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Israeli Cannibble Food-Tech and AIBotics Enter Israel with Global Partner KEENON Robotics
Globenewswire· 2026-01-23 13:00
Core Insights - AIBotics Inc. has partnered with Cannibble Food-Tech Ltd. to target Israel's $13 billion food service and hospitality market, with global AI service robotics adoption projected to grow over 20% annually, surpassing $90 billion this decade [1][2][3] Industry Overview - The partnership aims to accelerate the deployment of AI-powered service robots in food service, hospitality, and security markets, starting in Israel and expanding to North America, Latin America, and the Middle East [2][3] - The global service robot market is expected to grow at a compound annual rate of more than 20%, driven by labor shortages, rising wages, and demand for scalable operations [2][3] - In Israel, the food service sector generated approximately $8.1 billion in 2023, while the hotel industry produced $3.9 billion in revenue in the first nine months of 2022, and the fast-food segment has doubled to about $1.2 billion [2][3] Company Developments - AIBotics will distribute KEENON Robotics' advanced service robot portfolio, enhancing its offerings in the market [2] - Cannibble Food-Tech has established a Robot and AI Division to market AI-enhanced robotic technologies for food service, hospitality, and security applications [5] - The partnership includes a potential future equity transaction, indicating long-term strategic intent, with an initial three-year term and automatic renewals [6] Strategic Importance - The collaboration is positioned to leverage Cannibble's established industry relationships and regional presence to support scalable automation solutions in Israel, which is recognized as a global innovation hub [4][6] - The entry into Israel serves as a strategic gateway to the Middle East, where smart city initiatives and infrastructure investments are increasing the demand for robotics solutions [3][4]
AMC Robotics Provides Business Update on New Product Development
Globenewswire· 2026-01-21 15:00
NEW YORK, Jan. 21, 2026 (GLOBE NEWSWIRE) -- AMC Robotics Corporation (Nasdaq: AMCI) (“AMC Robotics” or the “Company”), an AI-driven robotics solutions provider, today provided a business update highlighting product development progress following its December 2025 public listing on Nasdaq. AMC Robotics announced that its warehouse logistics sorting robot, NovaArm™ is currently in the advanced research and development phase. The Company expects to complete all testing and formal acceptance by the end of March ...
AMC Robotics Establishes Vietnam Subsidiary to Expand Local Partnerships and Support Robotics Manufacturing
Globenewswire· 2026-01-05 12:30
NEW YORK, Jan. 05, 2026 (GLOBE NEWSWIRE) -- AMC Robotics Corporation (Nasdaq: AMCI) (“AMC Robotics” or the “Company”), an AI-driven robotics solutions company, today announced the establishment of a Vietnamese wholly owned subsidiary with its operations to be located in Ho Chi Minh City, Vietnam, to support the manufacturing and production scale-up of its quadruped robotic dog, Kyro™️. The Vietnam subsidiary, AMCV Company Limited, will operate as a dedicated regional manufacturing and operations hub, focuse ...