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Google Partner Novacore Labs and AIBotics Complete Acquisition of Assets, Expanding AI, Drone, Mapping and Automation Platform in Jamaica
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- AIBT
- EHVVF
Asset acquisition adds the NovaCore brand, intellectual property, software, customer data, contracts, drone and mapping assets, and operating capabilities positioned for growth across Jamaica and the broader Caribbean
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
MIAMI and KINGSTON, Jamaica, Oct. 16, 2026 (GLOBE NEWSWIRE) — AIBotics, Inc. (OTCID: AIBT) (“AIBotics” or the “Company”), a global technology company building a platform around AI-enabled robotics, autonomous systems and intelligent automation, today announced the completion of its acquisition of the operating assets associated with NovaCore Labs (“NovaCore”) from PlayJamaica Limited under an Asset Sale and Purchase Agreement.
The transaction provides AIBotics with a tangible operating platform to complete its expansion plans in Jamaica and the CARICOM. The Caribbean Economic Outlook 2026 projects a combined regional GDP of approximately US$420 billion with an average real GDP growth rate of 3.4% across major economies.
The acquired assets include 10 service robots, six commercial drones, three field generators, Google Street View mapping equipment and a dedicated mapping vehicle, together with the NovaCore brand and proprietary operating methodologies.
The acquisition expands AIBotics’ technology platform and operating presence in Jamaica while creating a foundation for broader growth across the CARICOM region. Through NovaCore, AIBotics intends to build on established 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.
Ben Kaplan, Chief Executive Officer of AIBotics, commented, “NovaCore has established a presence in Jamaica through Google-related mapping initiatives, commercial technology deployments and relationships with leading academic and institutional organizations. Those capabilities can provide a practical platform for converting technology into recurring commercial activity rather than building a Caribbean operation from the ground up.
Following the acquisition, NovaCore intends to prioritize the expansion of business lines that present near-term revenue opportunities in Jamaica and the broader region. These initiatives include:
• AI, LiDAR and geospatial services: Building on NovaCore’s mapping work, the business plans to expand into AI- and LiDAR-enabled asset management, surface classification and related geospatial services for public- and private-sector applications.
