What exactly did AIBotics acquire?

The acquired assets include the NovaCore brand, intellectual property, software, customer data, contracts, drone and mapping assets, and operating capabilities. Physical assets include 10 service robots, six commercial drones, three field generators, Google Street View mapping equipment and a dedicated mapping vehicle.

What does AIBotics plan to do with the NovaCore assets?

Through NovaCore, AIBotics intends to build on capabilities in AI-enabled mapping and geospatial services, drone operations, automation, digital infrastructure, institutional technology programs and workforce development, with the goal of creating a scalable regional technology platform.

Which universities are involved in NovaCore's expansion plans?

NovaCore intends to expand institutional programs with the University of the West Indies Global Campus and the University of Technology through its relationship with PlayJamaica Limited.

RoboticsAI Business & IndustryYahoo Finance AI3m agoOct 17, 2026, 06:01 JST

AIBotics closes NovaCore asset deal in Jamaica

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3 Key Points

What happened
AIBotics completed its acquisition of NovaCore Labs' operating assets from PlayJamaica Limited, gaining 10 service robots, six commercial drones, three field generators, Google Street View mapping equipment and a dedicated mapping vehicle.
Why it matters
The deal gives AIBotics a ready operating platform in Jamaica rather than building a Caribbean operation from scratch, with the goal of creating a scalable regional technology platform.

WHO IT HITSInstitutional technology and workforce-development teams at Caribbean universities and public- and private-sector organizations that use AI, LiDAR and geospatial services could see new programs and commercial offerings from the expanded platform.

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Context & Analysis

AIBotics, a company building a platform around AI-enabled robotics, autonomous systems and intelligent automation, has completed the acquisition of operating assets associated with NovaCore Labs from PlayJamaica Limited under an Asset Sale and Purchase Agreement. The deal hands AIBotics a tangible operating base in Jamaica, which the company says will help complete its expansion plans in Jamaica and the CARICOM region rather than starting from zero.

The acquisition broadens AIBotics' technology platform with concrete equipment and intellectual property. AIBotics CEO Ben Kaplan noted that NovaCore has established a presence in Jamaica through Google-related mapping initiatives, commercial technology deployments and relationships with leading academic and institutional organizations, and said those capabilities can provide a practical platform for converting technology into recurring commercial activity rather than building a Caribbean operation from the ground up.

Looking ahead, NovaCore intends to prioritize business lines with near-term revenue opportunities in Jamaica and the broader Caribbean. These include AI, LiDAR and geospatial services, where the business plans to build on its mapping work and expand into AI- and LiDAR-enabled asset management, surface classification and related geospatial services for public- and private-sector applications.

FAQ

What exactly did AIBotics acquire?: The acquired assets include the NovaCore brand, intellectual property, software, customer data, contracts, drone and mapping assets, and operating capabilities. Physical assets include 10 service robots, six commercial drones, three field generators, Google Street View mapping equipment and a dedicated mapping vehicle.
What does AIBotics plan to do with the NovaCore assets?: Through NovaCore, AIBotics intends to build on capabilities in AI-enabled mapping and geospatial services, drone operations, automation, digital infrastructure, institutional technology programs and workforce development, with the goal of creating a scalable regional technology platform.
Which universities are involved in NovaCore's expansion plans?: NovaCore intends to expand institutional programs with the University of the West Indies Global Campus and the University of Technology through its relationship with PlayJamaica Limited.

Yahoo Finance AIRead Original Article

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