Revenue and order backlog
Physical AI specialist Xiilab, led by CEOs Yoon Se-hyeok and Chae Jeong-hwan, recorded third-quarter revenue of 5.63 billion won this year. This was an increase of 46.5% from 3.84 billion won in the same period last year.
According to the company on November 14, cumulative revenue reached 8.75 billion won, up 63.9% from 5.34 billion won a year earlier. In particular, cumulative revenue from the AI infrastructure division rose 134.5% to 7.16 billion won from 3.05 billion won a year earlier, driving revenue growth.
The order backlog stood at 360.34 billion won at the end of the third quarter, approximately 102 times the 3.53 billion won recorded a year earlier. Continued orders related to AI data centers secured a basis for medium- to long-term revenue.
AI data centers and GPU operations
In its AI data center business, the company secured a range of GPU deployment projects. It won a total of 30 projects in its AI infrastructure division this year. These included a long-term supply contract for a very large AI data center and GPU deployment projects of various sizes and types.
The company has formed a Vera Rubin Professional Services team to handle the design, deployment and verification required to introduce systems based on NVIDIA's next-generation Vera Rubin GPU platform, and the team is carrying out projects. It has also expanded its business partnerships by joining the AIDC Alliance led by the Ministry of Science and ICT and signing a memorandum of understanding with global fluid technology company Watson-Marlow on cooling infrastructure cooperation.
License sales for its GPU operations solution AstraGo, which began with research institutions and universities, have expanded through IT companies to financial institutions and large corporate groups. In August, the company held the AstraGo Partner Summit 2026 for 30 major domestic resellers. It also expanded its sales channels by sharing a sales strategy that uses diagnostic results from its GPU operations diagnostic solution AstraMon to encourage AstraGo adoption.
Physical AI applications
In its physical AI business, the company is expanding the industries in which it applies digital twins. It has continued a digital twin deployment project based on NVIDIA Omniverse for a global semiconductor company for four consecutive years, while broadening its applications with orders in construction and manufacturing this year.
It also finished first in Track 4 of the global computer vision competition 2026 AI City Challenge. An AI model trained exclusively on synthetic data achieved the best performance on real-world video, demonstrating at an international competition its core physical AI capabilities for applying AI trained in virtual environments to the real world.
Xiilab CEO Yoon said, “The AI data center business we have been preparing began generating substantial orders in the third quarter. We will continue growing by reliably converting secured orders into revenue and expanding physical AI businesses, including digital twins, into a range of industries.”
Original Korean article: ZDNet Korea
English brief by Korea Wind Intelligence, koreawindintel.com
