NightFood Holdings Completes Acquisition of Skytech Solutions

NightFood Holdings ( (NGTF) ) has shared an announcement.

On March 31, 2025, Nightfood Holdings, Inc. completed the acquisition of Skytech Automated Solutions Inc., making Skytech a wholly owned subsidiary. This strategic acquisition, valued at $6.2 million, aims to bolster Nightfood’s capabilities in AI-driven hotel automation, addressing operational challenges like labor shortages and rising costs. The move is part of Nightfood’s broader expansion strategy to lead in hospitality innovation, combining hotel ownership with Robotics-as-a-Service solutions. Skytech, known for its Laundry Helper robot, will enhance Nightfood’s service offerings, accelerating market penetration and operational efficiencies in the hospitality sector.

More about NightFood Holdings

Nightfood Holdings, Inc. is a pioneering company in the hospitality industry, integrating AI-powered robotics with strategic hotel acquisitions to enhance hotel efficiency, reduce costs, and tackle labor challenges. The company focuses on owning hotel properties and providing Robotics-as-a-Service (RaaS), positioning itself to capitalize on the growing global service robotics market.

YTD Price Performance: 200.0%

Average Trading Volume: 1,066,245

Technical Sentiment Signal: Hold

Current Market Cap: $1.13M

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