Box Cleaner
Search documents
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 Unveils Next-Gen Robotics, Inks Emirates Steel MoU, and Welcomes UAE Ministers and Royals at Make it in the Emirates 2025
Globenewswire· 2025-05-22 13:15
Core Insights - Micropolis Holding Co. unveiled advanced autonomous systems at the Make it in the Emirates 2025 event, showcasing its leadership in unmanned ground vehicles and AI-driven security solutions [1][12] Product Innovations - The Robotic Forestry Unit is designed for reforestation and ecosystem rehabilitation in areas affected by desertification and climate degradation, integrating a ground vehicle, drone, and robotic arm for efficient operation [2][5] - The Box Cleaner, developed with MCS Robotics, aims to enhance sanitation processes in industrial logistics, minimizing human risk and ensuring compliance with food-grade standards [4][6] - The M01 Patrol Unit, developed for Dubai Police, features advanced AI capabilities for public safety, including autonomous navigation and crowd monitoring, and is already operational in various public safety roles [8][5] Strategic Partnerships - Micropolis signed a Memorandum of Understanding with Emirates Steel to integrate robotic mobility solutions into its operations, reflecting a commitment to innovation and sustainability [10] Leadership Engagement - The event saw visits from top UAE leadership, highlighting the national commitment to fostering innovation and supporting homegrown technologies [11]