Latest news with #CA-M
Business Wire
7 days ago
- Business
- Business Wire
Circus SE Appoints Former Bundeswehr Officer as VP Defense Strategy & Operations
MUNICH--(BUSINESS WIRE)--Circus SE (XETRA: CA1), a global technology leader in AI software and robotics for the food service industry, announces the appointment of Jan Hesselbarth as Vice President Defense Strategy & Operations. Hesselbarth brings over two decades of leadership across military operations and public-sector transformation. As a former airborne officer and senior advisor to federal and international institutions, he has led military and civil programs with teams of up to 1,000 personnel and delivered results across highly dynamic and complex environments. At Circus, Hesselbarth will take full strategic and operational ownership of defense deployment programs, including deployments of the recently introduced CA-M autonomous meal supply system for armed forces and civil protection. His scope spans logistics, deployment, and compliance in security-critical environments. Prior to joining Circus, Hesselbarth advised military commands and national authorities on geostrategy, resilience, and security. Throughout his career, he trained over 5,000 Bundeswehr personnel in mission-specific readiness, supported operational planning for Lithuanian officer training and German command structures, and co-authored a federal study on maritime security for the German Ministry of the Interior. 'Jan combines operational command experience with strategic foresight – a rare profile at the intersection of defense, logistics, and innovation,' said Nikolas Bullwinkel, CEO and Founder of Circus. As Circus ramps up its defense unit, Hesselbarth's appointment reflects the company's commitment to operational readiness, secure field logistics, and customer-centric deployment – both in Europe and globally. 'I'm excited to join Circus at this inflection point,' said Jan Hesselbarth. 'Bringing autonomous technology into real-world military and security operations requires more than innovation – it takes field experience, discipline, and trust. I look forward to building systems that deliver.' About Circus SE Circus SE (XETRA: CA1) is a global AI and robotics company developing autonomous systems for food supply in both civilian and defense sectors. Its flagship robot, the patented CA-1, is the world's first fully autonomous food production robot, now in serial production. Powered by proprietary embodied AI, Circus delivers industrial-scale, high-reliability meal output with minimal human input. Headquartered in Munich, the company is building the global infrastructure for autonomous food supply – on a mission to fuel humanity.
Business Wire
30-06-2025
- Business
- Business Wire
Circus SE publishes 2024 Annual Report marking the completion of the R&D phase
MUNICH--(BUSINESS WIRE)--Circus SE (XETRA: CA1) today published its audited financial results for fiscal year 2024, reflecting a highly successful year in the industrialization of the 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 patented technology in the current fiscal year. The year 2024 marked the successful completion of the multi-year research and development phase. Key milestones included the industrialization of the AI-powered robotics system CA-1 and the initiation of a scalable serial production in collaboration with global manufacturing partner Celestica. The industrialization of the company's core commercial product, CA-1, has been successfully completed. Several units of the patented CA-1 are already in production, with deliveries scheduled to begin as planned in fall 2025. This makes Circus SE the first company worldwide capable of delivering AI-powered robotics for food production at an industrial scale globally. The transformation from manual manufacturing to industrial-scale serial production forms the foundation for Circus SE's future growth. With Celestica, the company has secured a global manufacturing partner operating over 40 sites in 16 countries. The initial production facility alone is capable of producing up to 6,000 CA-1 units annually. In addition to manufacturing, the partner also manages the global supply chain as well as the service and maintenance of the robotics systems. This industrial infrastructure enables Circus SE to meet the growth demands of its already secured enterprise clients – each with a projected need ranging from several hundred to thousands of units. In addition, a second product line was developed and successfully introduced during the 2024 R&D phase: the CA-M, the world's first autonomous, robot-assisted provisioning system for military and security-critical applications. Just weeks after its official launch, full accreditation as a supplier for U.S. government agencies and the Department of Defense was obtained in June 2025. As forecasted, no revenue was generated from the novel technology during the 2024 fiscal year, which was still part of the R&D phase. The EBITDA stands at EUR -11,915 thousand, in line with the previous year's guidance. The majority of funds were allocated to technology development for the CA-1 and the new CA-M for the defense sector, as well as to building out manufacturing capabilities and preparing for production—laying essential foundations for the upcoming commercialization phase. For the 2025 fiscal year, Circus SE expects initial revenues in at least the single-digit million euro range from renowned clients, including those in the prioritized go-to-market segments of mobility and retail—among them REWE, Tamoil (HEM), and the Mangal Group. 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. The company expects to provide a forecast in conjunction with the delivery of the world's first CA-1 AI robotics units from serial production. About Circus SE Circus SE (XETRA: CA1) is a global AI and robotics company developing autonomous systems for food supply in both civilian and defense sectors. Its flagship robot, the patented CA-1, is the world's first fully autonomous food production robot, now in serial production. Powered by proprietary embodied AI, Circus delivers industrial-scale, high-reliability meal output with minimal human input. Headquartered in Munich, the company is building the global infrastructure for autonomous food supply — on a mission to fuel humanity.
Business Wire
16-06-2025
- Business
- Business Wire
Circus SE receives official supplier certification for U.S. government institutions and the Department of Defense
MUNICH--(BUSINESS WIRE)--Circus SE (XETRA: CA1), a global leader in AI software and robotics for the food service industry, has officially been approved as a supplier for the US Government and its armed forces worldwide. The certification grants Circus access to U.S. federal procurement programs and contracts, including those of the Department of Defense and global U.S. military, marking a key milestone in the company's international expansion strategy. As the first AI-robotics player in the global food-service sector to achieve this highly regulated status, Circus is now positioned to participate in federal supply contracts across military and government agencies. This regulatory clearance accelerates the strategic deployment of its autonomous, AI-powered cooking systems, CA-1 and CA-M, within U.S. defense initiatives and dual-use technology programs. "This approval unlocks the next stage in executing our international strategy in the defense and public sector," says Nikolas Bullwinkel, CEO and Founder of Circus SE. "It confirms our operational maturity, strengthens our geopolitical presence, and opens the door to high-impact, security-critical applications." Following the recent appointment of Sasha Borovik as General Counsel, formerly head lawyer for Microsoft's global public sector business, Circus further strengthens its US market access and public sector capabilities. The certification positions Circus as a trusted partner for government institutions and paves the way for long-term contracts, and global defense collaborations. About Circus SE Circus SE (XETRA: CA1) is a global AI and robotics company developing autonomous systems for food supply in both civilian and defense sectors. Its flagship robot, the patented CA-1, is the world's first fully autonomous food production robot, now in serial production. Powered by proprietary embodied AI, Circus delivers industrial-scale, high-reliability meal output with minimal human input. Headquartered in Munich, the company is building the global infrastructure for autonomous food supply — on a mission to fuel humanity.
Yahoo
11-06-2025
- Business
- Yahoo
Circus SE Appoints Former Helsing Top-Executive Sasha Borovik as General Counsel
Borovik, a Harvard Law graduate, brings 20+ years of legal leadership across AI, tech, and defense, including as Director of Legal Affairs at Microsoft and key legal architect behind defense AI leader Helsing's $5Bn scale-up. He brings deep expertise in global negotiations and IP strategy across commercial and defense sectors - working with customers such as NATO, the UN, and Ukrainian forces. Joins as Circus' first core defense executive to accelerate international growth and legal strategy following the CA-M launch as its first autonomous solution for the defense sector and the CA-1 serial production. MUNICH, June 11, 2025--(BUSINESS WIRE)--Circus SE (XETRA: CA1), a global leader in AI software and robotics for the food service industry, announces the appointment of Sasha Borovik as General Counsel effective June 11, 2025. A graduate of Harvard Law School with over two decades of global legal and commercial leadership, Borovik has negotiated complex technology, defense, and AI transactions on behalf of major corporations and institutions. His track record spans work with NATO-aligned governments, the UN, and AI leaders shaping next-generation defense infrastructure. At Helsing, Europe's leading defense AI company, Borovik played a pivotal role as General Counsel and Director of Compliance - not only building the legal function, but also leading the structuring and execution of multiple capital rounds totaling over $800 million to date. His legal leadership was instrumental in navigating dual-use technology regulation, defense contracting, and IP protection in one of Europe's most strategically important AI ventures. Prior to Helsing, Borovik served as Senior Director and Lead Counsel for EMEA at Akamai Technologies (Nasdaq: AKAM), and Director of Legal Affairs at Microsoft (Nasdaq: MSFT) as a head lawyer for the public sector, where he supported global expansion, strategic partnerships, and high-value commercial transactions across regulated markets. Borovik's appointment comes as Circus prepares for the launch of its CA-M defense product line, the world's first autonomous meal supply system designed for defense and critical infrastructure, and ramps up serial production of its core CA-1 system. As the company's first core defense executive, he will play a critical role in shaping commercial agreements, institutional partnerships, and regulatory strategy across dual-use domains. "Joining Circus is an opportunity to shape the strategic and legal backbone of a company that's redefining autonomy at scale," said Sasha Borovik. "With the CA-M and a growing international footprint, Circus is stepping into domains where legal rigor and regulatory foresight are not just an asset - they're mission-critical." "Sasha brings a rare combination of legal excellence, deal-making experience, and deep domain knowledge in defense and AI," said Nikolas Bullwinkel, CEO and Founder of Circus SE. "As we expand negotiations with multiple NATO-aligned forces and scale internationally, his leadership will be instrumental in building robust, long-term partnerships." Borovik holds law degrees from Harvard Law School and Charles University in Prague. He speaks seven languages and is admitted to the bar in both the European Union and the state of New York. About Circus SE Circus SE (XETRA: CA1) is a global AI and robotics company developing autonomous systems for food supply in both civilian and defense sectors. Its flagship robot, the patented CA-1, is the world's first fully autonomous food production robot, now in serial production. Powered by proprietary embodied AI, Circus delivers industrial-scale, high-reliability meal output with minimal human input. Headquartered in Munich, the company is building the global infrastructure for autonomous food supply — on a mission to fuel humanity. Language: English Company: Circus SE Hongkongstrasse 6 20457 Hamburg Germany E-mail: ir@ Internet: ISIN: DE000A2YN355 WKN: A2YN35 Listed: Regulated Unofficial Market in Berlin, Dusseldorf, Frankfurt, Munich (m:access), Tradegate Exchange View source version on Contacts Circus SEpress@
Business Wire
11-06-2025
- Business
- Business Wire
Circus SE Appoints Former Helsing Top-Executive Sasha Borovik as General Counsel
MUNICH--(BUSINESS WIRE)--Circus SE (XETRA: CA1), a global leader in AI software and robotics for the food service industry, announces the appointment of Sasha Borovik as General Counsel effective June 11, 2025. A graduate of Harvard Law School with over two decades of global legal and commercial leadership, Borovik has negotiated complex technology, defense, and AI transactions on behalf of major corporations and institutions. His track record spans work with NATO-aligned governments, the UN, and AI leaders shaping next-generation defense infrastructure. At Helsing, Europe's leading defense AI company, Borovik played a pivotal role as General Counsel and Director of Compliance - not only building the legal function, but also leading the structuring and execution of multiple capital rounds totaling over $800 million to date. His legal leadership was instrumental in navigating dual-use technology regulation, defense contracting, and IP protection in one of Europe's most strategically important AI ventures. Prior to Helsing, Borovik served as Senior Director and Lead Counsel for EMEA at Akamai Technologies (Nasdaq: AKAM), and Director of Legal Affairs at Microsoft (Nasdaq: MSFT) as a head lawyer for the public sector, where he supported global expansion, strategic partnerships, and high-value commercial transactions across regulated markets. Borovik's appointment comes as Circus prepares for the launch of its CA-M defense product line, the world's first autonomous meal supply system designed for defense and critical infrastructure, and ramps up serial production of its core CA-1 system. As the company's first core defense executive, he will play a critical role in shaping commercial agreements, institutional partnerships, and regulatory strategy across dual-use domains. 'Joining Circus is an opportunity to shape the strategic and legal backbone of a company that's redefining autonomy at scale,' said Sasha Borovik. 'With the CA-M and a growing international footprint, Circus is stepping into domains where legal rigor and regulatory foresight are not just an asset - they're mission-critical.' 'Sasha brings a rare combination of legal excellence, deal-making experience, and deep domain knowledge in defense and AI,' said Nikolas Bullwinkel, CEO and Founder of Circus SE. 'As we expand negotiations with multiple NATO-aligned forces and scale internationally, his leadership will be instrumental in building robust, long-term partnerships.' Borovik holds law degrees from Harvard Law School and Charles University in Prague. He speaks seven languages and is admitted to the bar in both the European Union and the state of New York. About Circus SE Circus SE (XETRA: CA1) is a global AI and robotics company developing autonomous systems for food supply in both civilian and defense sectors. Its flagship robot, the patented CA-1, is the world's first fully autonomous food production robot, now in serial production. Powered by proprietary embodied AI, Circus delivers industrial-scale, high-reliability meal output with minimal human input. Headquartered in Munich, the company is building the global infrastructure for autonomous food supply — on a mission to fuel humanity.
