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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. (OTCID: AIBT) has completed its acquisition of NovaCore Labs' operating assets from PlayJamaica Limited, gaining drone, mapping, robotics equipment, and intellectual property to expand its AI and automation platform across Jamaica and the Caribbean region. The deal includes 22,500 shares of Series B Preferred Stock valued at $225,000, plus potential earn-out payments up to $3.0 million based on revenue milestones.

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