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LOBO Announces US$15 Million Contract for Annual AI Products and Large Model API Services

(Positive)
Tags
AI

LOBO (NASDAQ: LOBO) announced a US$15 million annual contract with an artificial intelligence enterprise to supply AI products and large model API services. The first four contracts, totaling over US$610,000, are fully executed and delivered.

This is the first major commercial deal for LOBO’s LoboToken.ai intelligent distribution platform, launched on May 28, 2026, which offers cost-effective AI inference token services through intelligent routing and multi-model access.

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Positive

  • US$15 million annual contract for AI products and large model API services
  • First four contracts totaling over US$610,000 already executed and delivered
  • First major commercial engagement for newly launched LoboToken.ai platform
  • Management reports active discussions for additional AI service opportunities

Negative

  • None.

News Market Reaction – LOBO

+4.92% 54.8x vol
20 alerts
+4.92% Session close to close
+68.2% Peak Tracked
-29.7% Trough Tracked
$20.49M Market Cap
54.8x Rel. Volume

In the Jun 2 session, LOBO gained 4.92%, reflecting a moderate positive market reaction. Argus tracked a peak move of +68.2% during that session. Argus tracked a trough of -29.7% from its starting point during tracking. Our momentum scanner triggered 20 alerts that day, indicating elevated trading interest and price volatility. Trading volume was exceptionally heavy at 54.8x the daily average, suggesting very strong buying interest.

Data tracked by StockTitan Argus on the day of publication.

Market Context

This announcement highlights LOBO’s transition from building AI platforms to monetizing them, with a...
Analysis

This announcement highlights LOBO’s transition from building AI platforms to monetizing them, with a US$15M annual AI contract and over US$610,000 already delivered. It directly follows the May 28 launch of LoboToken.ai, reinforcing the strategic AI pivot. At the same time, FY2025 results showed a $5.5M net loss and $0.9M cash, and recent warrant-linked financing adds capital-structure complexity investors may continue to monitor.

Key Figures

Annual AI contract: US$15 million First batch contracts: Over US$610,000 First API tranche: Over US$610,000 +5 more
8 metrics
Annual AI contract US$15 million Value of annual AI products and large model API services contract
First batch contracts Over US$610,000 Total of first four contracts already executed under the new agreement
First API tranche Over US$610,000 Value of initial API services delivery completed under the contract
FY2025 revenue $23.2M Fiscal 2025 revenues, up 9.6% year over year
FY2025 gross profit $3.1M Fiscal 2025 gross profit, with 13.0% gross margin
FY2025 net loss $5.5M Fiscal 2025 net loss reported by the company
FY2025 cash $0.9M Cash and equivalents at December 31, 2025
Current share price $0.84 Price before this news, up 6.33% over prior 24 hours

Previous AI Reports

5 past events · Latest: May 28 (Positive)
Same Type Pattern 5 events
Date Event Sentiment 24h Move Catalyst
May 28 AI platform launch Positive +7.0% Debut of LoboToken.ai AI inference token platform with 300+ model access.
May 20 AI feature upgrade Positive -2.4% Claw AI upgrades adding multi-modal document parsing and legal-focused AI agent.
May 04 Model integration Positive -0.8% DeepSeek V4 integration and routing enhancements for Claw AI Agent platform.
Apr 21 AI advisor layer Positive +19.6% Addition of director-level AI advisors to create decision-execution ecosystem.
Apr 09 Platform launch Positive +7.9% Launch of Claw AI Agent Platform for export-oriented manufacturing workflows.

24h Move is the share-price change in the day after each event; other market factors may also have contributed.

Pattern Detected

Recent AI announcements often drove sizable moves, with three positive reactions and two sell-offs, suggesting AI news can be a major but inconsistent catalyst.

Recent Company History

Over recent months, LOBO has focused on building its AI stack, launching the Claw AI Agent Platform on Apr 9, adding an “AI Director” advisory layer on Apr 21, and integrating DeepSeek V4 on May 4. Subsequent upgrades and the May 28 launch of LoboToken.ai have progressively expanded capabilities. This new US$15M annual AI contract directly follows the LoboToken.ai launch, marking a shift from platform build-out toward external commercialization of AI services.

Key Terms

application programming interface, api, ai inference token, multi-model access
4 terms
application programming interface technical
"large model application programming interface (“API”) services."
A set of rules and tools that lets different software systems talk to one another, like a menu and waiter connecting diners to a kitchen so requests are understood and fulfilled. For investors, APIs matter because they enable companies to share data, add features, partner quickly, scale software without rebuilding everything, and create new revenue streams or efficiencies—advantages that can affect growth, costs, and competitive position.
api technical
"large model application programming interface (“API”) services."
An API, or Application Programming Interface, is a set of rules that allows different software programs to communicate and work together smoothly, much like a waiter translating your order into the kitchen and then bringing your meal back. For investors, APIs are important because they enable real-time access to financial data, trading systems, and other digital services, making it easier to make informed decisions quickly and efficiently.
ai inference token technical
"cost-effective AI inference token services through intelligent routing"
An AI inference token is a small piece of text that an artificial intelligence model reads or produces when it answers a question or completes a prompt; think of it like a single word fragment or character the model handles one at a time. Investors care because usage is often billed per token and higher token counts mean higher operating costs or more revenue from usage-based pricing, so token efficiency directly affects margins and scalability.
multi-model access technical
"through intelligent routing and multi-model access capabilities."
Multi-model access means being able to use several different analytic or predictive models rather than relying on a single one. For investors this matters because different models can spot different risks and opportunities — like consulting several weather forecasts before deciding whether to carry an umbrella — so decisions are less likely to be skewed by one model’s blind spots and may lead to more robust, diversified insights.

AI-generated analysis. How Rhea-AI works. Not financial advice.

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WUXI, China, June 02, 2026 (GLOBE NEWSWIRE) -- LOBO TECHNOLOGIES LTD. (NASDAQ: LOBO) (“LOBO” or “the Company”), an innovative electric mobility vehicles manufacturer and seller, today announced that it has entered into a US$15 million annual contract with an artificial intelligence enterprise to provide AI products and large model application programming interface (“API”) services. The first batch of four contracts totaling over US$610,000 has been fully executed.

The contract represents the first major commercial engagement following the launch of the Company’s intelligent distribution platform, LoboToken.ai, on May 28, 2026. This platform is designed to provide enterprises with cost-effective AI inference token services through intelligent routing and multi-model access capabilities.

Huajian Xu, Director, Chief Executive Officer, and Chairman of LOBO, commented: “This contract marks an important milestone in the commercialization of our AI services business. Following launch the LoboToken.ai platform, we successfully secured this contract and have already completed delivery of the first tranche of API services valued at over US$610,000. This achievement demonstrates strong market demand for both AI products and large model API services, validating the long-term potential of our strategic AI business.

“We believe this contract is only the beginning, as we are currently engaged in discussions regarding additional opportunities. We are confident in our ability to support larger-scale customer demand while maintaining stable and efficient service delivery. As the LoboToken.ai platform continues to evolve and new commercial opportunities emerge, we believe our position within the broader AI ecosystem will be further strengthened, creating additional opportunities across the AI infrastructure value chain.”

About LOBO TECHNOLOGIES LTD.

LOBO TECHNOLOGIES LTD. (NASDAQ: LOBO) is a manufacturer of electric mobility products. As a technology-driven company, LOBO focuses on the development and production of environmentally friendly mobility solutions and smart devices. Its product portfolio includes electric bicycles, electric motorcycles, electric tricycles, electric off-road vehicles (such as golf carts and mobility scooters), solar-powered vehicles, and other intelligent products.

LOBO is committed to promoting sustainable transportation through advanced technologies, with the goal of reducing carbon emissions and improving energy efficiency.

For more information about the Company, please visit: www.loboebike.com.

For more information about the Company’s Claw AI Agent platform and LoboToken.ai platform, please visit:

Claw AI Agent platform: www.loboaiclaw.com;

LoboToken.ai: www.lobotoken.ai.

Forward-Looking Statements

This press release contains forward-looking statements within the meaning of the safe harbor provisions of the Private Securities Litigation Reform Act of 1995. These statements can be identified by words such as “aim,” “anticipate,” “believe,” “could,” “estimate,” “expect,” “forecast,” “intend,” “may,” “plan,” “potential,” “seek,” “will,” and similar expressions. Any statements in this press release that are not statements of historical fact may be considered forward-looking statements. These forward-looking statements are based on the Company’s current expectations, estimates, and projections as of the date of this release and are subject to a number of risks and uncertainties that could cause actual results to differ materially and adversely from those expressed or implied in such statements.

Although the Company believes that the expectations reflected in these forward-looking statements are reasonable, including the Company’s business outlook and the establishment of Claw AI Agent platform and LoboToken.ai platform, it cannot guarantee that such expectations will prove to be correct. Investors are cautioned that actual results may differ materially from anticipated results and are encouraged to review the risk factors that may affect the Company’s future results as set forth in the Company’s annual report on Form 20-F and in other filings with the U.S. Securities and Exchange Commission.

The Company undertakes no obligation to update any forward-looking statements, except as required by applicable law.

For more information, please contact:

LOBO TECHNOLOGIES LTD.

Zane Xu
Investor Relations Manager
Email: ir@loboai.com

Ascent Investor Relations LLC

Tina Xiao
Tel: +1-646-932-7242
Email: investors@ascent-ir.com


FAQ

What did LOBO (NASDAQ: LOBO) announce about its US$15 million AI contract on June 2, 2026?

LOBO announced a US$15 million annual contract to provide AI products and large model API services. According to LOBO, this agreement is its first major commercial engagement for the LoboToken.ai intelligent distribution platform, following the platform’s launch on May 28, 2026.

How much revenue has LOBO already executed under the new AI services contract?

LOBO reported that the first batch of four contracts totals over US$610,000 and has been fully executed. According to LOBO, this initial tranche of API services has already been delivered, demonstrating early commercial traction for its AI products and large model API offerings.

What is LOBO’s LoboToken.ai platform and how does it support the new contract?

LoboToken.ai is LOBO’s intelligent distribution platform for cost-effective AI inference token services. According to LOBO, it uses intelligent routing and multi-model access capabilities and underpins the newly secured US$15 million annual contract for AI products and large model API services.

Why is the US$15 million AI contract important for LOBO shareholders (NASDAQ: LOBO)?

The contract establishes a sizable annual AI services engagement, potentially expanding LOBO’s revenue mix. According to LOBO, it marks an important milestone in commercializing its AI services business and validates the long-term potential of its strategic AI initiatives around the LoboToken.ai platform.

When was LOBO’s LoboToken.ai platform launched and what role does it play in AI services?

LOBO launched the LoboToken.ai platform on May 28, 2026, focusing on AI inference token services. According to LOBO, it provides enterprises intelligent routing and multi-model access, forming the technological basis for the newly announced US$15 million annual AI services contract.

Is LOBO pursuing additional AI products and large model API contracts beyond the US$15 million deal?

LOBO indicated that it is in discussions regarding additional AI service opportunities beyond the announced contract. According to LOBO, management is confident in supporting larger-scale customer demand while maintaining stable and efficient service delivery on the LoboToken.ai platform.