The Wall Street Journal.
