GMEX Robotics enters into Letter of Intent to Acquire Equity Interest of a California based Robotics and Industrial AI company, Creating a N

Acquisition would eliminate critical wireless bottlenecks in autonomous robot fleets, accelerating GMEX Robotics’ transition to high-margin robotics software subscription revenue SYDNEY, Australia, July 06, 2026 (GLOBE NEWSWIRE) -- GMEX Robotics Corporation (NASDAQ: GMEX ) ("GMEX Robotics" or the "Company"), a developer of AI-powered robotic technologies, today announced that it has entered into a Letter of Intent (the "LOI") to acquire certain equity interest of a California based company, a pioneer in physical AI connectivity solutions and wireless Systems-on-Chip (SoC) technology for autonomous systems. This transaction is expected to represent a major strategic milestone in GMEX Robotics’ Transportation & Logistics strategy by addressing one of the most significant infrastructure challenges limiting the scalability of warehouse automation: latency and unreliable wireless connectivity.