EDGE Group Signs MoU with Micropolis Robotics
Written by Emily J. Thompson, Senior Investment Analyst
Updated: 2d ago
0mins
EDGE Group and SteerAI have signed a Memorandum of Understanding, MoU, with Micropolis Robotics. The agreement establishes a framework for the production and industrialisation of an Autonomous Logistics Platform, ALP, as well as piloting the technology in EDGE Group's industrial areas. The MoU marks a major milestone for sovereign Emirati expertise in UGVs, AI systems, and smart infrastructure.
Trade with 70% Backtested Accuracy
Stop guessing "Should I Buy MCRP?" and start using high-conviction signals backed by rigorous historical data.
Sign up today to access powerful investing tools and make smarter, data-driven decisions.
Analyst Views on MCRP
About MCRP
Micropolis Holding Company is a United Arab Emirates-based holding company. The Company, through its subsidiary Micropolis Digital Development FZ-LLC, specializes in the creation of autonomous mobile robots (AMRs), which are utilized as autonomous police patrol robots and other commercialized robotic applications. The Company integrates application-specific pods that serve as the primary purpose of a robot. These pods are designed to accommodate various functionalities, including surveillance cameras, road sweepers, logistics compartments, as well as collaborative robots (cobots) intended for direct human-robot interaction. The Company's flagship products are customized AMRs that can operate without the need for human intervention. These robots can be used in a wide range of industries, including security, hospitality, real estate, retailing, city cleaning, and logistics. It operates in the Gulf Cooperation Council (GCC) region, with a focus on UAE and Saudi Arabia.
About the author
Emily J. Thompson
Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.
Micropolis Signs LOI with QSS Robotics for Strategic Collaboration and Potential 500 Robot Procurement
- Strategic Collaboration Expansion: Micropolis has signed a non-binding Letter of Intent with Saudi Arabia's QSS Robotics to enhance its commercial footprint in the Saudi market through localization and deployment of its autonomous mobile robot technologies, showcasing the company's growth potential in the Middle East.
- Technology Integration and Support: Under the LOI, Micropolis will provide a full suite of technologies, including autonomous mobility platforms and AI modules, while QSS will act as the commercial and technical partner, engaging with local clients and integrating solutions, thereby strengthening both companies' competitive positions in Saudi Arabia.
- Pilot Project Initiation: The collaboration includes a pilot project set to begin on December 20, 2025, at an ARAMCO site to demonstrate Micropolis' autonomous patrol capabilities and AI security analytics, which, upon success, could lead to QSS procuring up to 500 robots over two years, significantly boosting Micropolis' market share.
- Commitment to Regional Technology Localization: This partnership supports the localization objectives of both the UAE and Saudi Arabia, aiming to establish a sustainable operational footprint through QSS's local technical capabilities, facilitating future expansion opportunities within the Kingdom.
Continue Reading
Micropolis Signs LOI with QSS Robotics for Strategic Collaboration and Potential 500 Robot Procurement
- Strategic Collaboration Expansion: Micropolis has signed a non-binding LOI with Saudi Arabia's QSS Robotics to enhance its commercial footprint in the Saudi market through localization and deployment of its autonomous mobile robot technologies, showcasing the company's growth potential in the Middle East.
- Technology Integration and Support: Under the LOI, QSS will act as Micropolis' commercial and technical partner in Saudi Arabia, engaging with government and private sector clients to ensure effective integration and after-sales support, thereby enhancing market competitiveness.
- Pilot Project Initiation: The parties plan to launch a pilot project at an ARAMCO site starting December 20, 2025, to demonstrate Micropolis' autonomous patrol capabilities and AI security analytics, with a successful outcome potentially leading to a non-binding intent to procure up to 500 robots, significantly increasing the company's market share in Saudi Arabia.
- Commitment to Regional Technology Localization: This collaboration supports the localization objectives of both the UAE and Saudi Arabia, as Micropolis aims to establish a sustainable operational footprint through QSS's local technical capabilities, facilitating future expansion opportunities within the Kingdom.
Continue Reading