Mr. Shahab Samimi reports
HUMANOID GLOBAL ANNOUNCES RIDESCAN'S ADVANCEMENTS IN COMMERCIAL VALIDATION
Humanoid Global Holdings Corp.
has provided the following update regarding RideScan Ltd., a portfolio company in which Humanoid Global holds a minority equity interest, and its continuing efforts toward commercial validation of its robotics safety and reliability technology across multiple industries.
RideScan has entered into a non-disclosure agreement with a well-established Japanese technology company. Following commercial proposals issued by RideScan, the parties are in active discussions on the structure of an initial collaboration, including on-site technical evaluation of RideScan's technology at the company's facilities in Japan and joint promotional activities, with the potential to expand toward deployment and distribution opportunities in the Japanese market. There is no assurance that these discussions will result in a definitive agreement.
In parallel, RideScan's technology is currently being tested across multiple robotic platforms simultaneously, which management believes further supports its ability to operate across different hardware environments. RideScan expects to provide an update on the results of these multiplatform tests in the near term, subject to the completion of testing and internal review. Successful validation across multiple robotic platforms would further demonstrate RideScan's hardware-agnostic architecture.
"RideScan continues to demonstrate encouraging commercial and technical progress," said Shahab Samimi, chief executive officer of Humanoid Global. "We believe these developments further support RideScan's potential within the global robotics ecosystem."
RideScan also recently completed successful testing at the Universal Robots A/S office in Sheffield on UR's latest PolyScope X platform. The testing confirmed that RideScan can operate on UR's newest robotic platforms through PolyScope X, following previous testing completed in December that demonstrated RideScan's compatibility with UR's older robotic platforms through PolyScope 5 integration. Together, these milestones support RideScan's ability to deploy across both legacy and next-generation UR robots as a plug-and-play URCap.
Following the successful testing, the UR office team indicated potential introductions to UR's commercial and partnership teams. UR robots are deployed globally across a wide range of industries, with more than 100,000 robots operating worldwide. A successful pathway to deeper commercial engagement with UR may create opportunities for future commercial engagement with UR and Teradyne Robotics, further strengthening RideScan's position within the broader robotics ecosystem, although there is no assurance that any such introductions will result in a commercial relationship or partnership.
"Our goal has always been to build infrastructure that works across the robotics industry rather than for a single robot," said Dr. Shivoh Chirayil Nandakumar, chief executive officer of RideScan. "Seeing RideScan tested across multiple robotic platforms while opening commercial discussions in Japan is another step toward making independent safety and reliability monitoring accessible to robot operators worldwide."
About Humanoid Global Holdings Corp.
Humanoid is a publicly traded investment issuer building a portfolio of pioneering companies in the growing humanoid robotics and embodied artificial intelligence sector, investing in and accelerating their growth. It serves as a global investment platform providing liquidity and access to an actively managed portfolio spanning the value chain of this emerging ecosystem, including advanced software, hardware and enabling technologies. Led by a team with a proven record of scaling transformative technologies globally, the company takes a long-term, partnership-oriented approach. It provides capital and strategic consultation on go-to-market strategies, regulatory pathways and transaction advisory while facilitating introductions to customers, suppliers and strategic partners.
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