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Google Partner Novacore Labs and AIBotics Complete Acquisition of Assets, Expanding AI, Drone, Mapping and Automation Platform in Jamaica

GlobeNewswire Inc.·
Google Partner Novacore Labs and AIBotics Complete Acquisition of Assets, Expanding AI, Drone, Mapping and Automation Platform in Jamaica

AIBotics, Inc. completed its acquisition of NovaCore Labs' operating assets from PlayJamaica Limited, gaining drone systems, mapping equipment, robotics, and intellectual property. The deal, valued at $225,000 in Series B Preferred Stock with potential earn-outs up to $3.0 million based on revenue milestones, positions AIBotics to expand AI, drone, and automation services across Jamaica and the Caribbean region.

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