Robotics Agile Robots Fully Acquires BMW Spin-Off Idealworks

From Ipek Muftuler | Translated by AI 1 min Reading Time

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Agile Robots has acquired the remaining shares in the BMW spin-off Idealworks. The collaboration with the automaker will continue as the start-up expands.

BMW remains a customer of Idealworks. However, the OEM sells its shares in the spin-off to Agile Robots.(Image: idealworks)
BMW remains a customer of Idealworks. However, the OEM sells its shares in the spin-off to Agile Robots.
(Image: idealworks)

The company Idealworks, which emerged from the BMW Group, has been fully acquired by Agile Robots. The automation company has been an investor in the automaker's subsidiary since October 2023. Founded in 2020, Idealworks has developed a robotics ecosystem that includes the automation platform "AnyFleet," the simulation technology "iw.sim," and the autonomous mobile robot "iw.hub."

According to the company, more than 850 iw.hubs are currently in use at BMW Group production sites worldwide. Furthermore, Idealworks has a customer base in other industries such as manufacturing, logistics, and warehousing.

With the new owner, Idealworks can scale its robotics ecosystem, tap into new industries, and drive international expansion, says CEO Michael Alexander Schneider. Additionally, the collaboration with BMW is to be continued.

About Agile Robots

Agile Robots was founded in 2018 by robotics researchers from the German Aerospace Center (DLR) in Munich. Currently, more than 2,300 robotics and AI experts are working at locations in Germany, China, and India.

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