Acquisition would eliminate critical wireless bottlenecks in autonomous robot fleets, accelerating GMEX Robotics’ transition to high-margin robotics software subscription revenue

SYDNEY, Australia, July 06, 2026 (GLOBE NEWSWIRE) -- GMEX Robotics Corporation (NASDAQ:GMEX) ("GMEX Robotics" or the "Company"), a developer of AI-powered robotic technologies, today announced that it has entered into a Letter of Intent (the "LOI") to acquire certain equity interest of a California based company, a pioneer in physical AI connectivity solutions and wireless Systems-on-Chip (SoC) technology for autonomous systems. This transaction is expected to represent a major strategic milestone in GMEX Robotics’ Transportation & Logistics strategy by addressing one of the most significant infrastructure challenges limiting the scalability of warehouse automation: latency and unreliable wireless connectivity.

Disclaimer:This article represents the opinion of the author only. It does not represent the opinion of Webull, nor should it be viewed as an indication that Webull either agrees with or confirms the truthfulness or accuracy of the information. It should not be considered as investment advice from Webull or anyone else, nor should it be used as the basis of any investment decision.