Micropolis Announces Subsidiary Name Change

Rhea-AI Summary

Micropolis Holding Co. (NYSE: MCRP), a pioneer in unmanned ground vehicles and AI-driven security solutions, has announced the renaming of its wholly-owned subsidiary from Micropolis Digital Development FZ-LLC to Micropolis Robotics FZ-LLC. The name change reflects the company's expanding portfolio of autonomous robotic platforms and recent corporate achievements, including a collaboration with SEE Holding Ltd at The Sustainable City 2.0 and a Memorandum of Understanding with Emirates Steel (EMSTEEL). CEO Fareed Aljawhari stated that the rebranding better aligns with their identity as a robotics company and emphasizes their market expansion and dedication to innovative autonomous solutions.

Micropolis Digital Development FZ-LLC has been renamed Micropolis Robotics FZ-LLC, given the Company’s expanding portfolio of autonomous robotic platforms and AI-powered solutions

DUBAI, United Arab Emirates, June 23, 2025 (GLOBE NEWSWIRE) -- Micropolis Holding Co. (“Micropolis” or the “Company”) (NYSE: MCRP), a pioneer in unmanned ground vehicles and AI-driven security solutions, today announced it has changed the legal name of its wholly-owned subsidiary from Micropolis Digital Development FZ-LLC to Micropolis Robotics FZ-LLC. This move is a result of the Company's growing portfolio of autonomous robotic platforms and corporate milestones, including its collaboration with SEE Holding Ltd at The Sustainable City 2.0 and Memorandum of Understanding with Emirates Steel (EMSTEEL), a leading UAE-based steel and construction materials manufacturer.

"Micropolis designs and produces advanced robotics and AI technologies tailored to our customers' needs," said Fareed Aljawhari, Founder & CEO of Micropolis. "This subsidiary renaming better reflects our identity as a robotics company, underscores our expanding market presence, and reinforces our commitment to delivering innovative autonomous solutions."

About Micropolis Holding Co.
Micropolis is a UAE-based company specializing in the design, development, and manufacturing of unmanned ground vehicles (UGVs), AI systems, and smart infrastructure for urban, security, and industrial applications. The Company’s vertically integrated capabilities cover everything from mechatronics and embedded systems to AI software and high-level autonomy.

For more information please visit www.micropolis.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. You can identify forward-looking statements by the fact that they do not relate strictly to historical or current facts. These statements may include words such as “anticipate”, “estimate”, “expect”, “project”, “plan”, “intend”, “believe”, “may”, “will”, “should”, “can have”, “likely” and other words and terms of similar meaning. Forward-looking statements represent Micropolis’ current expectations regarding future events and are subject to known and unknown risks and uncertainties that could cause actual results to differ materially from those implied by the forward-looking statements. These statements are subject to uncertainties and risks including, but not limited to, the uncertainties related to market conditions and other factors discussed in the “Risk Factors” section of the registration statement filed by the Company with the SEC. For these reasons, among others, investors are cautioned not to place undue reliance upon any forward-looking statements in this press release. Additional factors are discussed in the Company's filings with the SEC, which are available for review at www.sec.gov. The Company undertakes no obligation to publicly revise these forward-looking statements to reflect events or circumstances that arise after the date hereof.

Investor Contact:
KCSA Strategic Communications
Valter Pinto, Managing Director
PH: (212) 896-1254
Valter@KCSA.com

Media Contact:
Jessica Starman
media@elev8newmedia.com

FAQ

Why did Micropolis (MCRP) change its subsidiary name in June 2025?

Micropolis changed its subsidiary name from Micropolis Digital Development to Micropolis Robotics to better reflect its identity as a robotics company and its expanding portfolio of autonomous robotic platforms and AI-powered solutions.

What are Micropolis's (MCRP) recent business partnerships?

Micropolis has established collaborations with SEE Holding Ltd at The Sustainable City 2.0 and signed a Memorandum of Understanding with Emirates Steel (EMSTEEL), a UAE-based steel manufacturer.

What is Micropolis's (MCRP) main business focus?

Micropolis is a pioneer in unmanned ground vehicles and AI-driven security solutions, focusing on designing and producing advanced robotics and AI technologies tailored to customer needs.

Who is the CEO of Micropolis (MCRP)?

Fareed Aljawhari is the Founder and CEO of Micropolis.