exoIQ

What exoIQ does

exoIQ GmbH is a Hamburg-based industrial ergonomics company, founded in 2017 as a subsidiary of TTS-Unternehmensgruppe, that develops and sells active exoskeletons and a companion software application for physically demanding workplaces. The company's core product family comprises three devices: the S700 Active Shoulder Exoskeleton (pneumatic actuation, up to 15 kg of active force support, up to 45% shoulder muscle relief, available since October 2024), the B900 Active Back Exoskeleton (electric motor actuation, up to 30 kg of force support for lifting and carrying, targeted for delivery from July 2026 with pre-orders), and the B100 soft lumbar support belt (a passive, flexible compression support for posture stabilization). Differentiation rests on active rather than purely spring-/elastic-based passive designs, a patented back mechanism with free-run walking mode (B900), and in-house testing stands (overall machine test stands running thousands of pre-programmed cycles for S700, plus heavy-duty endurance rigs for B900) intended to validate long-term durability. The companion Ergonomie-App analyzes work processes, identifies tasks suitable for exoskeleton support, and supports data-driven integration of devices into operations.

exoIQ targets industries with high rates of musculoskeletal disorders, principally automotive, general manufacturing, logistics, production, and skilled trades, with secondary specialty applications such as horse dentistry. Named reference customers include KRONES AG (beverage/packaging machinery), Hodapp GmbH & Co. KG (special doors; 15 B100 units deployed), WERZ Vakuum-Wärmebehandlung (heat treatment), METALLART Treppen (staircase manufacturing), Wegener Jachtwerft (boat restoration), Brauerei Wildwuchs (craft brewery), Frau Meis (ice cream production), and the Deutsches Museum (education/exhibition). Customer mix spans enterprise accounts (KRONES, METALLART, WERZ, Hodapp) and SMBs.

The business model combines direct hardware sale, recurring maintenance/services, an annual service package, and — most distinctively — a 48-month leasing channel operated in partnership with GRENKE Bank (announced May 2024), under which customers pay ~€79.80/month for the S700 and ~€154.97/month for the B900, with ownership transferring to the customer at the end of the term. Distribution is direct in German-speaking markets, supplemented by on-site demonstrations at customer sites and online self-serve demo videos on the company website. The leadership team comprises three Managing Directors (Geschäftsführer): Dr. Ghesal Fahimi-Steingraeber, Dr. Bernward Otten, and Prof. Dr. Robert Weidner.

Name

exoIQ

Legal name

exoIQ GmbH

Website

https://exoiq.com

Company type

Private

Founded year

2017

Operating status

Operating

Headcount range

11–50 employees

Short description

exoIQ GmbH is a Hamburg-based industrial ergonomics vendor that develops and sells active exoskeletons — the S700 shoulder, B900 back, and B100 soft lumbar support — together with a companion Ergonomie-App, targeting manufacturers, logistics operators, automotive suppliers, and skilled trades across German-speaking Europe and sold direct or via GRENKE Bank leasing.

Ownership category

akta.pro rank

Product category

Industrial Exoskeletons / Workplace Ergonomics Equipment

NAICS

Electromedical and Electrotherapeutic Apparatus Manufacturing (334510)

SIC

Orthopedic, Prosthetic & Surgical Appliances & Supplies (3842), Electromedical & Electrotherapeutic Apparatus (3845)

akta.pro industry

PRIMARYHLAHAMAD

Prosthetic Components & Rehabilitation Accessories (Liners, Feet, Knees, Sockets)

Healthcare & Life Sciences/Medical Devices & Diagnostics/Rehabilitation & Mobility Aids (DME)

Keywords

• Industrial exoskeletons
• Workplace ergonomics
• Active shoulder support
• Active back support
• Musculoskeletal prevention

Headquarters

HQ city

Hamburg-wandsbek

HQ country

Germany

HQ region

Europe

Offices1 record

Markets served

GTM type

B2B

Offering type

Hardware or Manufacturing

Cost components

Technology or R&D, Supply Chain, Operations, Marketing or Sales, Personnel

Revenue model

1. Exoskeleton Hardware Sales: Direct sale of physical exoskeleton products (S700, B900, B100) to enterprise customers. Products are sold with associated software/firmware. Pricing is typically handled through sales consultation. Revenue recognized upon delivery of products.
2. Leasing/Financing: Partnership with GRENKE Bank enables customers to lease exoskeletts through flexible monthly payments. After the lease term, ownership transfers to the customer. This creates a recurring revenue stream and lowers barrier to adoption. Example: B900 at €154.97/month for 48 months, S700 at €79.80/month for 48 months.
3. Maintenance and Service: Annual maintenance services recommended for products. Includes function testing, software updates, and replacement of wear parts. Annual service package available for purchase, particularly important for heavy-use customers.
4. On-site Demonstrations and Consulting: On-site product demonstrations and consultation services for potential enterprise customers. These are offered as part of the sales process to facilitate purchase decisions.

Pricing tiers

Go-to-market motion4 records

Distribution channels3 records

Marketing channels6 records

Core offering

exoIQ develops, manufactures and sells active industrial exoskeletons that physically support workers performing overhead, lifting, and back-straining tasks in manufacturing, logistics, automotive and skilled-trade environments. Its product line comprises the pneumatic S700 shoulder exoskeleton, the electric-motor B900 back exoskeleton, the soft B100 lumbar support, and an Ergonomie-App for data-driven deployment analysis, sold directly to enterprise customers or leased via GRENKE Bank.

Product overview

exoIQ develops and sells a portfolio of exoskeleton products for workplace ergonomics. The product line includes three main offerings: the S700 active shoulder exoskeleton (pneumatic-powered, up to 15 kg support, for overhead/chest-height work, available since October 2024), the B900 active back exoskeleton (electric motor-powered, up to 30 kg support, for lifting/carrying tasks, available from July 2026), and the B100 soft back support (non-powered flexible lumbar belt for posture improvement across various work positions). An accompanying Ergonomie-App enables work process analysis and ergonomic optimization. The products serve industries including automotive, logistics, production, manufacturing, and skilled trades, and are available for purchase or leasing through GRENKE Bank financing.

Differentiator

Problem solved

Functional benefit

Products and services

• S700 Active Shoulder Exoskeleton An active shoulder exoskeleton that uses pneumatic actuation to provide up to 15 kg of active force support for overhead and chest-height work, reducing shoulder muscle activity by up to 45% while maintaining a natural, organic movement feel via an integrated mini-compressor. Targeted at industrial workers performing repetitive overhead tasks in automotive, manufacturing, logistics, production and skilled-trade environments.
• B900 Active Back Exoskeleton An active back exoskeleton powered by electric motors that delivers up to 30 kg of force support to the lower back during lifting, carrying and forward-leaning tasks, featuring a patented mechanism with a free-run mode for unrestricted walking, battery runtime up to 6 hours (3.0 Ah) and charging in under 30 minutes. Targeted at workers in logistics, manufacturing and production handling heavy loads.
• B100 Back Support A soft, flexible lumbar support belt combining rigid stabilizing elements with soft textile components that provides targeted compression and improved body awareness for standing, sitting and kneeling activities. Designed to be worn inconspicuously under clothing for improved posture and core muscle engagement across a range of work positions.
• Ergonomie-App (Ergonomics App) A companion application that analyzes workplace processes and helps identify tasks where exoskeleton support provides the greatest ergonomic benefit, supports data-driven introduction of exoskeletons and enables digital monitoring of exoskeleton usage.

Quantifiable outcome

• Up to 15 kg active force support for shoulder muscles
• +5 more outcomes

Named customers8 records

Segments6 records

Ideal customer profiles3 records

Technology focussed Yes

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Feature5 records

Partnerships

One partnership is on record.

• GRENKE BankcoreChannel Partner/ Reseller/ Distributor · 1 May 2024GRENKE Bank provides leasing/financing services for exoIQ exoskeletons. Customers can lease S700 and B900 with flexible monthly payments (example: S700 at €79.80/month, B900 at €154.97/month for 48-month terms). After the lease period, ownership transfers to the customer. This partnership enables customers who lack capital budget for direct purchase to acquire exoskeletons through financing.

Scale indicators10 records

Recent moves6 records

Expansion highlights6 records

Emerging players

• Ekso Bionics: Wearable robotic exoskeleton company with adjacent industrial (zero-G arm) and medical applications; smaller and more medical-focused but competes for the same wearable-ergonomic-assist budget.

Broad incumbents

• Sarcos Technology and Robotics: US-listed developer of industrial robotic exoskeletons (Guardian XO) targeting heavy industrial workloads; broader industrial-wearable focus with overlapping workplace ergonomic use cases.
• Ottobock: Global orthotic/prosthetic leader that has expanded into industrial exoskeletons via acquisitions (Skelex, suitX). Competes in active/passive back and shoulder exoskeletons for industrial ergonomic use.
• Cyberdyne: Japan-listed pioneer of HAL wearable robots used in industrial/logistics and care settings; broader portfolio player with overlapping active-exoskeleton technology targeting workplace physical strain.
• Comau: Industrial automation company that has commercialized a wearable exoskeleton (MATE) for automotive and assembly workers; an incumbent automotive-adjacent competitor that overlaps with exoIQ's primary automotive vertical.

Direct peers

• German Bionic: German-headquartered maker of active industrial exoskeletons (Cray X) for logistics, manufacturing, and care work — closest head-to-head competitor to exoIQ in active shoulder/back devices for industrial buyers.
• Skelex: Dutch manufacturer of back-support exoskeletons for industrial and trade applications; direct competitor in active back/lifting assistance, now within the Ottobock group but listed separately as a comparable product line.
• Levitate Technologies: US-based maker of passive arm-support exoskeletons (Airframe) for overhead work; closely comparable to exoIQ's S700 shoulder-support use case in manufacturing and construction.
• Laevo: Dutch manufacturer of passive back-support exoskeletons (exosuit/waist belt) widely used in assembly and logistics; directly comparable on ergonomic back relief in industrial settings.
• suitX (Ottobock): US-based maker of modular industrial exoskeletons (back, shoulder, leg) now part of Ottobock; competes in the same workplace ergonomic-assist category as exoIQ's S700 and B900.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat4 records

Key risks5 records

Key highlights7 records

Customer concentration

Revenue estimate

Valuation estimate

Number of profiles

Profiles3 records

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about exoIQ