Micropolis Signs $9.3 Million Commercial Development and Multi-Year Distribution Agreement with AfricAI to Expand AI-Driven Autonomous Vehicles Across Africa
Micropolis AI Robotics Ordinary Shares (MCRP)
Company Research
Source: GlobeNewswire
DUBAI, United Arab Emirates, March 03, 2026 (GLOBE NEWSWIRE) -- Micropolis Robotics (NYSE: MCRP) (“Micropolis” or the “Company”), a pioneer in unmanned ground vehicles (“UGVs”) and AI-driven autonomous mobility solutions, today announced it has signed a comprehensive commercial agreement with AfricAI Limited (“AfricAI”) that includes the development of three new customized autonomous vehicle models and a multi-year distribution agreement covering several African markets. Under the terms of the agreement, Micropolis will design, develop, test, and validate three new UGV platforms tailored specifically for African operating environments. The total contract value for the development program is approximately $9.3 million over an expected 18-month project period. The new models will be customized for: Police and Public Safety OperationsAgricultural and Agri-Automation ApplicationBorder Control and Remote Surveillance Missions Each platform will be engineered to address the unique terr
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MCRP
Sec Filings
- 2/27/26 - Form S-8
- 2/23/26 - Form 6-K
- 1/20/26 - Form 144
- MCRP's page on the SEC website