Brillus Lists on KOSDAQ, Targets Global AI Robot Platform Role

Recap

Source: 로봇신문, report of Oct. 1, 2026

According to the report, Brillus, a robotics modular platform solutions provider, began trading on the KOSDAQ market on October 1, 2026. The company, led by CEO Jeon Jin, held a listing ceremony at the Korea Exchange, where it demonstrated its humanoid robot, quadruped robot, and low-profile autonomous mobile robots (AMRs).

Brillus reported 2025 revenue of 23.8 billion KRW and an operating profit of 2.4 billion KRW, achieving an operating margin of 10.2%. The company noted a 5-year average annual revenue growth rate of over 50%. In the first half of 2026, the company recorded revenue of 13.7 billion KRW and exports of $5.1 million, with the export figure representing a 130.9% year-over-year increase. The overseas revenue share expanded to 56.7%.

The company plans to use its IPO proceeds to strengthen technical competitiveness, expand production infrastructure, and enter global markets. Specific plans include expanding its Songdo headquarters facility by 2,993.52 square meters to reach a total of 4,654.54 square meters for R&D and manufacturing. Brillus also intends to expand its physical AI data center to 32 GPUs and build a server infrastructure for large-scale AI learning. Additionally, the company aims to strengthen its North American presence through its Michigan subsidiary and establish a material and component development center in Daegu Alpha City.

Brillus stated it has completed over 1,300 projects and holds 191 intellectual property rights as of August 2026, including 25 overseas patents. The company's IPO was well-received, with a subscription competition ratio of 1,676.26 to 1 and a total of 4.9031 trillion KRW in subscription deposits.

Context

Brillus was established in 2015 and focuses on industrial robots, collaborative robots, and AMRs. The company's approach involves modularizing control, vision, inspection, and safety technologies to provide customized automation solutions. This modular platform strategy allows the company to apply its technology across various customers and processes without being dependent on specific manufacturers.

The Korean robotics industry has seen increased interest in physical AI, which involves training robots to understand and interact with the physical world. Brillus's focus on on-device AI and physical AI aligns with this broader trend. The company's financial performance, particularly its profitability, is notable in an industry where many firms struggle to achieve positive operating margins due to high R&D costs.

Robot's take

Brillus's listing on the KOSDAQ market signals a significant step in its growth strategy. The company's emphasis on physical AI and on-device AI suggests a shift towards more intelligent and autonomous robots. The expansion of its manufacturing facilities and global presence indicates a move towards scaling its operations.

However, the success of these plans will depend on Brillus's ability to execute its R&D and manufacturing expansions effectively. The company's reliance on physical AI and on-device AI technologies may face challenges in terms of data collection, model training, and real-world deployment. The high subscription competition ratio and strong financial performance suggest investor confidence, but the long-term success of the company will depend on its ability to maintain its growth trajectory and profitability in a competitive market.