Novacore Labs and AIBotics Complete Asset Acquisition
The acquisition adds the NovaCore brand, intellectual property, software, customer data, contracts, drone and mapping assets, and operating capabilities. The companies plan to expand institutional programs in Jamaica and the Caribbean.
Story updates
08:57:11 PM UTC
SquawkNews
AIBotics completed the purchase of NovaCore Labs’ operating assets from PlayJamaica for 22,500 Series B preferred shares ($225K) plus up to $3.0M earn-out, adding robots, drones, mapping gear and the NovaCore brand to expand in Jamaica and CARICOM.Material DetailsContext by AI AnalystThis is an ear…