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. NovaCore intends to expand institutional programs with the University of the West…
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03:04:14 PM UTC
SquawkNews
AIBotics completed the purchase of NovaCore Labs assets from PlayJamaica for 22,500 Series B preferred shares valued at $225,000, with an earn-out of up to $3.0M in preferred stock over four years tied to revenue milestones.Material DetailsContext by AI AnalystThis is an early-stage expansion move…