Circus Secures EUR 1.1 Billion in recurring Revenue Potential and Expands Its AI Capabilities

EQS-News: Circus SE / Key word(s): Expansion Circus Secures EUR 1.1 Billion in recurring Revenue Potential and Expands Its AI Capabilities 05.11.2024 / 11:13 CET/CEST The issuer is solely responsible for the content of this announcement. Circus Secures EUR 1.1 Billion in recurring Revenue Potential and Expands Its AI Capabilities

• Driven by strong market demand, Circus has secured 8,400 pre-orders adding up to EUR 1.1 billion in recurring revenue potential with its AI-based SaaS
• Circus is committed to expanding its AI capabilities through strategic acquisitions to further enhance customer value and expand global impact
• Trained on more than 200 million data points, CircusAI already holds one of the industry's largest dataset, to support full autonomy

Hamburg, 05.11.2024 – Circus SE (Xetra: CA1), a global leader in AI solutions and autonomous robotics for the EUR 2.6 trillion food service sector, has announced a massive expansion of its existing AI activities due to its emerging commercial success. Driven by strong demand in the first months of its market entry, Circus has secured pre-orders for 8,400 AI-Robotic systems, representing EUR 1.1 billion in annual recurring revenue potential for its embedded AI-Software, CircusAI. To further strengthen its existing AI capabilities, the company plans to grow its market-leading position in AI and robotics with additional acquisitions.

Recognizing AI in the food service sector as the next major frontier, Circus is positioning itself at the forefront of this transformation. With massive industry demand projected for over 80 million autonomous AI robots across food service sectors worldwide, driven by unprecedented labor shortages and operational challenges, Circus’s AI-powered technology stands as a critical solution, offering unmatched automation and efficiency to support industry sustainability.

Powered by AI and next-generation computer vision, CircusAI represents a breakthrough for the food-service industry, promising not only to automate tasks but to adapt, predict, and optimize in real-time. Developed and rigorously tested over years with partners, CircusAI now manages over 2 billion recipes, responding dynamically to changing conditions. Trained on more than 200 million data points, it holds one of the industry's largest datasets, providing an unparalleled advantage in delivering full service autonomy around the clock. With 8,400 system pre-orders secured just months after launch, Circus has emerged as the market leader in AI-driven food service automation.