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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]
Cannibble Food-Tech Ltd. Announces Establishment of Robotics and AI Division and Partnership to Explore Service Robotics Deployment
Globenewswire· 2026-01-23 13:00
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].
KEENON Robotics Sends First Shipment of Robots to Israel Post-War Under Agreement with AIBotics and Ignites Middle East Robotics Rollout
Globenewswire· 2025-10-14 13:15
Core Insights - AIBotics has officially entered the Middle East market by shipping service robots to Israel, coinciding with the country's recovery efforts in its hospitality and food service industries valued at $13 billion [1][2] - The partnership with KEENON Robotics aims to accelerate the adoption of service robotics in Israel, leveraging a 16.7% year-over-year increase in international arrivals as reported by the Israel Ministry of Tourism [2][5] - AIBotics plans to introduce the XMAN series of humanoid service robots, designed for complex service tasks, enhancing operational efficiency and customer experience [3][4] Company Developments - AIBotics has completed payment for its initial shipment of KEENON robots, with deployment expected to begin immediately [4] - The shipment includes various models from KEENON, such as DinerBot, ButlerBot, and KleenBot, intended for use in diverse environments like restaurants, hospitals, and hotels [5] - AIBotics is also preparing for a second shipment of KEENON robots to Jamaica, marking its first deployment in the CARICOM region [6] Market Context - The resumption of commercial flights to Tel Aviv by major airlines indicates a rebound in Israel's tourism sector, creating a favorable environment for AIBotics' service robots [2][5] - The recent peace agreement in the Middle East is seen as a turning point for regional stability, further enhancing the market potential for automation solutions [5] - AIBotics is executing a multi-market expansion plan, capitalizing on the growing global demand for contactless and intelligent automation [7]
KEENON Robotics, Creator of XMAN and One of the World's Global Leaders and Largest Robotic Manufacturers, Signs Partnership Agreement With Aibotics
Globenewswire· 2025-09-29 13:25
Core Insights - Aibotics, Inc. is accelerating its international expansion through a partnership with KEENON Robotics, targeting growth in the Middle East and the CARICOM region, starting with Israel and Jamaica [1][2][3] Group 1: International Expansion - Aibotics is set to distribute KEENON's service robots across various sectors, including restaurant, hospitality, retail, healthcare, and transportation, driven by rising labor costs and automation adoption [1][3] - The partnership aims to establish Jamaica as a foothold in the CARICOM region, which has a population of 33 million [1] - Aibotics plans to announce a partnership with a publicly traded company in Israel to enhance growth in the hospitality technology sector [2] Group 2: Market Potential - Israel's food service sector generated approximately $8.1 billion in 2023, with the hotel industry earning $3.9 billion in the first nine months of 2022 [3] - The fast-food subsegment in Israel has doubled in size, now valued at $1.2 billion, indicating strong demand for automation [3] - Jamaica's tourism sector welcomed 2.3 million visitors in 2025, generating $2.4 billion in revenue, contributing about 9.2% to the GDP [4] Group 3: Robotics Industry Growth - The global smart home market is projected to grow from $121.6 billion in 2024 to $537.3 billion by 2030, with a CAGR of 27.0% [6] - The robotics industry is expected to expand from $73.6 billion in 2025 to $185.4 billion by 2030, with a CAGR of 20.3% [6] - The global service robotics market is forecasted to reach sizes between $90 billion and over $100 billion by 2032, driven by labor shortages and the demand for automation [8] Group 4: Strategic Focus - Aibotics is advancing discussions with security robotics companies, a sector projected to exceed $71 billion globally by 2032 [8] - The company is blending hardware expertise with AI software to position itself as a leader in personal robotics, healthcare, wellness, and hospitality [11][12] - Aibotics is also focused on expanding e-commerce distribution and pilot programs for its AI-powered massage robot, the Phill Robot [11][12]
KEENON Robotics, Creator of XMAN and One of the World’s Global Leaders and Largest Robotic Manufacturers, Signs Partnership Agreement With Aibotics
Globenewswire· 2025-09-29 13:25
Core Insights - Aibotics is partnering with KEENON Robotics to enhance its international expansion and drive growth in the service robotics market, particularly in the Middle East and CARICOM regions [2][9] - The massage robotics market is projected to exceed $1 billion by 2030, while the global humanoid robotics sector is expected to surpass $38 billion by 2035 [1] - Aibotics is advancing its Phill Robot™, an AI-powered massage robot, with KEENON Robotics preparing for production [6][7] Company Developments - Aibotics is accelerating its international expansion through a partnership with KEENON Robotics, focusing on markets in Israel and Jamaica [2] - The company plans to announce a partnership with a publicly traded company in Canada to enhance growth in the hospitality technology sector [3] - Aibotics aims to acquire a technology company in Jamaica to strengthen its presence in the tourism industry [3] Market Opportunities - Israel's food service sector generated approximately $8.1 billion in 2023, with the hotel industry contributing $3.9 billion in the first nine months of 2022 [4] - The fast-food subsegment in Israel has doubled in size, now valued at $1.2 billion, driven by rising labor costs and demand for automation [4] - Jamaica's tourism sector generated $2.4 billion in revenue from 2.3 million visitors in 2025, contributing about 9.2% to the GDP [5] Industry Trends - The global smart home market is projected to grow from $121.6 billion in 2024 to $537.3 billion by 2030, with a CAGR of 27.0% [7] - The robotics industry is expected to expand from $73.6 billion in 2025 to $185.4 billion by 2030, with a CAGR of 20.3% [7] - The global service robotics market is projected to reach sizes between $90 billion to over $100 billion by 2032, growing at a CAGR of approximately 12% to 19% [9][10]