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Company

German Bionic

German Bionic is a European robotics company that develops and manufactures AI-powered exoskeletons and wearable power suits for logistics, industry, and…

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Founded
2017
HQ
Augsburg, Germany
Status
private; filed for insolvency/bankruptcy Nov 2025

Models

2

Overview

German Bionic is a European robotics company that develops and manufactures AI-powered exoskeletons and wearable power suits for logistics, industry, and healthcare. Founded in 2017 in Augsburg, it was the first company to deliver connected exoskeletons for the workplace, with products including the Cray X, Apogee ULTRA, and Exia. The company filed for insolvency in November 2025 after a failed financing round and was acquired by Archimedes Partners in March 2026.

Verified record

Verified deployments
None on file
Active incidents
None on file

DEPLOY Intelligence

Market intelligence for physical AI

Analyst-grade signals, competitive tracking, and investment context across the global physical AI landscape. Launching 2026.

Key facts

CEO

Armin G. Schmidt

CTO

Dr. Peter Heiligensetzer

Co-CTO

Norma Steller

Co-Founders

Armin G. Schmidt, Dr. Peter Heiligensetzer, Dirk Pöschl, Michael Halbherr

Total funding

$52.1M across 3 rounds

Acquired by

Archimedes Partners (2026-03-03)

Insolvency filed

November 2025 (Augsburg District Court)

Employees

~70 (at time of insolvency)

Awards

CES Best of Innovation, Fast Company Innovation by Design, EIB Innovation Champion, Bavarian and German Founders Awards

Offices

Augsburg, Berlin, Boston, Tokyo

Hero image candidate

germanbionic.com (source: official press kit)

Data & sources

Web sources

2

2 sources backing this record.View all →

Explainers

Plain-language answers to the questions people ask about German Bionic, from DEPLOY’s explainer library. Each is written in the language of the question and cross-checked against this registry.

  • What is the German Bionic Cray X?

    The Cray X is a powered, AI-controlled back-support exoskeleton for industrial lifting, worn by a worker. Its 5th generation adds walking assistance. German Bionic filed for bankruptcy in November 2025, so availability is uncertain.

  • Is the Cray X a robot?

    Not in the autonomous sense. The Cray X is a powered exoskeleton a person wears. It adds motorized force to the wearer's own lifting; the wearer stays fully in control. It does not move or make decisions on its own.

Current leadership (3)

Founders (4)

Former / Previously (2)

Safety record

No incidents on record for German Bionic.

Only active incidents are counted. Retracted incidents are excluded from this summary but remain reachable at their canonical URLs.

Full safety record: incidents, sourcing, and exposure data →

Recent coverage

German Bionic in third-party press

Peer companies