Micropolis Announces Financial Results for the Six Months Ended June 30, 2025 and Provides Business Update

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]