MICROPOLIS HLDG CO. O.N.

Micropolis Robotics has signed a $9.3 million contract with AfricAI Limited for an 18‑month development program to build three bespoke unmanned ground vehicles. The models are designed for police/public safety, agriculture, and border and remote surveillance, and will be tested and validated for African operating conditions. The agreement is complemented by a three‑year sales arrangement through AfricaAI Technologie FZ LLC, granting exclusive distribution rights in ECOWAS, South Africa, the Democratic Republic of Congo and Tanzania. Micropolis has a market capitalization of around $150 million; the company was unprofitable over the past twelve months and analyst data indicate a possible overvaluation of the stock. » Más en de.investing.com

Micropolis has signed a memorandum of understanding with EDGE, the Technology Innovation Institute (TII) and SteerAI to develop an autonomous logistics platform for production sites. The plan calls for bespoke unmanned ground vehicles combined with AI‑driven software for fleet management, navigation, digital twins and operational optimization; pilot projects are planned in EDGE’s industrial zones. Micropolis, most recently with a market capitalization of USD 113.74 million and a roughly 28.9% share price increase in the prior week, reportedly has more cash than debt and a current ratio of 7.25, but was not profitable over the past twelve months. Financial details and a timeline were not disclosed by the partners. » Más en de.investing.com