Core Insights - Cannibble Food-Tech Ltd. is navigating a challenging environment due to geopolitical conditions in Israel and capital-market constraints, which have impacted its ability to raise capital and advance initiatives [2] - The company has secured additional funding and is now advancing selected strategic initiatives while maintaining its core food-technology business [3] New Division: Robotics and AI - Cannibble has established a Robotics and Artificial Intelligence Division aimed at exploring automation and service robotics opportunities within the food service and hospitality sectors [4] - A collaboration with AIBotics Inc. has been initiated to evaluate the deployment of AI-powered service robots in food service, hospitality, and security applications, starting in Israel and potentially expanding internationally [5] - An initial shipment of service robots from KEENON Robotics has arrived in Israel, awaiting customs clearance to support pilot programs and market assessments [6] Shareholders' Meeting Update - A recent shareholders' meeting resulted in the approval of a resolution to change the company's name, with the new name to be announced soon [8] - Shareholders also approved the continued terms of office for existing directors and reappointed Ziv Haft Chartered Professional Accountants as the auditor for another term [9] Future Outlook - Cannibble plans to continue evaluating strategic initiatives with a focus on disciplined capital allocation, operational execution, and regulatory compliance [10] - The company emphasizes transparent communication with shareholders and aims to advance initiatives that align with its long-term strategy [10]

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]

Core Viewpoint - Cannibble Food-Tech Ltd. has established a Robotics and Artificial Intelligence Division aimed at the food and hospitality industry, partnering with AIBotics Inc. to explore AI-enhanced service robots and automation software [1][2]. Group 1: Establishment of Robotics and AI Division - The new division will evaluate and potentially commercialize AI-enabled robotic technologies for food service, hospitality, and security applications, expanding Cannibble's strategic review of automation technologies [2]. - The Robotics and AI Division will initially focus on market assessment, customer engagement, and pilot opportunities, with no assurance of immediate commercial deployments or revenues [4]. Group 2: Partnership with AIBotics - Cannibble and AIBotics will collaborate to deploy AI-powered service robots in food service, hospitality, and security markets, starting in Israel and potentially expanding to North America, Latin America, and the Middle East [3]. - The partnership includes an initial term of three years with automatic renewals, subject to specific terms and conditions [5]. Group 3: Product Distribution and Collaboration - Cannibble's Robotics and AI Division will support the distribution of service robots manufactured by KEENON Robotics in Israel, as per AIBotics' agreement with KEENON [4]. - The service robots include models designed for food delivery, hospitality support, and cleaning services, indicating a diverse application range [7].