Innok Robotics Set to Enter Public Capital Market

Yggdrasil SPAC 1 AG's shareholders have approved the contribution of Innok Robotics GmbH, marking a significant step towards the public capital market. This transaction enables the renaming of the company to Innok Robotics Group AG, solidifying its position in the capital markets. Innok Robotics will continue as a subsidiary, ensuring stability for customers and partners.

The newly constituted Supervisory Board includes Alwin Heerklotz as Chairman, supporting the international growth phase. The leadership aims to scale operations and achieve substantial revenue growth. The recent Supervisory Board meeting outlined a target of reaching EUR 100 million in revenue by 2030.

Simultaneously, a new capital markets campaign is launched, highlighted by an initial coverage study from GBC AG, coinciding with appearances at upcoming capital market conferences. As Innok Robotics enters this new phase, it focuses on leveraging its expertise in autonomous mobile robots for diverse environments.