Realbotix Announces Strategic Partnership with ROBOTIS INC

Rhea-AI Summary

Realbotix, a leader in humanoid robotics and relationship-based AI, has announced a strategic partnership with ROBOTIS INC. This collaboration will position Realbotix as an official developer partner, allowing them to integrate ROBOTIS' advanced robotic components into their products. Specifically, Realbotix will utilize ROBOTIS' DYNAMIXEL actuators and motors to enhance the smoothness and human-like quality of their robots. The partnership grants Realbotix preferred purchaser status and special pricing on key components. Andrew Kiguel, CEO of Realbotix, stated that this collaboration will expand their market reach and product capabilities.

Positive

• Realbotix gains access to ROBOTIS' advanced DYNAMIXEL actuators and motors, enhancing product quality.
• The partnership provides Realbotix with preferred purchaser status and special pricing on key components.
• Collaboration with ROBOTIS, a leader in advanced robotic technologies, could expand Realbotix's market reach.
• Enhanced product capabilities through state-of-the-art technology integration.

Negative

• The press release lacks detailed financial data, making it hard to assess the immediate financial impact.
• No specific timelines or milestones are mentioned, leaving uncertainty about the partnership's implementation.

TORONTO--(BUSINESS WIRE)-- Tokens.com Corp.* (TSX-V: XBOT | Frankfurt Stock Exchange: 76M | OTC: XBOTF) (d/b/a “Realbotix” or the “Company”), a leading creator of humanoid robotics and relationship-based AI, is pleased to announce a strategic partnership with ROBOTIS INC. The agreement designates Realbotix as an official developer partner, facilitating collaboration and integration with ROBOTIS' advanced robotic components and systems.

Under this partnership, Realbotix will leverage ROBOTIS' cutting-edge technology, including their renowned DYNAMIXEL line of actuators and motors that allow for smoother, more human-like movements to Realbotix’s robot line. As part of the agreement, Realbotix will have preferred purchaser status and pricing to ROBOTIS key robotic components.

"Partnering with ROBOTIS INC, a leader in advanced robotic technologies, allows us to integrate their state-of-the-art motors into our innovative customizable robots,” said Andrew Kiguel, CEO of Realbotix. “This collaboration enhances our product capabilities and expands our market reach. Together, we are poised to push the boundaries of what's possible in robotics and deliver exceptional value to our customers."

About Realbotix*

Realbotix is focused on creating customizable, human-like robots with AI integration. With manufacturing facilities in Nevada, Realbotix operates in a niche part of the massive robotics and AI sectors not occupied by many other companies.

Our robots have human-like appearance and movements. Our proprietary AI is developed specifically for human companionship. Our strength is the integration of companionship-AI and robotics to improve the human condition through connection, learning and play.

Realbotix also owns 15.3% of StoryFire Inc. as well as an inventory of cryptocurrencies and several crypto-related domain names.

* As previously disclosed, the Company intends to effect a legal name change to Realbotix Corp. following the approval by shareholders of a name change resolution at the upcoming Annual General Meeting. Until the finalization of such name change, all regulatory filings will continue to occur under the Company’s current legal name, Tokens.com Corp.

Visit Realbotix.AI to learn more.

Keep up-to-date on Realbotix.AI developments and join our online communities on Twitter, LinkedIn, and YouTube.

About ROBOTIS Inc.

Robotis Ltd. manufactures and distributes robotics machines. The Company produces educational robotics, smart actuators, and other related products. Robotis markets its products globally.

For more information visit https://www.robotis.us/.

Forward-Looking Statements

This news release includes certain forward-looking statements as well as management’s objectives, strategies, beliefs and intentions. Forward looking statements are frequently identified by such words as “may”, “will”, “plan”, “expect”, “anticipate”, “estimate”, “intend” and similar words referring to future events and results. Forward-looking statements are based on the current opinions and expectations of management. All forward-looking information is inherently uncertain and subject to a variety of assumptions, risks and uncertainties, including the speculative nature of cryptocurrencies, as described in more detail in our securities filings available at www.sedarplus.ca. Actual events or results may differ materially from those projected in the forward-looking statements and we caution against placing undue reliance thereon. We assume no obligation to revise or update these forward-looking statements except as required by applicable law.

Neither TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.

View source version on businesswire.com: https://www.businesswire.com/news/home/20240610031508/en/

Realbotix Corp.



Andrew Kiguel, CEO

Email: contact@realbotix.ai



Jennifer Karkula, Head of Communications

Email: contact@realbotix.ai

Telephone: 647-578-7490

Source: Tokens.com Corp.

FAQ

What is the significance of Realbotix's partnership with ROBOTIS INC?

The partnership allows Realbotix to integrate ROBOTIS' advanced robotic components, enhancing the quality and capabilities of their humanoid robots.

What technology will Realbotix use from ROBOTIS INC?

Realbotix will use ROBOTIS' DYNAMIXEL actuators and motors to improve the smoothness and human-like movement of their robots.

How will the partnership with ROBOTIS INC benefit Realbotix?

The partnership provides Realbotix with preferred purchaser status, special pricing, and enhanced product capabilities, potentially expanding their market reach.

What is the stock symbol for Realbotix?

Realbotix's stock symbol is XBOTF.

Who commented on the partnership from Realbotix?

Andrew Kiguel, CEO of Realbotix, commented on the partnership.