Welcome to our dedicated page for Realbotix news (Ticker: XBOTF), a resource for investors and traders seeking the latest updates and insights on Realbotix stock.
Realbotix Corp. (OTC: XBOTF) is a technology company focused on AI-powered humanoid robots, and its news flow centers on advances in human-centric robotics and embodied AI. Company announcements frequently describe new demonstrations, partnerships, and deployments that showcase how Realbotix integrates proprietary AI software with humanoid hardware for entertainment, customer service, and companionship.
News coverage includes event showcases such as appearances at the Consumer Electronics Show (CES) and GITEX Global, where Realbotix exhibits multiple humanoid robots, including its flagship AI ambassador Aria. These updates often highlight capabilities like multilingual conversation, emotional recognition, facial expression dynamics, and motion fluidity, as well as live demonstrations of embedded AI and vision systems.
Investors and followers can also find partnership announcements in the Realbotix news stream. Examples include a pilot partnership with The FUTR Corporation to bring AI agents into physical humanoid form, and an exclusive distribution agreement with Grupo Kuo to introduce Realbotix robots into hospitality, retail, and security-focused venues in Spain and Portugal. Other news items describe public installations, such as Aria’s deployment as a social greeter and brand ambassador in Times Square, New York.
In addition to technology and commercial updates, Realbotix issues corporate news on topics such as board changes, the formation of an advisory committee, executive appointments, and shareholder meeting results. For readers tracking XBOTF, this news page aggregates these developments so they can follow how Realbotix presents its progress in AI-powered humanoid robotics, market expansion efforts, and governance milestones over time.
Realbotix (TSX-V: XBOT, OTC: XBOTF) has announced its participation in the upcoming Emerging Growth Conference on October 30th, 2024. The interactive presentation, scheduled for 11:25 a.m. Eastern time, will feature CEO Andrew Kiguel alongside Aria, the company's AI-enabled Humanoid Robot.
The 30-minute live event will allow investors, advisors, and analysts to engage directly with the company through a Q&A session. Questions can be submitted in advance to Questions@EmergingGrowth.com or asked during the event. For those unable to attend, an archived webcast will be available on Realbotix.ai and EmergingGrowth.com.
Realbotix (TSX-V: XBOT, OTC: XBOTF), a leading creator of humanoid robots and companionship-based AI, announces its participation in two upcoming investor events: the Emerging Growth Conference (October 30-31, 2024) and the Sidoti Small-Cap Conference (November 13-14, 2024). Following its acquisition and rebrand in July 2024, the company aims to increase market awareness among retail and institutional investors. CEO Andrew Kiguel emphasizes the importance of these conferences for connecting with investors and showcasing their vision for robotics and AI. Management will present the company's investor deck, available at Realbotix.Ai, highlighting why AI-enabled humanoid robotics represents a significant technological advancement.
Realbotix Corp. (TSX-V: XBOT, FSE: 76M0.F, OTC: XBOTF), a leading creator of humanoid robots and companionship-based AI, has joined the AI Partnerships Affiliate Network. This international network fosters collaboration and innovation among AI companies globally. By joining, Realbotix aims to:
- Connect and collaborate with other AI innovators
- Contribute to AI innovation
- Explore new opportunities in advanced robotics integration
- Deepen expertise and expand its innovation pipeline
The network, comprising 160 companies, focuses on making AI more accessible and affordable to businesses of all sizes. This partnership aligns with Realbotix's commitment to shaping the future of human-robot interaction and advancing AI technology globally.
Realbotix Corp. (TSX-V: XBOT | OTC: XBOTF) has announced a normal course issuer bid (NCIB) program to repurchase up to 9,797,779 of its common shares, representing approximately 5% of outstanding shares. The NCIB, approved by the TSX Venture Exchange, will run from November 1, 2024, to October 31, 2025. Realbotix has appointed Kernaghan & Partners to administer the program.
The company believes this move may represent an appropriate use of funds, as the market price may not always reflect Realbotix's inherent value. Purchases will be made through various means, including open market transactions and private agreements. An automatic purchase plan will allow for share repurchases during blackout periods.
As of October 15, 2024, Realbotix has 195,955,592 shares issued and outstanding, with a public float of 114,508,277. Daily purchases will be to 57,685 shares, subject to block purchase exceptions.
Realbotix Corp. (TSXV: XBOT) CEO Andrew Kiguel recently participated in the 'View from the C-Suite' video interview series hosted by TMX Group. This series showcases perspectives from executives of companies listed on the Toronto Stock Exchange and TSX Venture Exchange.
The interview, available on YouTube, offers insights into how Kiguel and Realbotix are navigating the current business environment. Viewers can access the full interview through the provided link or visit the TSX website for more 'View From The C-Suite' content.
This initiative by TMX Group aims to provide investors and the public with direct access to executive thoughts and strategies, offering a unique glimpse into the leadership of publicly traded companies.
Realbotix Corp. (TSX-V: XBOT, OTC: XBOTF) has appointed Aria, its AI-enabled humanoid robot, as an advisor to its board of directors. This groundbreaking move is believed to be the first time an AI robot has been utilized in such a role. Aria will contribute strategic views on operational decisions, leveraging AI-driven insights for market trends, product development, and customer engagement.
Realbotix's proprietary AI uses a large language model that combines various open-source LLM engines, allowing for unbiased processing of information. The company plans to market its AI as a standalone product in 2025, targeting individuals seeking companionship and social interaction. Realbotix's upgraded AI is currently available for integration into its robots and will be showcased at the CES conference in January.
Realbotix Corp. (XBOTF) CEO Andrew Kiguel has increased his stake in the company by purchasing 100,000 additional common shares on September 18, 2024. This brings his total ownership to 16,065,000 shares. Kiguel expressed confidence in the company's direction, citing its position in the robotics and AI sectors and its attractive valuation.
Realbotix, a leading creator of humanoid robots and companionship-based AI, has sold hundreds of robotic busts, establishing itself as a key player in introducing robots to US households. The CEO highlighted the company's potential to shape the future of AI-powered companionship and life-like robots.
Realbotix Corp. (TSX-V: XBOT | OTC: XBOTF) has received a US$743,500 payment from Genesis Global Capital's restructuring process, representing 30% of its Solana (SOL) tokens held at Genesis. This recovery reflects a 26.5% premium over the current SOL market price. Additionally, a $138,190 debt owed by Realbotix to Genesis was fully repaid. The company also received 189 Ethereum (ETH) in August 2024. These recovered assets will be added to Realbotix's balance sheet, having been previously written off. Realbotix expects further payments as the restructuring continues. Genesis still holds 97 ETH and 10,691 SOL belonging to Realbotix. The company's treasury includes 3,052 ETH, 87,209 DOT, and 1,111 million Blaze tokens in self-custody.
Realbotix Corp. (TSX-V: XBOT | OTC: XBOTF) is set to unveil its next-generation ultra-realistic humanoid robot at CES 2025 on January 7th in Las Vegas. The company, known for creating humanoid robots and companionship-based AI, will also showcase its flagship robot 'Aria' with upgraded AI and language capabilities. CEO Andrew Kiguel expressed excitement about this milestone in blending advanced AI with lifelike design. CES, one of the world's largest technology expos, attracts over 170,000 attendees annually. Realbotix invites CES visitors to experience their innovations firsthand and engage in live demonstrations at their booth.
Realbotix Corp. (TSX-V: XBOT | OTC: XBOTF), a leading creator of humanoid robots and AI, reported its Q3-2024 financial results. Key highlights include:
- Total assets increased 138% to $23.5 million
- Revenue grew 143% to $313k for Q3 and 40% to $818k for the nine months
- Net income of $3.4 million for nine months, compared to $879k loss last year
- Q3 net loss of $2.6 million, up from $902k loss in Q3-2023
- Completed acquisition of Simulacra
- Received 189 Ethereum from Genesis Global Capital
CEO Andrew Kiguel stated the company's focus is to grow in the AI-enabled humanoid robot market. An investor call is scheduled for August 28, 2024, at 1:00 pm ET to discuss the results.