Compa y app oaches a pivotal stage as yea s of tech ology developme t, st ategic acquisitio s a d i te atio al elatio ships co ve ge i to a u ified g owth st ategy
P oposed Empulse acquisitio b i gs i te atio al i vesto Pat ick Tsa g a d oppo tu ities i defe se tech ology, auto omous systems a d wi eless powe
Ma ageme t demo st ates co fide ce i AIBotics’ futu e th ough i side debt-to-equity co ve sio s
MIAMI, Nov. 03, 2026 (GLOBE NEWSWIRE) — AIBotics, I c. (OTCID: AIBT) (“AIBotics” o the “Compa y”) today issued the followi g lette to sha eholde s f om Chai ma a d Chief Executive Office Be Kapla , highlighti g the Compa y’s ece t accomplishme ts, expa di g oppo tu ities i a tificial i tellige ce, obotics a d u ma ed tech ologies, a d ma ageme t’s belief that AIBotics is app oachi g a pivotal stage i executi g its lo g-te m busi ess pla .
I believe AIBotics is e te i g o e of the most exciti g a d co seque tial pe iods i its developme t.
Fo yea s, we have wo ked to build a tech ology compa y focused o a tificial i tellige ce, obotics, u ma ed systems a d i tellige t automatio . We have i vested co side able time a d esou ces i developi g tech ologies, ide tifyi g acquisitio s, establishi g i te atio al elatio ships a d assembli g the capabilities eeded to compete i apidly g owi g ma kets.
Today, those effo ts a e begi i g to come togethe .
We believe AIBotics is app oachi g a impo ta t i flectio poi t — t a sitio i g f om developi g ou busi ess st ategy a d assembli g the pieces to putti g those capabilities to wo k i comme cial ma kets.
Ove the past seve al mo ths, we completed the acquisitio of NovaCo e Labs’ ope ati g assets i Jamaica, e te ed i to a defi itive ag eeme t to acqui e Empulse E te p ises LLC, expa ded ou elatio ship with Ult obotix i Is ael a d adva ced ou PHILL ROBOT ma ufactu i g p og am.
We have also att acted Pat ick Tsa g, a i te atio al i vesto a d e t ep e eu with mo e tha two decades of expe ie ce i capital ma kets, me ge s a d acquisitio s, co po ate developme t a d eme gi g tech ologies.
These developme ts a e pa t of a u ified st ategy to b i g togethe tech ologies, i tellectual p ope ty, ope ati g capabilities, expe ie ced leade ship a d access to capital u de o e co po ate st uctu e.
Ou objective is to build a dive sified tech ology compa y positio ed to pa ticipate i the expa di g ma kets fo obotics, d o es, i tellige t automatio a d auto omous systems.
A tificial i tellige ce is t a sfo mi g how busi esses ope ate. We believe the ext majo oppo tu ity lies i b i gi g that i tellige ce i to the physical wo ld th ough obotics, d o es a d auto omous machi es.
Comme cial d o es a e bei g deployed fo i f ast uctu e i spectio , mappi g, su veyi g, ag icultu e a d specialized se vices. Robotics is expa di g i to food p oductio , logistics, hospitality, well ess a d othe i dust ies. Defe se o ga izatio s a e also i c easi g thei emphasis o u ma ed platfo ms a d auto omous tech ologies.
These developme ts c eate oppo tu ities fo compa ies capable of combi i g a tificial i tellige ce with p actical tech ologies that solve eal-wo ld p oblems.
Ou st ategy is ot depe de t o a si gle p oduct. We a e buildi g a po tfolio of compleme ta y tech ologies a d busi ess oppo tu ities ac oss comme cial obotics, d o e se vices, i tellige t automatio , wi eless powe a d auto omous systems.
We believe the combi atio of these capabilities could become i c easi gly valuable as busi esses a d gove me ts accele ate thei adoptio of i tellige t automatio .
Ou acquisitio of NovaCo e Labs’ ope ati g assets i Jamaica ep ese ts a impo ta t step towa d establishi g comme cial ope atio s.
The acqui ed assets i clude 10 se vice obots, six comme cial d o es, th ee field ge e ato s, Google St eet View mappi g equipme t a d a dedicated mappi g vehicle, alo g with softwa e, i tellectual p ope ty, ope ati g methodologies, custome i fo matio a d elated busi ess assets.
These capabilities p ovide a fou datio fo pu sui g oppo tu ities i comme cial d o e se vices, geospatial mappi g, obotics a d i tellige t automatio .
We believe Jamaica offe s att active oppo tu ities i tou ism, i f ast uctu e, comme cial developme t a d gove me t se vices. Ou objective is to establish NovaCo e as a comme cial tech ology-se vices busi ess, develop payi g custome s a d expa d i to othe Ca ibbea Commu ity (CARICOM) ma kets.
As we build custome elatio ships a d a eco d of comme cial pe fo ma ce, we believe these se vices could be eplicated ac oss additio al Ca ibbea ma kets, c eati g oppo tu ities fo egio al g owth.
The acquisitio has al eady eceived egio al atte tio , i cludi g cove age i The Jamaica Glea e .
We view NovaCo e as mo e tha a acquisitio of tech ology a d equipme t. It p ovides a fou datio fo developi g a ope ati g busi ess with eve ue pote tial a d oppo tu ities fo geog aphic expa sio .
Ou defi itive ag eeme t to acqui e Empulse E te p ises LLC ep ese ts a othe impo ta t developme t i AIBotics’ evolutio .
Fou ded by Pat ick Tsa g, Empulse is developi g tech ologies fo defe se a d dual-use applicatio s, i cludi g wi eless powe , auto omous systems, u ma ed platfo ms a d tech ologies i te ded to exte d the ope atio al capabilities of i tellige t machi es.
We believe the futu e of auto omous systems will i c easi gly depe d o th ee c itical capabilities: Powe . Pe siste ce. Auto omy.
A tificial i tellige ce ca make a d o e o obotic platfo m mo e capable, but those capabilities have limited value if the system ca ot emai ope atio al lo g e ough to complete its missio .
Empulse ‘s tech ology st ategy add esses challe ges i volvi g powe delive y, ope atio al e du a ce a d auto omous ope atio — a eas we believe ep ese t substa tial oppo tu ities i defe se, c itical i f ast uctu e a d comme cial ma kets.
Equally impo ta t is the i volveme t of Pat ick Tsa g.
Pat ick is chai ma of Tsa g G oup, a fou th-ge e atio si gle-family office with i te ests i tech ology, eal estate, atu al esou ces a d othe i vestme ts. His ca ee spa s mo e tha two decades of i te atio al i vesti g, capital fo matio , me ge s a d acquisitio s, a d co po ate developme t.
He has established exte sive busi ess a d i vestme t elatio ships ac oss Asia, Eu ope, the Middle East a d No th Ame ica.
His backg ou d i cludes a ea ly-stage i vestme t i Pulse Evolutio i 2018, whe e he also se ved as a st ategic advise . Pulse subseque tly became pa t of FaceBa k G oup, which completed its me ge with fuboTV i 2020, esulti g i a compa y t aded o the New Yo k Stock Excha ge.
Pat ick is also a qualified solicito i E gla d a d Wales a d Ho g Ko g, atte ded Ha va d Busi ess School’s Ow e /P eside t Ma ageme t p og am a d is the autho of The Global Citize .
We believe his expe ie ce, i te atio al elatio ships a d u de sta di g of capital ma kets could be i valuable as AIBotics pu sues fi a ci g, st ategic pa t e ships a d additio al g owth oppo tu ities.
Pat ick has joi ed AIBotics as a st ategic advise . Subject to completio of the Empulse acquisitio , applicable app ovals a d othe co ditio s, he is expected to assume the oles of chief executive office a d di ecto .
I am e thusiastic about the pote tial fo Pat ick to help lead AIBotics th ough its ext stage of developme t. His combi atio of fi a cial expe ie ce, i te atio al elatio ships a d e t ep e eu ial expe tise alig s with ou objective of buildi g a tech ology compa y capable of ope ati g ac oss multiple ma kets.
The p oposed acquisitio also i co po ates a pe fo ma ce-based st uctu e. U de the ag eeme t, AIBotics would issue Se ies C p efe ed stock with a agg egate stated value of up to $22 millio , with 90% of the maximum co side atio tied to 10 specified milesto es ove 36 mo ths.
These milesto es i clude i tellectual-p ope ty developme t, tech ology demo st atio s, flight testi g, pa ticipatio i testi g o pilot p og ams a d specified eve ue objectives.
The t a sactio emai s subject to closi g co ditio s, a d Empulse ‘s tech ologies will equi e additio al developme t, testi g, fi a ci g a d comme cializatio .
We believe the combi atio of Empulse ‘s tech ology st ategy a d Pat ick’s i te atio al busi ess expe ie ce could become a impo ta t catalyst fo AIBotics’ futu e g owth.
We emai committed to adva ci g PHILL ROBOT, ou AI-e abled massage a d well ess obotic platfo m.
Although PHILL has expe ie ced developme t delays a d seve al false sta ts, the additio al wo k has allowed us to efi e the p oduct, evaluate ma ufactu i g alte atives a d st e gthe its fou datio fo comme cializatio .
Th ough ou elatio ship with 3DX I dust ies, we a e adva ci g a i itial five-u it pilot p og am i te ded to establish ma ufactu i g p ocedu es, compo e t p oductio , assembly methods, system i teg atio a d quality sta da ds.
This ep ese ts a impo ta t step towa d the ma ufactu i g validatio ecessa y fo epeatable p oductio .
We have also co ti ued p otecti g the PHILL ROBOT t adema k a d elated i tellectual p ope ty, which we believe ep ese t valuable lo g-te m co po ate assets.
Ou objective is to complete the emai i g developme t a d validatio wo k a d positio PHILL fo comme cial i t oductio whe it is eady.
We co ti ue to believe the expa di g ma ket fo i tellige t pe so al-se vice a d well ess obotics p ese ts a mea i gful oppo tu ity fo AIBotics.
Ou elatio ship with Ult obotix Ltd. i Is ael p ovides additio al oppo tu ities i comme cial a d i dust ial automatio .
Ult obotix has begu wo ki g with a Is aeli food ma ufactu e to evaluate obotic solutio s fo selected p oductio -li e activities. AIBotics expects to assist i ide tifyi g a d evaluati g obotic tech ologies a d supplie s that could add ess these eeds.
Food ma ufactu i g ep ese ts a p omisi g a ea fo automatio because of epetitive tasks, labo equi eme ts a d the impo ta ce of co siste cy a d efficie cy.
Although these activities emai explo ato y, they demo st ate how ou i te atio al elatio ships may c eate oppo tu ities to pa ticipate i the comme cial deployme t of adva ced obotics.
We i te d to co ti ue ide tifyi g tech ologies, ma ufactu e s a d pa t e s capable of helpi g us expa d i to p actical applicatio s fo i tellige t automatio .
We have also take steps to st e gthe ou fi a cial positio a d demo st ate ma ageme t’s co fide ce i AIBotics’ futu e.
As ece tly a ou ced, i depe de t di ecto Ma k C oske y a d I co ve ted debt owed to us by AIBotics i to sha es of the Compa y’s commo stock.
We chose to accept equity athe tha epayme t because we believe i AIBotics’ lo g-te m p ospects. These t a sactio s elimi ated co espo di g liabilities, p ese ved cash a d fu the alig ed ou i te ests with those of ou sha eholde s.
Looki g ahead, we i te d to aise additio al capital to execute ou busi ess pla , adva ce ou tech ologies a d expa d comme cial ope atio s.
Capital i vestme t has bee fu dame tal to the developme t of leadi g tech ology compa ies such as Apple, Alphabet, Tesla a d SpaceX. These compa ies have used capital to develop tech ologies, build i f ast uctu e a d expa d thei busi esses.
While AIBotics ope ates o a substa tially diffe e t scale, the u de lyi g p i ciple is the same: Capital, whe deployed effectively, ca t a sfo m p omisi g tech ologies i to ope ati g busi esses a d c eate lo g-te m e te p ise value.
We i te d to pu sue fi a ci g that suppo ts ou st ategic i itiatives, adva ces comme cializatio a d st e gthe s ou ope ati g capabilities.
We ecog ize that aisi g capital i volves costs, isks a d pote tially additio al sha e issua ces. Ou espo sibility is to allocate capital ca efully towa d oppo tu ities we believe ca i c ease AIBotics’ eve ue pote tial a d lo g-te m value.
Whe I look at AIBotics today, I see a compa y that has made co side able p og ess towa d assembli g the eleme ts of a much b oade e te p ise.
We have acqui ed d o e, obotics a d mappi g assets that ca suppo t comme cial ope atio s i the Ca ibbea .
We have e te ed i to a defi itive ag eeme t that could expa d ou capabilities i to defe se a d dual-use tech ologies.
We have att acted Pat ick Tsa g, whose expe ie ce a d i te atio al elatio ships could become impo ta t esou ces fo futu e g owth.
We a e adva ci g PHILL ROBOT towa d ma ufactu i g validatio a d pote tial comme cializatio .
We have established i te atio al elatio ships that could c eate additio al oppo tu ities i comme cial a d i dust ial obotics.
A d we have st e gthe ed ou bala ce sheet while p epa i g to pu sue the capital ecessa y to adva ce ou pla s.
These a e the pieces we have spe t yea s wo ki g to put i place. We believe we a e app oachi g the stage whe they ca begi comi g togethe i to ope ati g busi esses, comme cial elatio ships a d eve ue-ge e ati g oppo tu ities.
Ou immediate p io ities a e to expa d NovaCo e’s comme cial activities, complete the p oposed Empulse acquisitio , adva ce tech ology-developme t milesto es, move PHILL towa d comme cializatio a d secu e fi a ci g to suppo t these objectives.
We expect the ext phase of AIBotics’ developme t to place i c easi g emphasis o measu able esults.
Ou success will be dete mi ed by ou ability to att act custome s, ge e ate eve ue, comme cialize tech ologies a d imp ove fi a cial pe fo ma ce.
The e is still co side able wo k ahead, a d executi g ou st ategy will equi e additio al capital, discipli ed ma ageme t a d co ti ued tech ological developme t.
Neve theless, I believe the oppo tu ity befo e us is substa tially g eate tha whe we bega assembli g this busi ess.
The tech ologies a e adva ci g. The ma kets a e expa di g. Ou elatio ships a e g owi g. A d the eleme ts of ou busi ess pla a e i c easi gly comi g togethe .
I wa t to close by exp essi g my co fide ce i AIBotics’ di ectio a d my app eciatio to the sha eholde s who have suppo ted us.
Ma k C oske y a d I have demo st ated ou commitme t by accepti g equity i place of amou ts owed to us. Pat ick Tsa g’s i volveme t ep ese ts a othe sig ifica t step towa d att acti g the expe ie ce a d elatio ships we believe ca accele ate ou developme t.
Ou ambitio s a e suppo ted by ta gible assets, tech ology-developme t p og ams, st ategic ag eeme ts a d busi ess oppo tu ities that we a e wo ki g to b i g to f uitio .
I believe AIBotics is close tha eve to ealizi g the busi ess we set out to build.
Ou visio is to c eate a tech ology compa y with mea i gful pa ticipatio i the apidly evolvi g ma kets fo a tificial i tellige ce, obotics, d o es, auto omous systems a d i tellige t automatio .
We believe the fou datio is taki g shape a d the ext phase of developme t offe s the pote tial to t a slate yea s of p epa atio i to mea i gful comme cial p og ess.
We have spe t yea s p epa i g fo this oppo tu ity.
Now ou focus is o executio — tu i g the tech ologies, assets a d elatio ships we have assembled i to ope ati g busi esses a d lo g-te m sha eholde value.
O behalf of ou boa d of di ecto s a d ma ageme t team, tha k you fo you co ti ued i te est, co fide ce a d suppo t.
AIBotics, 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 how machi es ope ate, automate busi ess p ocesses, a d exte d the p actical applicatio of a tificial i tellige ce i to the physical wo ld. Th ough a scalable, pa t e ship-d ive model, AIBotics is buildi g a dive sified obotics a d auto omous-systems platfo m desig ed to suppo t comme cial, i dust ial a d othe missio -d ive applicatio s ac oss global ma kets. Fo mo e i fo matio o AIBotics, visit www.aibotics.ai
This elease co tai s fo wa d-looki g stateme ts ega di g Ult obotix’s p elimi a y ma ufactu i g obotics evaluatio , pote tial pilots o deployme t, its sepa ate AI Food Tech ologist p oof of co cept, PHILL developme t, t adema k p otectio , ma ufactu i g a d comme cializatio , NovaCo e ope atio s, the p oposed Empulse acquisitio a d busi ess expa sio . Ult obotix’s ma ufactu e elatio ship is explo ato y a d o -bi di g; AIBotics is ot a pa ty. Ult obotix’s AI tech ology emai s ea ly-stage a d is sepa ate f om AIBotics’ obotics evaluatio ole. No pilot, equipme t pu chase, deployme t, PHILL lau ch o eve ue is assu ed. Results may diffe mate ially due to tech ical, egulato y, fi a cial, i tellectual-p ope ty, ope atio al a d custome -adoptio isks. Fo wa d-looki g stateme ts speak o ly as of thei date a d a e subject to the Compa y’s SEC disclosu es.
David L. Kugelma Atla ta Capital Pa t e s, LLC(404) 856-9157 Officedk@atlcp.com
