Massimo (MAMO) has entered into a strategic cooperation agreement with Shenzhen AIBO Robotics, a robotics technology company specializing in intelligent service robots. The agreement is intended to support Massimo’s expansion into intelligent commercial automation, robotic service systems and AI-enabled equipment upgrades, with an initial focus on the U.S. and China. Massimo plans to leverage its commercialization capabilities, market development resources and operational experience to support the introduction, localization, deployment, and scaling of robotic systems across commercial, retail, service and selected industrial environments. Massimo also intends to evaluate opportunities to utilize its U.S.-based assembly, manufacturing support, and technical service capabilities to support localization and deployment of robotics-related products in the North American market. AIBO is expected to serve as a strategic robotics technology and equipment partner. In addition, Massimo intends to explore the application of intelligent automation and AI-enabled system upgrades to its existing golf cart and related vehicle platforms. The company also intends to evaluate potential applications of such upgraded platforms in managed environments, including patrol-support, inspection assistance, and site-based operational use cases. The parties expect to further define specific commercial terms through subsequent agreements.
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