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Cannibble Food-Tech Ltd. CEO Issues Letter to Shareholders
ROSH HAAYIN, Israel, Jan. 29, 2026 (GLOBE NEWSWIRE) -- Cannibble Food-Tech Ltd. (CSE: PLCN) (“Cannibble” or the “Company”) today announced that Yoav Bar-Joseph, founder and chief executive officer, has issued the following letter to shareholders. To Our Shareholders, I am writing to update you on recent developments at Cannibble Food-Tech Ltd. and to outline key priorities as we move into 2026. Over the past year, the Company operated in a challenging environment. Ongoing geopolitical conditions
About this update from Cannibble Food-tech Ltd.
[{"type":"text","content":"ROSH HAAYIN, Israel, Jan. 29, 2026 (GLOBE NEWSWIRE) -- Cannibble Food-Tech Ltd. (CSE: PLCN) (“Cannibble” or the “Company”) today announced that Yoav Bar-Joseph, founder and chief executive officer, has issued the following letter to shareholders.","length":246,"tagName":"p"},{"type":"text","content":"To Our Shareholders,","length":20,"tagName":"p"},{"type":"text","content":"I am writing to update you on recent developments at Cannibble Food-Tech Ltd. and to outline key priorities as we move into 2026.","length":129,"tagName":"p"},{"type":"text","content":"Over the past year, the Company operated in a challenging environment. Ongoing geopolitical conditions in Israel and broader capital-market constraints limited our ability to raise capital and advance certain initiatives. During this period, management focused on maintaining operational continuity, preserving the Company’s core assets and evaluating strategic opportunities that align with Cannibble’s long-term objectives.","length":425,"tagName":"p"},{"type":"text","content":"More recently, the Company secured additional funding and completed a review of initiatives intended to support future growth. These steps have allowed Cannibble to begin advancing selected strategic initiatives while continuing to operate its core food-technology business.","length":274,"tagName":"p"},{"type":"text","content":"New Division: Robotics and AI for Hospitality and Food-Tech","length":59,"tagName":"p"},{"type":"text","content":"During the period, Cannibble established a Robotics and Artificial Intelligence Division for the Food and Hospitality Industry. The division was formed to explore opportunities in automation and service robotics that may complement the Company’s existing relationships within the food service, hospitality, and related service sectors.","length":335,"tagName":"p"},{"type":"text","content":"As previously disclosed, Cannibble Food-Tech Ltd. and AIBotics Inc. have entered into a collaboration to evaluate the potential deployment of AI-powered service robots in food service, hospitality and security applications, initially in Israel and, subject to market conditions and definitive agreements, in other international markets.","length":336,"tagName":"p"},{"type":"text","content":"As part of the initiative, an initial shipment of service robots manufactured by KEENON Robotics has...