GMEX Robotics enters into Letter of Intent to Acquire Equity Interest of a California based Robotics and Industrial AI company, Creating a Next-Generation physical AI Connectivity & Sensing Platform

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Acquisition would eliminate critical wireless bottlenecks in autonomous robot fleets, accelerating GMEX Robotics' transition to high-margin robotics software subscription revenue SYDNEY, Australia, July 06, 2026 (GLOBE NEWSWIRE) -- GMEX Robotics Corporation (NASDAQ: GMEX) ("GMEX Robotics" or the "Company"), a developer of AI-powered robotic technologies, today announced that it has entered into a Letter of Intent (the "LOI") to acquire certain equity interest of a California based company, a pioneer in physical AI connectivity solutions and wireless Systems-on-Chip (SoC) technology for autonomous systems. This transaction is expected to represent a major strategic milestone in GMEX Robotics' Transportation & Logistics strategy by addressing one of the most significant infrastructure challenges limiting the scalability of warehouse automation: latency and unreliable wireless connectivity. "Warehouse robotics is on the verge of an inflection point. While robotic hardware has advanced rapidly, connectivity limitations continue to create operational bottlenecks that impact productivity, scalability, and return on investment," said Sam Lu, CEO of GMEX Robotics. "We look forward to advancing this LOI and working with a world class team with proven successful track record and deep expertise in physical AI during their prior tenure at Broadcom, Conexant, Nokia, and VMware. This partnership is expected to assist GMEX in solving this critical challenge by embedding intelligent, deterministic connectivity directly into our robotics platform with potential to be the industry standard. If consummated, this transaction should strengthen our Terminal + Brain' strategy by combining advanced robotic hardware with the software intelligence and infrastructure required for enterprise-scale automation." By integrating this proprietary connectivity technology, GMEX expects to significantly enhance the performance, reliability, and scalability of its autonomous robotic systems, enabling enterprise customers to deploy larger fleets of robots with improved uptime, lower operating costs, and greater automation efficiency. How it Works – Deterministic Connectivity & AI Sensing The integration of its technology into GMEX's automated systems delivers significant performance breakthroughs over standard WiFi environments:

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