Covestro

[PUBLIC]

HQ: Leverkusen, Germany · Est. 2015 · 1 model registered

Recent press

As of Sep 2026, DEPLOY verifies Covestro: 1 model. 3 sources back the record.

Ownership

PUBLIC

Capital / Funding

Undisclosed

Headquarters

Leverkusen, Germany

IP / Patents

Undisclosed

Platform Models

1

Audited Incidents

0

Overview

Covestro is a company headquartered in Leverkusen, Germany, founded in 2015. It is listed on the Frankfurt Stock Exchange under the ticker 1COV.

Audited Posture AssessmentPeer Percentile: 54.2%

Limited public funding data for capital position assessment.

Key Facts

HeadquartersLeverkusen, Germany
Founded2015
Public/privateListed on the Frankfurt Stock Exchange under the ticker 1COV
AcquisitionADNOC acquiring Covestro for EUR 14.7B ($16.3B), Oct 2024 announcement, Frankfurt: 1COV
RoboticsHigh-performance polymer materials for robot hands, humanoid robotics supply chain, automotive applications
Financial stageAcquired (ADNOC EUR 14.7B acquisition, EUR 14.18B FY2024 sales, polymer materials leader, robotics supply chain)

Safety & Regulatory Posture

0 entries
Audited Incident & Recall Footprint

No incidents on record for Covestro.

Leadership & Founders

1 entry

Current Program Leadership & Executives

Markus Steilemannsecondary-verified

CEO

Partnerships & Commercial Deployments

0 entries
Total Tracked0
Operating0
Announced0
Concluded0

FAQ

10 entries
What is Covestro?

Covestro is a company headquartered in Leverkusen, Germany, founded in 2015. It is listed on the Frankfurt Stock Exchange under the ticker 1COV.

What does Covestro make?

Covestro has 1 robot model on the DEPLOY registry: Covestro Polyurethane Material (Covestro builds physical robots).

Is Covestro publicly traded?

Covestro is not an independent public company; it has been acquired, per the DEPLOY registry.

Who is the CEO of Covestro?

Markus Steilemann is the ceo of Covestro, per the DEPLOY registry.

How can I invest in Covestro?

Covestro has no separately traded stock; it has been acquired.

Who owns Covestro?

Covestro has been acquired and is no longer independently owned.

Where does Covestro operate robots?

Covestro is a robot manufacturer and does not directly operate deployments on the DEPLOY registry. Its products are deployed by customer operators; see the company page for the verified deployment record.

Is Covestro a top robotics company?

On DEPLOY's intelligence score, which blends verified deployments, funding, hiring, media, safety, and IP signals, Covestro ranks in roughly the top 46% of companies tracked by the registry.

When was Covestro founded?

Covestro was founded in 2015.

Is Covestro safe?

Covestro has no incidents on record in the DEPLOY registry. This does not constitute a safety guarantee; it reflects the incidents DEPLOY has tracked and verified to date.