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Micropolis AI Robotics and QSS Robotics Sign Letter of Intent to Procure 500 Robots and Expand Autonomous Robotics Technologies in the Kingdom of Saudi Arabia
Globenewswire· 2025-12-03 13:00
Core Insights - Micropolis AI Robotics has signed a non-binding Letter of Intent with QSS Robotics to collaborate on the distribution and deployment of its technologies in Saudi Arabia [1][2][4] Group 1: Strategic Collaboration - The LOI establishes a framework for cooperation, including commercial representation, joint engagement with customers, and after-sales support [2][3] - QSS Robotics will act as Micropolis' commercial and technical partner, integrating solutions and supporting deployments in Saudi Arabia [3][4] Group 2: Pilot Projects - A pilot project is planned with the Ministry of Interior in Saudi Arabia, focusing on demonstrating Micropolis' autonomous patrol capabilities and AI-powered security analytics [5][6] - Upon successful completion of the pilot, QSS has expressed intent to procure up to 500 autonomous robots over two years, contingent on a definitive Supply Agreement [6] Group 3: Regional Technology Localization - The collaboration aligns with the objectives of the UAE and Saudi Arabia to localize advanced robotics and AI systems, aiming to create a sustainable operational footprint in the Kingdom [7] Group 4: Company Background - Micropolis specializes in the design and manufacturing of unmanned ground vehicles, AI systems, and smart infrastructure for various applications [8] - QSS Robotics focuses on delivering advanced robotics and automation solutions in Saudi Arabia, partnering with global innovators [9]
Micropolis Holding Company (NYSEAM:MCRP) 2025 Extraordinary General Meeting Transcript
2025-11-28 14:02
Summary of Micropolis Holding Company 2025 Extraordinary General Meeting Company Overview - **Company Name**: Micropolis Holding Company - **Proposed New Name**: Micropolis AI Robotics - **Meeting Date**: November 28, 2025 Key Points Industry and Company Name Change - The company proposed a name change from Micropolis Holding Company to Micropolis AI Robotics as Proposal 1A, which requires a special resolution approved by a majority of not less than two-thirds of the votes cast by shareholders present and voting [9][10] - Proposal 1B involves replacing all references to the old name in the company's memorandum and articles of association with the new name [10][11] Voting and Shareholder Participation - A quorum was established with two shareholders present, representing not less than one-third of the total issued voting shares [7][9] - A total of **34,888,447** ordinary shares were issued and outstanding as of the record date [5] - **20,429,191** ordinary shares entitled to vote were represented at the meeting, comprising **58.56%** of the outstanding shares [14] Voting Results - For Proposal 1A, **20,420,138** shares voted in favor, constituting more than two-thirds of the votes [14][15] - For Proposal 1B, **20,420,122** shares voted in favor, also constituting more than two-thirds of the votes [14][15] - Proposal 2, which allows the chairman to adjourn the meeting if necessary, received **20,378,622** votes in favor, meeting the majority requirement [15] Meeting Conclusion - The special resolutions for both Proposal 1A and Proposal 1B were approved [17] - The meeting concluded without any objections, and all business was declared finished [17] Additional Important Information - The meeting was chaired by CEO Fareed Aljawhari, with Ms. Wingit Chan serving as the secretary [4] - The presence of a certified list of shareholders was confirmed, ensuring proper voting procedures [5] - The meeting included procedural steps to ensure compliance with the Companies Act Revised of the Cayman Islands [10]
Micropolis Robotics Unveils New Industrial-Grade, IP67-Rated Computing Module Powered by NVIDIA for Advanced AI Processing of its Robots
Globenewswire· 2025-11-18 13:45
Core Insights - Micropolis Holding Co. has launched a new industrial-grade, IP67-rated Edge Computing Unit powered by NVIDIA Orin SOC, designed for high-performance, low-latency AI processing on its Microspot platform [1][4] - The new Edge Computing Unit enhances the capabilities of Micropolis's autonomous robots and fixed installations, enabling advanced AI applications in law enforcement, border control, and national security without relying on cloud connectivity [2][4] - The units can operate as a distributed edge network, improving situational awareness and operational resilience across large areas [3] Company Overview - Micropolis is a UAE-based developer specializing in autonomous mobile robots and AI-driven security solutions, with a focus on unmanned ground vehicles (UGVs) and smart infrastructure [5] - The company has been a member of the NVIDIA Inception Program since 2022, integrating advanced AI acceleration technologies into its systems [2] Product Features - The Edge Computing Unit is designed for durability and field readiness, featuring industrial-grade Ethernet for high-speed data flow and secure, low-latency processing [6] - Multiple performance configurations are available for clients, including options of 8 GB, 16 GB, 32 GB, and 64 GB to meet diverse operational requirements [6]
Micropolis to Participate in DRIFTx Exhibition, Abu Dhabi’s Flagship Exhibition for Smart and Autonomous Mobility
Globenewswire· 2025-11-06 14:00
Core Insights - Micropolis Holding Co. will participate in DRIFTx, Abu Dhabi's premier exhibition for smart and autonomous mobility, from November 10-12, 2025 [1][2] - The company specializes in unmanned ground vehicles (UGVs) and AI-driven security solutions, showcasing its robotics models at the event [1][2][3] Company Overview - Micropolis is based in the UAE and focuses on the design, development, and manufacturing of UGVs, AI systems, and smart infrastructure for various applications [3] - The company's capabilities include mechatronics, embedded systems, AI software, and high-level autonomy [3] Exhibition Details - The DRIFTx event will take place at Yas Marina Circuit, where Micropolis will exhibit its advanced robotics models [2] - Fareed Aljawhari, the Founder & CEO, expressed enthusiasm about participating in the event and highlighted the company's leadership in innovation [2]
Micropolis to Showcase AI Security Solutions at ADNOC Workshop on November 10th
Globenewswire· 2025-10-31 13:00
Core Insights - Micropolis Holding Co. will participate in ADNOC's Workshop on AI Security on November 10, 2025, showcasing its advancements in unmanned ground vehicles and AI-driven security solutions [1][4]. Group 1: Company Overview - Micropolis specializes in the design, development, and manufacturing of unmanned ground vehicles (UGVs), AI systems, and smart infrastructure for various applications, including urban, security, and industrial sectors [5]. - The company has vertically integrated capabilities that encompass mechatronics, embedded systems, AI software, and high-level autonomy [5]. Group 2: Event Participation - At the workshop, Micropolis will present its latest robotics and AI-powered security solutions, including off-road autonomous systems, autonomous mobile robots (AMRs), and edge-based AI surveillance platforms [2]. - The company will conduct live equipment demonstrations at a dedicated booth during the event [2]. Group 3: Technological Advancements - Micropolis will brief ADNOC's leadership on its technological advancements, field use cases, and results from recent site tests, highlighting how its systems can automate surveillance and enhance security [3]. - The company's off-road autonomous system aims to improve safety and operational efficiency in remote and high-security environments within the oil and gas sector [4]. Group 4: Strategic Importance - This participation signifies a milestone in Micropolis's expansion into the oil and gas industry, aligning with the UAE's national strategy for digital transformation and sustainability [4].
Micropolis Announces Financial Results for the Six Months Ended June 30, 2025 and Provides Business Update
Globenewswire· 2025-10-24 13:01
Core Insights - Micropolis Holding Co. completed its Initial Public Offering (IPO) at $4.00 per share, raising $15.5 million in gross proceeds, and began trading on NYSE American under the ticker symbol "MCRP" on March 7, 2025 [1][8] - The company has established several strategic partnerships and agreements to enhance its robotics and AI capabilities, including collaborations with SEE Holdings for Sustainable City 2.0 and Hader Security and Communication Systems [3][8] - Micropolis showcased its next-generation robotics portfolio at various industry events, including the Airport Show 2025 and GITEX GLOBAL 2025, highlighting its innovations in autonomous vehicles and AI-driven security solutions [3][8] Financial Highlights - As of June 30, 2025, Micropolis had approximately $4.2 million in cash and cash equivalents, with around 32.1 million basic and diluted weighted average number of ordinary shares outstanding [5] - The company entered into a securities purchase agreement for $5 million with an institutional investor after the reporting period [5] Business Developments - The company launched the final phase of its autonomous police patrol pilot in collaboration with Dubai Expo City, Dubai Police, and Transguard Group, focusing on real-world testing of its M2 platform [3][8] - Micropolis signed an exclusive distribution agreement with AERXIO for expansion into Egypt and North Africa, aiming to address security challenges in high-growth regional markets [3][8] - An agreement was signed with Helsingborgs Hamn AB and MCS Robotics to develop and test the 'Box Cleaner' robot for port and industrial environments [2][8] Strategic Partnerships - Micropolis established a strategic partnership with Hader Security and Communication Systems to integrate AI and robotics technologies with advanced communications capabilities [3][8] - The company signed a Memorandum of Understanding (MOU) with Emirates Steel (EMSTEEL) to further its robotics initiatives [1][3][8] Industry Engagement - Micropolis showcased its advanced border control robotic platforms at the Airport Show 2025, presenting specialized autonomous vehicles to the UAE National Guard [3][8] - The company demonstrated its leadership in environmental solutions with the Robotic Forestry Unit at ADNOC Safety Day 2025 [3][8]
Micropolis Signs Agreement with Helsingborgs Hamn AB and MCS Robotics to Develop and Test the ‘Box Cleaner’ Robot
Globenewswire· 2025-10-21 13:00
Core Insights - Micropolis Holding Co. has signed an agreement with Helsingborgs Hamn AB and MCS Robotics AB to develop and test the 'Box Cleaner', an autonomous robotic cleaning system for port and industrial environments [1][3][4] Group 1: Product Development - The Box Cleaner is built on Micropolis' M2 platform and utilizes proprietary control systems, AI-driven navigation, and edge-computing architecture [1][3] - The robot is designed for autonomous operation, focusing on precision cleaning while minimizing water usage, energy consumption, and labor costs [3][4] Group 2: Collaboration and Testing - The collaboration aims to validate the Box Cleaner's capabilities in real-world port operations at Helsingborgs Hamn, known for its technological advancements and sustainability efforts [4][5] - The trial will optimize the robot's performance in outdoor and semi-industrial conditions, particularly on large paved surfaces and container areas [4] Group 3: Strategic Goals - The partnership highlights the potential of international collaboration to accelerate the deployment of robotic solutions in marine logistics [5] - The initiative aims to advance sustainable innovation in port management and industrial cleaning, setting benchmarks for future automation technologies [5]
Micropolis and Dubai Police Announce Official Deployment of the Autonomous Police Patrol at Global Village
Globenewswire· 2025-10-14 13:20
DUBAI, United Arab Emirates, Oct. 14, 2025 (GLOBE NEWSWIRE) -- Dubai Police and Micropolis Holding Co. (“Micropolis”, “Micropolis Robotics”, or the “Company”) (NYSE: MCRP), a pioneer in unmanned ground vehicles and AI-driven security solutions, today announced the official deployment of the Autonomous Police Patrol at Dubai Global Village. This groundbreaking initiative marks a significant milestone in Dubai Police’s ongoing strategy to integrate advanced technologies and artificial intelligence into public ...
Micropolis and Dubai Police Announce Official Deployment of the Autonomous Police Patrol at Global Village
Globenewswire· 2025-10-14 13:20
Core Insights - The deployment of the Autonomous Police Patrol by Dubai Police and Micropolis Holding Co. marks a significant advancement in integrating AI and advanced technologies into public safety operations, positioning Dubai as a leader in smart policing and urban security innovation [2][4]. Company Overview - Micropolis Holding Co. specializes in unmanned ground vehicles (UGVs), AI systems, and smart infrastructure for urban, security, and industrial applications, with capabilities spanning mechatronics, embedded systems, AI software, and high-level autonomy [8]. Technology and Features - The Autonomous Police Patrol enhances surveillance, monitoring, and rapid response capabilities in high-footfall public areas, operating autonomously with a community autonomous software stack that provides live intelligence and situational awareness [3][12]. - Key features include detection and recognition models for identifying people, vehicles, and suspicious activities in real time, behavior analysis systems for detecting anomalies, and mission planning software for remote vehicle management [12]. Partnership and Innovation - The collaboration between Dubai Police and Micropolis Robotics emphasizes the commitment to supporting locally developed technologies that align with the UAE's vision of innovation, sustainability, and digital transformation [4][7]. - The patrol vehicle, named DPR-02, represents a milestone in UAE-born innovation aimed at transforming public safety and intelligent mobility [7][6]. Launch and Public Engagement - The official launch of the Autonomous Police Patrol will take place on October 15, 2025, at Dubai Global Village, with a public showcase during GITEX 2025 to demonstrate its capabilities to international visitors and technology leaders [5][6].
Micropolis to Participate in GITEX GLOBAL 2025, the World's Largest Tech Exhibition
Globenewswire· 2025-10-09 13:00
Core Insights - Micropolis Holding Co. is participating in GITEX GLOBAL 2025, a major tech exhibition in Dubai from October 13-17, 2025 [1][2] - The company will showcase its latest innovations in unmanned ground vehicle technology and AI-driven security solutions at Stand H4-A5 in Hall 4 [2] Company Overview - Micropolis is based in the UAE and specializes in the design, development, and manufacturing of unmanned ground vehicles (UGVs), AI systems, and smart infrastructure for various applications [4] - The company's capabilities include mechatronics, embedded systems, AI software, and high-level autonomy [4] Product Showcase - Micropolis will present several advanced products, including: - The Robotic Forestry Unit, which offers autonomous solutions for forestry management [6] - The M0-2 Border Unit, designed for security and surveillance in challenging environments [6] - The M0-2 Platform, a versatile base for multiple applications [6] - The Dubai Police M0-1 Patrol, an AI-driven autonomous patrol vehicle for law enforcement [6] - The Dubai Police M0-2 Patrol, a next-generation solution for urban security [6]