CARICOM Technology Company and Google Partner NovaCore Labs Sets Course for Caribbean Expansion Under AIBotics

IDB fi di gs o egio al digital t ade ei fo ce AIBotics’ Jamaica-fi st st ategy to pu sue mappi g, d o e se vices a d automatio oppo tu ities ac oss CARICOM

MIAMI a d KINGSTON, Jamaica, Oct. 27, 2026 (GLOBE NEWSWIRE) — AIBotics, I c. (OTCID: AIBT) (“AIBotics” o the “Compa y”) today outli ed a Jamaica-fi st expa sio st ategy fo NovaCo e Labs i te ded to b i g comme cial tech ology se vices to selected ma kets ac oss the Ca ibbea Commu ity (CARICOM). Buildi g o its Octobe 14, 2026 acquisitio of specified NovaCo e ope ati g assets f om PlayJamaica Limited, AIBotics pla s to use the Jamaica ope atio ’s existi g capabilities i d o e se vices, geospatial mappi g a d automatio to develop a epeatable, locally suppo ted se vice model befo e e te i g additio al ma kets.

The oppo tu ity is i c easi gly c oss-bo de . I a Septembe 30, 2026 a alysis, the I te -Ame ica Developme t Ba k (IDB) epo ted that Lati Ame ica a d Ca ibbea expo ts of digitally delive ed se vices expa ded f om $18.5 billio i 2005 to $87.7 billio i 2024. Yet t ade amo g eco omies withi the egio accou ted fo o ly 8.4% of thei 2023 digitally delive able se vices expo ts. These b oade Lati Ame ica a d Ca ibbea figu es a e ot CARICOM-specific estimates, but they illust ate the u tapped pote tial fo p ovide s that ca se ve eighbo i g ma kets.

A Wo ld Ba k eco omic update eleased i Octobe 2026 p ojected 2.2% g owth ac oss Lati Ame ica a d the Ca ibbea fo the yea , while ide tifyi g AI adoptio , p oductivity imp oveme ts a d tech ical t ai i g as pathways to st o ge pe fo ma ce. AIBotics believes that applyi g adva ced tech ology to eal comme cial eeds—suppo ted by t ai ed pe so el a d co siste t se vice delive y—offe s a oppo tu ity i Ca ibbea ma kets eve amid modest ove all egio al eco omic g owth.

P ivate-secto activity also demo st ates the value of a established egio al ope ati g p ese ce. I August, global t avel etaile Avolta a ou ced a majo ity i vestme t i Pe ha Duty F ee G oup, a established etaile ope ati g ac oss five Ca ibbea ma kets. That sepa ate t a sactio has o co ectio to AIBotics, but illust ates how compa ies i othe i dust ies a e usi g local platfo ms a d elatio ships to pu sue g owth ac oss multiple isla d eco omies.

Fo NovaCo e, AIBotics i te ds to evaluate pote tial dema d i tou ism a d hospitality, i f ast uctu e a d p ope ty su veyi g, mappi g, facility ope atio s a d othe a eas whe e d o es, geospatial i fo matio a d obotics ca solve p actical p oblems. Rathe tha t eati g CARICOM as o e u ifo m ma ket, ma ageme t pla s to assess p ospective te ito ies i dividually based o custome dema d, pa t e s, egulatio s, staffi g a d se vice eco omics. No ew cou t y lau ch, c oss-bo de co t act o deployme t is bei g a ou ced.

“Ou goal is to make Jamaica a base f om which we ca se ve a wide Ca ibbea ma ket, ot simply a place to test tech ology,” said G ego y Moo e, Chief Executive Office of NovaCo e Labs Limited. “Busi esses ac oss the isla ds ofte face simila challe ges i mappi g, i spectio a d se vice delive y. We i te d to build depe dable capabilities he e, develop the people who ca suppo t them a d pu sue egio al custome s whe e ou se vices ca delive clea comme cial value.”

NovaCo e’s acqui ed ope ati g assets i clude comme cial d o es, se vice obots, mappi g equipme t, softwa e a d elated field capabilities. The Compa y i te ds to build o elatio ships p eviously developed with the U ive sity of Tech ology, Jamaica, a d the U ive sity of the West I dies Global Campus as it explo es wo kfo ce developme t a d tech ical t ai i g. A y ew i stitutio al p og am, additio al i vestme t o egio al e t y emai s subject to fu di g, local equi eme ts a d ecessa y ag eeme ts.

“The oppo tu ity is ot limited to the size of a y o e isla d ma ket,” said Be Kapla , Chief Executive Office of AIBotics. “The IDB’s fi di gs poi t to sig ifica t oom fo c oss-bo de digital se vices to develop. Ou focus is to build a eal ope ati g busi ess i Jamaica, establish se vices custome s will pay fo a d expa d i to additio al Ca ibbea ma kets whe dema d a d executio suppo t it.”

AIBotics i te ds to assess p og ess a d update i vesto s th ough custome oppo tu ities, ag eed se vice e gageme ts, developme t of local tech ical capacity a d p actical a a geme ts fo se vi g ew te ito ies.

About AIBoticsAIBotics, I c. is a global tech ology compa y buildi g a platfo m a ou d AI-e abled obotics, auto omous systems a d i tellige t automatio . The Compa y focuses o applyi g adva ced tech ologies to eal-wo ld e vi o me ts th ough st ategic pa t e ships, tech ology developme t a d i te atio al ma ket elatio ships. AIBotics seeks to ide tify, develop, impleme t a d scale solutio s that imp ove machi e ope atio s, automate busi ess p ocesses a d expa d the p actical use of a tificial i tellige ce i the physical wo ld. Fo mo e i fo matio , visit www.aibotics.ai.

Fo wa d-Looki g Stateme tsThis elease co tai s fo wa d-looki g stateme ts ega di g the expa sio of NovaCo e ope atio s, custome dema d, se vice offe i gs, AI a d LiDAR capabilities, wo kfo ce p og ams, egio al g owth, eve ue milesto es a d co templated capital deployme t. The i te ded US$1 millio budget is ot fully fu ded o deployed by vi tue of this a ou ceme t; fi a ci g is subject to availability a d the Compa y’s co templated Regulatio A offe i g. Co t actual ea -out th esholds a e ot fo ecasts. Pla s may be affected by fi a ci g availability, ete tio a d developme t of pe so el, t a sfe o co se t equi eme ts fo co t acts, egulato y pe missio s, custome dema d, competitio , public p ocu eme t, tech ical pe fo ma ce a d ope atio al executio . No p ojects, pa t e ships, eve ues o egio al expa sio a e gua a teed. Fo wa d-looki g stateme ts speak o ly as of the date made, subject to applicable disclosu e obligatio s.

Media a d I vesto Relatio sDavid Kugelma Atla ta Capital Pa t e s, LLCOffice: (404) 856-9157 Toll F ee: (866) 692-6847Mobile a d WhatsApp: (404) 281-8556 dk@atlcp.com