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AIBotics acquires NovaCore Labs assets to boost AI, drone, and automation tech in Jamaica and Caribbean.

Company Fundamentals
19 Oct 2026
Not Specified
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Bullish
AIBotics acquires NovaCore Labs assets to boost AI, drone, and automation tech in Jamaica and Caribbean.

AIBotics has completed the acquisition of NovaCore Labs' assets from PlayJamaica Limited, gaining technology, software, drones, mapping equipment, and customer contracts. This move expands AIBotics' platform in Jamaica and the Caribbean, enhancing AI, LiDAR, geospatial, drone, and robotics services. The acquisition supports growth in institutional programs with local universities and aims to develop workforce skills and technical infrastructure. AIBotics plans to leverage NovaCore's established presence to accelerate commercial activities and regional expansion in technology-driven sectors.

The acquisition of NovaCore Labs' assets by AIBotics expands AI, drone, mapping, and automation capabilities in Jamaica and the Caribbean. For readers following Technology-sector US stocks, here is Pluang's market snapshot as of Oct 19, 2026 20:51 WIB: out of 150 priced stocks, 106 rose and 39 fell. Notable movers include IREN (Iris Energy Limited) at USD 28.38 with a 5.15% increase, ENTG (Entegris Inc) at USD 145.84 up 5.12%, and AEHR (Aehr Test Systems) at USD 63.58 rising 4.92%, with typical hold times on Pluang ranging from 16 to 41 days.

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