Realbotix Corp. Provides Corporate Structure and Operations Update
Commercial robotics and online consumer businesses maintain separate management, personnel, operations and product strategies
Realbotix Corp. (TSX-V: XBOT) (Frankfurt: 76M0.F) (OTC: XBOTF) ("Realbotix" or the "Company") provides an overview of its corporate and operating structure.
Realbotix Corp. is a holding company with two separately operated businesses: Realbotix LLC, which focuses on AI-powered humanoid robotics for commercial service sector applications, and Intima LLC, which focuses on direct-to-consumer products. Realbotix LLC and Intima LLC have different product offerings with no crossover. As a holding company, Realbotix Corp. does not in itself have business operations but is responsible for managing capital markets, shareholders, listing requirements and accounting needs. The two subsidiaries maintain their own management, personnel, payroll, facilities, manufacturing operations, product development, and market strategies.
“Realbotix LLC, our commercial robotics team, is solely focused on developing AI-powered humanoid systems that support practical applications in education, healthcare, hospitality, entertainment, customer service and wellness,” said Andrew Kiguel, CEO of Realbotix. “Realbotix LLC and Intima LLC are separate legal entities with different leadership, staff, and products. This update is intended to give customers, partners and shareholders a clear understanding of how each business operates.”
