Circus SE, a German Physical AI company developing civilian and defence applications, has regained full deployment momentum after a deliberate mid-year slowdown to address early operational challenges, according to its Q3 2026 operational update. The company now operates Europe's largest fleet of autonomous meal production robots, with over 30 systems deployed across 19 enterprise customers in 8 countries and a target of more than 50 systems by year-end.
The scale-up matters because it demonstrates that autonomous food production is moving from pilot projects to enterprise-grade infrastructure. System uptime at mature sites rose from 70% at the start of the year to above 93% in Q3, validating readiness across retail, healthcare and defence environments. Total operating costs were cut by nearly 25% quarter-on-quarter while deployment pace tripled, showing that Circus can scale faster at lower cost as the business matures.
Revenue guidance for FY2026 stands at EUR 5.2 million, representing 233% growth year-over-year. Data from more than 230,000 robot-made meals continuously strengthens the company's proprietary Culinary AI, creating a feedback loop that improves performance with every deployment. The company's A2YN35 listing on XETRA gives investors exposure to this growth story.
Q3 also marked the first CA-1 deployment outside Europe, launching in Abu Dhabi with Royal Catering. Circus Pods, the proprietary ingredient platform and infrastructure, is now live across nearly all customer accounts, reducing daily handling time for clients by up to 80% and building additional recurring revenue streams. The CA-A robotic system entered volume production just three months after its acquisition closed, while the CA-M completed its functional prototype and commenced first module production.
"Twelve months ago, we served our first robot-made meals at customer sites. Today we operate the largest autonomous fleet in Europe, trusted by enterprise customers across commercial and defence sectors alike – in a market that remains less than 4% automated. The opportunity ahead is larger than ever," said Nikolas Bullwinkel, Founder & CEO. The full presentation and transcript are available at www.circus-group.com/quarterly-update.
Circus SE will present at several investor conferences in November, including the Bank of America Transforming World Conference in London on 10 November and the Goldman Sachs AI Symposium in London on 25 November. More information is available at www.circus-group.com.
