AIBotics Positions Google Partner NovaCore Labs to Capture Growing Technology Opportunities Across the Caribbean
Regional entry remains subject to funding, local requirements and necessary agreements; no cross-border contract is being announced.
Sentiment and the balance of points
Rhea-AI Sentiment reads the wording of the document, how positive or negative its language is on a 1 to 5 scale. The balance of points shown with the takes weighs what the document actually discloses, so the two can disagree, for example when a trial that missed its main goal is described in upbeat language.
Rhea-AI Summary
AIBotics (AIBT) outlined a Jamaica-first expansion strategy for NovaCore Labs to pursue commercial technology services in selected Caribbean Community markets. The plan builds on its October 14, 2026 acquisition of specified NovaCore operating assets from PlayJamaica, including drones, service robots, mapping equipment and software.
AIBotics plans to develop a locally supported service model in Jamaica before entering additional markets, assessing each territory by customer demand, partners, regulations, staffing and service economics. No new country launch, cross-border contract or deployment is being announced. New institutional programs, additional investment and regional entry remain subject to funding, local requirements and necessary agreements.
Positive
- Minor pointSpecified NovaCore operating assets acquired October 14, 2026 provide the base for the Jamaica-first strategy.
- Minor point. Forward-looking: it has not happened yet and may not happen.Planned Caribbean expansion starts with developing a repeatable, locally supported service model in Jamaica.
- Minor point. Forward-looking: it has not happened yet and may not happen.Workforce development plans include building on previously developed relationships with two Jamaican universities.
Negative
- Minor point. Forward-looking: it has not happened yet and may not happen.Regional entry, additional investment and new institutional programs remain subject to funding, local requirements and necessary agreements.
AI-generated analysis. How Rhea-AI works. Not financial advice.
New IDB findings highlight expanding regional digital trade as AIBotics builds on NovaCore’s Jamaica-based operations to pursue commercial opportunities in geospatial mapping, drone services and intelligent automation throughout CARICOM
MIAMI and KINGSTON, Jamaica, Oct. 27, 2026 (GLOBE NEWSWIRE) -- AIBotics, Inc. (OTCID: AIBT) (“AIBotics” or the “Company”) today outlined a Jamaica-first expansion strategy for NovaCore Labs intended to bring commercial technology services to selected markets across the Caribbean Community (CARICOM). Building on its October 14, 2026 acquisition of specified NovaCore operating assets from PlayJamaica Limited, AIBotics plans to use the Jamaica operation’s existing capabilities in drone services, geospatial mapping and automation to develop a repeatable, locally supported service model before entering additional markets.
The opportunity is increasingly cross-border. In a September 30, 2026 analysis, the Inter-American Development Bank (IDB) reported that Latin American and Caribbean exports of digitally delivered services expanded from
A World Bank economic update released in October 2026 projected
Private-sector activity also demonstrates the value of an established regional operating presence. In August, global travel retailer Avolta announced a majority investment in Penha Duty Free Group, an established retailer operating across five Caribbean markets. That separate transaction has no connection to AIBotics, but illustrates how companies in other industries are using local platforms and relationships to pursue growth across multiple island economies.
For NovaCore, AIBotics intends to evaluate potential demand in tourism and hospitality, infrastructure and property surveying, mapping, facility operations and other areas where drones, geospatial information and robotics can solve practical problems. Rather than treating CARICOM as one uniform market, management plans to assess prospective territories individually based on customer demand, partners, regulations, staffing and service economics. No new country launch, cross-border contract or deployment is being announced.
“Our goal is to make Jamaica a base from which we can serve a wider Caribbean market, not simply a place to test technology,” said Gregory Moore, Chief Executive Officer of NovaCore Labs Limited. “Businesses across the islands often face similar challenges in mapping, inspection and service delivery. We intend to build dependable capabilities here, develop the people who can support them and pursue regional customers where our services can deliver clear commercial value.”
NovaCore’s acquired operating assets include commercial drones, service robots, mapping equipment, software and related field capabilities. The Company intends to build on relationships previously developed with the University of Technology, Jamaica, and the University of the West Indies Global Campus as it explores workforce development and technical training. Any new institutional program, additional investment or regional entry remains subject to funding, local requirements and necessary agreements.
“The opportunity is not limited to the size of any one island market,” said Ben Kaplan, Chief Executive Officer of AIBotics. “The IDB’s findings point to significant room for cross-border digital services to develop. Our focus is to build a real operating business in Jamaica, establish services customers will pay for and expand into additional Caribbean markets when demand and execution support it.”
AIBotics intends to assess progress and update investors through customer opportunities, agreed service engagements, development of local technical capacity and practical arrangements for serving new territories.
About AIBotics
AIBotics, Inc. is a global technology company building a platform around AI-enabled robotics, autonomous systems and intelligent automation. The Company focuses on applying advanced technologies to real-world environments through strategic partnerships, technology development and international market relationships. AIBotics seeks to identify, develop, implement and scale solutions that improve machine operations, automate business processes and expand the practical use of artificial intelligence in the physical world. For more information, visit www.aibotics.ai.
Forward-Looking Statements
This release contains forward-looking statements regarding the expansion of NovaCore operations, customer demand, service offerings, AI and LiDAR capabilities, workforce programs, regional growth, revenue milestones and contemplated capital deployment. The intended US
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FAQ
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What is AIBotics planning for NovaCore Labs in the Caribbean?
AIBotics plans to build a Jamaica-based service model before pursuing selected Caribbean Community markets. It will assess territories individually based on customer demand, partners, regulations, staffing and service economics. No new country launch, cross-border contract or deployment is being announced.
Which customer sectors will AIBotics evaluate for NovaCore's Caribbean expansion?
AIBotics intends to evaluate demand in tourism and hospitality, infrastructure and property surveying, mapping and facility operations, alongside other areas where drones, geospatial information and robotics could address practical needs.
How does AIBotics plan to report progress on NovaCore's expansion?
AIBotics intends to update investors through customer opportunities, agreed service engagements, local technical capacity development and practical arrangements for serving new territories.