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DDB AG acquires Singapore drone maker Infinium Robotics in share deal worth up to $22 million

The German-listed investment company paid entirely in new shares, issuing up to 20.5 million of them at EUR 1.00 each for a warehouse-drone business it first agreed to take in more than a year earlier.

ASAcquired deals deskSoutheast Asia29 June 2026 · 3 min read
DDB AG acquires Infinium Robotics
Photo: Tessa Bury / Wikimedia Commons, CC BY 4.0

Deutsche Defence Beteiligungen AG (DDB AG), an investment company listed in Germany, completed its acquisition of Infinium Robotics Pte. Ltd., a Singapore company that builds autonomous indoor drones for counting warehouse inventory. The deal was announced on June 29, 2026.

DDB AG took over all 2,395,455 Infinium shares from the existing shareholders. Instead of paying cash, it issued up to 20,548,847 new DDB AG shares at EUR 1.00 each. That puts the value of the transaction at up to EUR 20.5 million, or about $22 million. Singapore reports gave the figure as roughly SGD 30.6 million, and Malaysian outlets as RM 95.6 million.

Infinium chief executive Jon Woon said the price was backed by an independent valuation and that the deal followed German regulatory requirements. It was disclosed through exchange channels and the Federal Gazette, Germany's official register for company notices. Woon called the deal a defining moment for a company that started in Singapore and is now trying to grow abroad.

What Infinium Robotics built

Infinium develops drones that fly inside warehouses and scan stock without a pilot. The aim is to automate stocktaking, a task the company describes as essential to supply chains but still largely done by hand. According to the company, its main system can run around the clock with little human input, recording inventory continuously and feeding the data back to operators.

A 2025 disclosure from DDB AG, then still called Strategie Kapital AG, said Infinium had existed since 2013, held its own patents for autonomous drone technology, including one for navigation without GPS, and served both commercial and defence customers. The same notice named Coca-Cola, DHL and Chevron as users of its scanning systems and reported growth of about 360% over the previous year.

In Singapore, Infinium said it had long-running deployments at industrial and energy-sector sites, where customers reported savings of more than 80% on stocktaking costs. Malaysian reports said its drones also run in warehouses in Shah Alam, Subang Jaya and Penang, operated by telecom companies and logistics providers.

“This is a defining moment for Infinium as a Singapore-founded company scaling internationally. Our integration into a European listed platform reflects not only the maturity of our technology, but also the growing global demand for intelligent automation solutions originating from Asia.”Jon Woon, CEO, Infinium Robotics

A deal more than a year in the making

The acquisition was first set in motion in March 2025. On March 20 of that year, Strategie Kapital AG published an ad hoc notice saying it had signed a contract for Infinium Robotics to be contributed to the company through a capital increase, and that its supervisory board had already approved the step. No value or share count was given at the time.

The June 2026 announcement described the transaction as legally completed and supplied the terms for the first time. The Cottbus-based company has since been renamed Deutsche Defence Beteiligungen AG. Its shares trade under the ticker S14 and the ISIN DE000A2BPHP3. It describes itself as an investor that mixes security-oriented and opportunity-oriented holdings for long-term value.

Why Infinium wanted a listed parent

Woon presented the deal as a way to reach new markets, and Europe in particular. He said joining a German-listed group would help Infinium scale and strengthen its partnerships, and described Europe as a key market for industrial automation. Infinium has deployed its drones in Asia and Australia and now plans to sell in Europe.

Malaysian coverage also quoted Woon as saying the company plans to grow its footprint in Malaysia as part of its Asia-Pacific strategy. Neither company said how many people Infinium employs or how much outside funding it had raised before the sale.

Automation in the warehouse

Infinium pitched its systems on three points: lower counting costs, better visibility of stock, and safer working conditions. It said customers, including Fortune 500 companies and smaller firms, reported shorter counting times and lower costs. The company said its technology was developed in Singapore by a team of engineers, doctorate holders and professors, and it targets customers in logistics, manufacturing and supply chain operations.

The earlier DDB AG disclosure said Infinium serves defence as well as commercial customers, and that its drones support large logistics centres and the military. The June announcement did not set out how DDB AG plans to manage Infinium within its portfolio or whether further capital will follow.

Sources