DUBAI, UAE, July 16, 2025 /PRNewswire/ -- NWTN Inc. ("NWTN" or the "Company") (Nasdaq: NWTN), a UAE-based NASDAQ-listed company, today announced execution of an agreement with SEET LLC ("SEET"), a subsidiary of Medad Holding, a leading investment institution in the UAE. This agreement marks a new phase in NWTN's strategic transformation toward "Smart Mobility, Smart Device, Smart Contract" solutions. Strategic Equity Investment and Business IntegrationNWTN and SEET have signed a Share Purchase Agreement un ...

MESA, Ariz., July 16, 2025 /PRNewswire/ -- Verra Mobility Corporation (NASDAQ: VRRM), a leading provider of smart mobility technology solutions, announced today that it will report financial results for the second quarter ended June 30, 2025, after market close on August 6, 2025.Verra Mobility's Chief Executive Officer, David Roberts, and Chief Financial Officer, Craig Conti, will host a conference call and live webcast to discuss financial results for investors and analysts at 5:00 p.m. ET on August 6, 202 ...

Brings 25 years of commercial, product management and engineering leadership at Fortune 100 companies and other innovative technology firmsMESA, Ariz., July 2, 2025 /PRNewswire/ -- Verra Mobility Corporation (NASDAQ: VRRM), a leading provider of smart mobility technology solutions, announced today that Stacey Moser has been appointed as Executive Vice President and General Manager of the company's Commercial Services business unit effective July 21, 2025. She will report directly to David Roberts, CEO of Ve ...

Summary of MicroPolice Holdings Conference Call Company Overview - **Company Name**: MicroPolice Holdings - **Ticker**: MCRP - **Location**: Dubai, UAE - **Founded**: 2014 as a transformation initiative with the government of Dubai - **Focus**: Automation in harsh environments and labor-intensive operations through smart mobility platforms and advanced autonomous systems [3][4] Core Business and Technology - **Products**: Development of customizable robots for various applications including law enforcement, agriculture, and municipal services [5][10] - **Technology**: Utilizes advanced AI, robotics, and operation room controls to enhance automation capabilities [6][10] - **Manufacturing**: Employs additive and subtractive manufacturing methods, including CNC machining and advanced 3D printing [8][25] Market Position and Strategy - **Target Market**: Primarily focused on UAE and GCC markets, with plans to expand to the United States within two years [14][15] - **Customer Portfolio**: Includes Dubai Police, Ministry of Interior, and various government agencies [11][12] - **Production Capacity**: Currently able to produce 200-300 robots per year, with plans to expand to 5,000 robots per year in a new facility [32][33] Financials and Revenue Model - **Current Status**: Pre-revenue company, in testing phase with major clients [34] - **Cash Burn**: Between $700,000 and $900,000 per month [51] - **Breakeven Potential**: Expected to break even with a single large contract [52] - **Recurring Revenue**: Potential for maintenance contracts and software licenses post-sale [53][54] Competitive Landscape - **Unique Position**: Claims to be the only company in the GCC focusing on large-scale automation solutions for multiple sectors [56] - **Differentiation**: Unlike competitors, MicroPolice develops a comprehensive base technology that can be customized for various applications [46][48] Value Proposition - **Cost Savings**: Significant operational cost reductions for clients, such as Dubai Police, by replacing traditional patrols with autonomous robots [58][60] - **Investment Opportunity**: Positioned as a high-potential investment similar to NVIDIA's early days, with strong demand from large customers [61][62] Future Outlook - **Market Demand**: High demand for automation solutions in sectors like oil and gas, law enforcement, and municipal services [43] - **Growth Potential**: Anticipates signing major contracts by the end of 2025, which could significantly increase production and revenue [35][52] Additional Insights - **Customization Capability**: Ability to tailor robots to specific customer needs across various industries [40][41] - **Government Support**: Strong backing from local governments facilitates testing and validation of products [14][52]

MESA, Ariz., May 27, 2025 /PRNewswire/ -- Verra Mobility Corporation (NASDAQ: VRRM), a leading provider of smart mobility technology solutions, announced today that it will participate in two upcoming investor conferences.David Roberts, President and CEO, Craig Conti, Chief Financial Officer, and Jon Baldwin, EVP Government Solutions, are scheduled to present at the Baird 2025 Global Consumer, Technology & Services Conference on Tuesday, June 3, 2025, at 9:05am ET.Mr. Roberts and Mr. Conti will also present ...

Prestigious recognition is based entirely on what current U.S. employees say about their experience working at the companyMESA, Ariz., May 22, 2025 /PRNewswire/ -- Verra Mobility Corporation (NASDAQ: VRRM), a leading provider of smart mobility technology solutions, announced today it has been Certified™ by Great Place to Work® for the fourth year in a row.This significant recognition is based entirely on survey responses from current employees in the U.S. When surveyed in 2025, 81% of employees believed Ver ...

Group 1: Strategic Collaboration - Qualcomm Technologies, Inc. has partnered with e& to enhance digital infrastructure in the UAE, focusing on industrial and enterprise 5G edge AI gateways [1] - The collaboration aims to develop advanced edge AI devices and support generative AI capabilities by integrating large language models [1] - Qualcomm will also work on smart mobility and safety solutions to improve the UAE's transportation infrastructure and support industrial IoT solution development across various sectors [1] Group 2: Engineering Center and Innovation - A global Engineering Center will be established in Abu Dhabi, collaborating with local and international companies to support regional strategic initiatives [2] - The center will align with national priorities and development goals, facilitating transformative technologies in critical sectors such as energy, manufacturing, logistics, retail, and smart mobility [2] Group 3: Market Position and Stock Performance - Qualcomm's establishment of the engineering center positions the company at the center of a region becoming a global hub for future-defining industries, enhancing its R&D capacity and market position [3] - Shares of Qualcomm have decreased by 22.9% over the past year, contrasting with the industry's growth of 18.1% [6] - Qualcomm currently holds a Zacks Rank of 3 (Hold), while other companies in the industry, such as Juniper Networks and InterDigital, have higher rankings [7][9]

Core Insights - Micropolis Holding Co. has initiated the testing phase of its collaboration with SEE Holding Ltd to deploy advanced robotics and AI-driven security solutions in The Sustainable City 2.0 project [1][4] - The Sustainable City is designed to utilize intelligent systems to improve performance and efficiency while aiming for net zero emissions by 2050 [3] - The collaboration includes integrated command systems, autonomous fleets, smart mobility applications, edge computing, and computer vision technologies [4][5] Company Overview - Micropolis specializes in unmanned ground vehicles, AI systems, and smart infrastructure for urban, security, and industrial applications [6] - The company has vertically integrated capabilities that encompass mechatronics, embedded systems, AI software, and high-level autonomy [6] SEE Holding Overview - SEE Holding focuses on sustainable infrastructure and city development through its operational verticals: SEE Solutions, SEE Developers, and SEE Engineering [7] - The company aims to achieve net zero emissions and the 2050 UN targets while developing inclusive communities that prioritize education, healthcare, and overall well-being [8]

Core Insights - Micropolis Holding Co. has signed a non-legally binding Memorandum of Understanding (MoU) with SEE Holding Ltd to support the development of The Sustainable City 2.0, which is AI-driven, net zero, and human-centric [1][4] - The partnership will enable the deployment of advanced robotics, AI surveillance systems, smart mobility applications, and edge computing across SEE Holding's sustainable city projects globally [2][4] - This collaboration builds on a long-standing relationship, with SEE Holding being one of Micropolis' first investors since its inception in 2014 [3] Company Overview - Micropolis specializes in the design, development, and manufacturing of autonomous mobile robots (AMRs), AI systems, and smart infrastructure for urban, security, and industrial applications [7] - The company has vertically integrated capabilities that encompass mechatronics, embedded systems, AI software, and high-level autonomy [7] Strategic Partnership Details - The MoU outlines a strategic partnership focused on integrating AI and robotics into The Sustainable City 2.0's infrastructure, including command systems for city operations and autonomous fleets [4][6] - A joint R&D program will be initiated to enhance sustainable urban technologies, aiming to improve operational efficiency, resident experience, and environmental performance [5] SEE Holding Overview - SEE Holding is a UAE-based global holding group focused on sustainable infrastructure and city development through its operational verticals: SEE Solutions, SEE Developers, and SEE Engineering [8] - The company is committed to achieving net zero emissions and developing inclusive communities that prioritize education, healthcare, and overall well-being [9]

BOSTON, April 29, 2025 /PRNewswire/ -- indiGOtech (Tradename: GO), a new mobility tech company based in Massachusetts, today announced it closed a $54 million Series BB funding round, including investments from FedEx (NYSE: FDX), Foxconn (2354.TW) and FM Capital. These investments accelerate GO's mission to provide sustainable local transport, leveraging its patented SmartWheels™, Smart EVs and Smart Mobility Services. Mobility Network Companies (MNCs) today all compete for gig drivers that mostly use gas c ...