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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…
Oct 16 (Reuters) — Aibotics Inc: Google Partner Novacore Labs And Aibotics Complete Acquisition Of Assets, Expanding Ai, Drone, Mapping And Automation Platform In Jamaica Source text:... Further company coverage: AIBT.PK (reuters.briefs@thomsonreuters.com;)
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.
AIBotics completed its acquisition of NovaCore Labs' operating assets from PlayJamaica, expanding its technology platform in Jamaica. Consideration comprised 22,500 shares of Series B Preferred Stock with an aggregate stated value of $225,000. The agreement provides for up to $3 million in additional Series B Preferred