Technology
Ketryx Marks Milestone Year, Impacting Over 20M+ Patients in MedTech
Published
2 years agoon
By
New AI Capabilities, Customer Milestones, and Certifications Power Ketryx Forward
CAMBRIDGE, Mass., Jan. 9, 2025 /PRNewswire/ — Ketryx, the leader in connected lifecycle management for safety-critical industries, today announced key accomplishments for 2024, marking a pivotal year of growth and innovation.
CEO and founder Erez Kaminski also shared his vision for 2025, including some bold predictions about AI for the coming year.
“2024 has been transformative for Ketryx in expanding customers and their applications to serve well over 20 million patients,” said Kaminski. “These milestones are a testament to our team’s focus on innovation, our customers’ trust, and our belief that MedTech companies can release safe, innovative software at a pace that rivals top technology companies.”
Highlights of the Year:
Building a World-Class Team: In 2024, Ketryx welcomed Zack Jha (PTC, AWS) as VP of Worldwide Sales, Randall Markham as Chief of Staff (American Industrial Partners, Booz Allen), and Gabriel Pascualy (MITRE, Amgen) as Director of Solutions. These additions strengthened the company’s ability to scale operations and serve its growing customer base.Customer Milestones: Ketryx signed leading global MedTech manufacturers, including innovators in AI medicine like RadNet, HeartFlow, and Nutrino, as well as numerous Fortune 500 organizations. The company also expanded adoption of its platform with AI/ML-enabled devices across sectors such as surgical robots, radiology and diagnostic imaging.Certifications Achieved: Ketryx renewed UL Certification to IEC 62304, ISO 13485, and ISO 14971 and ISO 27001, also achieving SOC 1 and SOC 3 compliance. These certifications demonstrate the company’s dedication to maintaining the same high quality and compliance standards as customers while upholding best practices internally.Launch of New AI Capabilities, Cybersecurity Features: Ketryx Intelligence saves teams hundreds of hours through the AI-powered creation of requirements, suggested traceability links, and auto-generated release notes. On the cybersecurity front, automated generation of an FDA-ready Software Bill of Materials (SBOM) ensures companies can easily identify, track, and mitigate any vulnerabilities from third-party or open-source software.New Integrations: Ketryx expanded its integrations to popular tools including Jama, TestRail, Polarion, and ADO, complementing existing integrations to Jira, GitHub, AWS, and many others.Thought Leadership/Education: Erez Kaminski, the CEO and founder of Ketryx and former head of AI/ML at Amgen, has emerged as a leading voice in MedTech. This year, he delivered keynote speeches and presentations at premier conferences including AdvaMed Toronto, RAPS, and RSNA. Ketryx’s acclaimed webinar series continues to draw interest from regulated teams with best practices and education on the latest FDA guidance, including PCCP, cybersecurity guidance, and total product lifecycle management.
2025 Predictions
Ketryx anticipates the following trends shaping the MedTech landscape in 2025:
AI Integration as Standard Practice: By 2025, all major MedTech manufacturers will have AI-enabled products in their portfolios. The Ketryx platform helps manufacturers ensure these innovations are compliant and secure.Accelerated Software Updates: Weekly or monthly software updates will become more common in MedTech, requiring companies to adopt tools that balance speed with reliability.
“The MedTech industry is undergoing rapid changes,” said Kaminski. “Our work in 2024 positioned Ketryx as a trusted partner for companies navigating these shifts, and we are prepared to support them through the challenges and opportunities of 2025.”
AI Webinar Series
Join us for our AI webinar series on the challenges and opportunities of regulated AI. Our next webinar is on Wednesday, January 15, at 11 am ET: “Navigating the FDA’s Total Product Lifecycle Framework for Generative AI Devices.”
Generative AI devices hold transformative potential for healthcare, but ensuring their safety and effectiveness demands robust lifecycle management strategies. Building on the FDA’s Total Product Lifecycle Considerations for Generative AI-Enabled Devices, this session provides actionable insights to help you align with regulatory expectations while driving innovation.
Register here.
About Ketryx
Ketryx is the first and only Al-powered connected lifecycle management platform for the life sciences industry. Our automation-based software enables companies building regulated software to accelerate development through modern cloud-based tools while improving quality and compliance. By overlaying and connecting existing product development and quality tools, Ketryx creates a real-time, traceable, single source of truth. Teams expedite time to market by automating documentation while enforcing SOPs across connected systems.
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SOURCE Ketryx
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Technology
CFACT Billboard Tour Covers Approximately 800 Miles, Brings Wolf Management Message Across Wisconsin
Published
4 seconds agoon
October 26, 2026By
Outreach highlights owners’ losses and earns recognition from Agriculture Secretary Brooke Rollins
MADISON, Wis., Oct. 26, 2026 /PRNewswire/ — The Committee For A Constructive Tomorrow (CFACT) brought its call for responsible wolf management directly to Wisconsin residents with a billboard truck tour covering approximately 800 miles through and near more than 30 communities. Traveling from Madison north to Ashland and then south to Milwaukee, the campaign highlighted the consequences of wolf attacks on livestock, pets, and rural livelihoods.
The route included Eau Claire, Hayward, Ashland, Wausau, Green Bay, Appleton, and Oshkosh, along with smaller communities across the state. CFACT representatives spoke with hundreds of people across northern Wisconsin, the majority of whom supported the campaign’s call to restore state authority over wolf management.
Among those joining the truck along its route was Erin Maluegge, whose dog, Lettie, was killed in a wolf attack. Her account underscored the personal losses behind the policy debate.
“Lettie had her GPS collar on; she was 300 yards from us. We could hear the attack and could not get there in time to save her,” Maluegge said.
“People across northern Wisconsin are asking for something straightforward: the ability to protect their livestock, their pets and their livelihoods,” said Craig Rucker, president of CFACT. “Wolf recovery is a conservation success story, but that success comes with a responsibility to manage the population. Washington needs to listen to the people living with the consequences.”
The campaign also drew recognition from U.S. Secretary of Agriculture Brooke Rollins. In a post on X referencing CFACT’s efforts, Rollins wrote: “Thank you, @CFACT, for standing behind this righteous cause.” She emphasized the threat wolf attacks pose to ranchers’ livelihoods and the lasting financial consequences of livestock losses.
The tour’s message echoes concerns raised by U.S. Rep. Tom Tiffany (R-Wis.), who advocates returning wolf management authority to the states.
“The gray wolf has recovered, and the impacts are being felt across rural communities in Wisconsin,” Tiffany said in a September 4 statement supporting federal action toward delisting.
CFACT is calling for policies that recognize both wolf recovery and the needs of communities living alongside them. For families like Maluegge’s, the debate carries consequences that extend far beyond Washington. The organization’s campaign urges policymakers to prioritize the protection of livestock, pets, and rural livelihoods in wildlife management.
To learn more and support CFACT’s call for reform, visit https://cfact.org/wolves
FOR MEDIA INQUIRIES:
Judy Kent,
CFACT Media Director
703-477-7476
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SOURCE Committee For A Constructive Tomorrow
Technology
Biddance AI Systems, Inc. Announces First Half of Fiscal Year 2026 Financial Results
Published
7 seconds agoon
October 26, 2026By
XIAMEN, China, Oct. 26, 2026 /PRNewswire/ — Biddance AI Systems, Inc. (Nasdaq: BDAI) (the “Company”), a China-based information technology consulting and solutions service provider, today announced its unaudited financial results for the six months ended June 30, 2026.
Ms. Xiaoyang Huang, Chief Executive Officer and Director of Biddance AI Systems, Inc., commented, “We are delighted with the robust year-over-year revenue growth achieved in the first half of the fiscal year. Our hardware and equipment sales served as the main revenue driver, providing solid support to the segment’s expansion. Concurrently, we are aggressively seeking to expand our client base for our tax services.”
First Half 2026 Financial Highlights
Revenue was $1.23 million for the six months ended June 30, 2026 compared to $0.74 million for the same period of last year.Cost of revenue was $1.02 million for the six months ended June 30, 2026 compared to $0.57 million for the same period of last year.Gross profit was $0.20 million for the six months ended June 30, 2026 compared to $0.17 million for the same period of last year.Net loss was $1.37 million for the six months ended June 30, 2026 compared to a net loss of $0.92 million for the same period of last year.
First Half 2026 Financial Results
Revenue
Total revenues were $1.23 million for the six months ended June 30, 2026, compared to $0.74 million for the same period of last year. The revenue increase was mainly due to the increase in hardware sales.
Gross Profit and Gross Margin
Gross profit was $0.20 million for the six months ended June 30, 2026 compared to $0.17 million for the same period of last year.
Gross profit margin as a percentage of revenue decreased to 16.4% for the six months ended June 30, 2026 from 23.4% for the same period of last year.
Operating Expenses
Operating expenses were $2.00 million for the six months ended June 30, 2026, an increase of 31.7% from $1.52 million for the same period of last year. The increase in operating expense in 2026 was primarily due to the increase in general and administrative expenses.
Other Income
Total other income, net, was $0.33 million ($327,339) and $0.33 million ($330,596) for the six months ended June 30, 2026 and 2025, respectively.
Net Income (Loss)
As a result of the factors described above, net loss was $1.37 million for the six months ended June 30, 2026, compared to a net loss of $0.92 million for the comparable period of 2025.
Basic and Diluted Loss per Share
Basic and diluted loss per share was $0.16 for the six months ended June 30, 2026, compared to $0.11 for the same period of last year.
Cash Flow
Net cash used in operating activities was $1.08 million for the six months ended June 30, 2026, compared to net cash provided by operating activities of $1.15 million for the same period of last year.
Net cash provided by investing activities was $4.15 million for the six months ended June 30, 2026, compared to net cash used in investing activities of $0.23 million for the same period of last year.
Net cash provided by financing activities was $10.42 million for the six months ended June 30, 2026.
About Biddance AI Systems, Inc.
Biddance AI Systems, Inc. (formerly known as Hitek Global Inc.), headquartered in Xiamen, China, is an information technology (“IT”) consulting and solutions service provider in China. The Company has two lines of business: 1) services to small and medium businesses, which consists of Anti-Counterfeiting Tax Control System (“ACTCS”) tax devices, ACTCS services, and IT services, and 2) services to large businesses, which consists of hardware sales and software sales. The Company’s vision is to become a one-stop consulting destination for holistic IT and other business consulting services in China. For more information, visit the Company’s website at http://www.xmhitek.com/.
Forward-Looking Statements
This announcement contains forward-looking statements within the meaning of the safe harbor provisions of the Private Securities Litigation Reform Act of 1995. All statements other than statements of historical fact in this announcement are forward-looking statements. These forward-looking statements involve known and unknown risks and uncertainties and are based on current expectations and projections about future events and financial trends that the Company believes may affect its financial condition, results of operations, business strategy and financial needs. Investors can identify these forward-looking statements by words or phrases such as “may,” “will,” “expect,” “anticipate,” “aim,” “estimate,” “intend,” “plan,” “believe,” “potential,” “continue,” “is/are likely to” or other similar expressions. The Company undertakes no obligation to update forward-looking statements to reflect subsequent occurring events or circumstances, or changes in its expectations, except as may be required by law. Although the Company believes that the expectations expressed in these forward-looking statements are reasonable, it cannot assure you that such expectations will turn out to be correct, and the Company cautions investors that actual results may differ materially from the anticipated results and encourages investors to review other factors that may affect its future results in the Company’s registration statement and in its other filings with the SEC.
The following tables summarize our results of operations for the periods indicated:
BIDDANCE AI SYSTEMS, INC. AND SUBSIDIARIES
UNAUDITED CONDENSED CONSOLIDATED BALANCE SHEETS
(Expressed in U.S. Dollars, except for the number of shares)
June 30,
2026
December 31,
2025
(Unaudited)
Assets
Current assets
Cash and cash equivalents
$
17,088,014
$
3,611,999
Short-term investments
19,970,243
18,364,219
Accounts receivable, net
5,350,006
5,407,989
Advances to suppliers, net
4,422
290,680
Inventories, net
85,568
79,411
Loans receivable
589,528
6,020,220
Other receivable
5,846,247
6,846,247
Prepaid expenses and other current assets
10,507
171,661
Total current assets
48,944,535
40,792,426
Non-current assets
Non-current accounts receivable, net
–
1,027,421
Non-current loans receivable
–
285,996
Property, equipment and software, net
332,488
475,189
Total non-current assets
332,488
1,788,606
Total Assets
$
49,277,023
$
42,581,032
Liabilities and Shareholders’ Equity
Current liabilities
Accounts payable
$
255,982
$
292,065
Loan payable – related party
–
2,645,465
Deferred revenue
65,298
73,059
Taxes payable
1,832,077
1,795,736
Accrued expenses and other current liabilities
160,776
148,342
Total current liabilities
2,314,133
4,954,667
Non-current Liabilities
Deferred income tax liabilities, net
1,559,142
1,616,053
Total non-current liabilities
1,559,142
1,616,053
Total Liabilities
3,873,275
6,570,720
Commitments and Contingencies
–
–
Shareholders’ Equity
Class A Ordinary Shares, US$0.375 par value; 800,000 shares authorized,
799,861 shares issued and outstanding as of June 30, 2026; 800,000 shares
authorized, 5,629 shares issued and outstanding as of December 31, 2025*
299,948
2,111
Class B Ordinary Shares, US$0.0001 par value; 150,000,000 shares authorized,
8,192,000 shares issued and outstanding
819
819
Additional paid-in capital
35,040,217
24,920,060
Statutory reserve
836,215
836,215
Retained earnings
9,301,135
10,671,200
Accumulated other comprehensive loss
(74,586)
(420,093)
Total Shareholders’ Equity
45,403,748
36,010,312
Total Liabilities and Shareholders’ Equity
$
49,277,023
$
42,581,032
BIDDANCE AI SYSTEMS, INC. AND SUBSIDIARIES
UNAUDITED CONDENSED CONSOLIDATED STATEMENTS OF OPERATIONS AND COMPREHENSIVE LOSS
(Expressed in U.S. Dollars, except for the number of shares)
Six Months Ended
June 30,
2026
2025
(Unaudited)
(Unaudited)
Revenues
$
1,226,046
$
741,541
Cost of revenues
(1,024,835)
(567,675)
Gross profit
201,211
173,866
Operating expenses:
General and administrative
2,002,067
1,519,128
Selling
1,411
2,325
Total operating expenses
2,003,478
1,521,453
Operating loss
(1,802,267)
(1,347,587)
Other income (expense)
Net investment gain
102,363
82,463
Interest income
210,639
412,683
Interest expense
–
(153,049)
Other income (expense), net
14,337
(11,501)
Total other income, net
327,339
330,596
Loss before income taxes
(1,474,928)
(1,016,991)
Income tax benefit
(104,863)
(100,882)
Net loss
$
(1,370,065)
$
(916,109)
Comprehensive loss
Net loss
$
(1,370,065)
$
(916,109)
Foreign currency translation gain
345,507
236,419
Comprehensive loss
$
(1,024,558)
$
(679,690)
Loss per ordinary share
Basic and diluted
$
(0.16)
$
(0.11)
Weighted average number of ordinary shares outstanding
Basic and diluted*
8,313,997
8,197,629
BIDDANCE AI SYSTEMS, INC. AND SUBSIDIARIES
UNAUDITED CONDENSED CONSOLIDATED STATEMENTS OF CHANGES IN SHAREHOLDERS’ EQUITY
Six Months Ended June 30, 2026 and 2025
(Expressed in U.S. Dollars, except for the number of shares)
Class A
Ordinary Shares*
Class B
Ordinary Shares
Additional
Accumulated
other
Total
Number of
shares
Amount
Number of
shares
Amount
paid-in
capital
Statutory
reserve
Retained
earnings
comprehensive
loss
Shareholders’
Equity
Balance as of
December 31, 2024
5,629
$
2,111
8,192,000
$
819
$
24,920,060
$
836,215
$
10,491,058
$
(975,343)
$
35,274,920
Foreign currency
translation adjustment
–
–
–
–
–
–
–
236,419
236,419
Net loss
–
–
–
–
–
–
(916,109)
–
(916,109)
Balance as of
June 30, 2025
(unaudited)
5,629
$
2,111
8,192,000
$
819
$
24,920,060
$
836,215
$
9,574,949
$
(738,924)
$
34,595,230
Class A
Ordinary Shares*
Class B
Ordinary Shares
Additional
Accumulated
other
Total
Number of
shares
Amount
Number of
shares
Amount
paid-in
capital
Statutory
reserve
Retained
earnings
comprehensive
loss
Shareholders’
Equity
Balance as of
December 31, 2025
5,629
$
2,111
8,192,000
$
819
$
24,920,060
$
836,215
$
10,671,200
$
(420,093)
$
36,010,312
Foreign currency
translation adjustment
–
–
–
–
–
–
–
345,507
345,507
Issuance of ordinary
shares
794,232
297,837
–
–
10,120,157
–
–
10,417,994
Net loss
–
–
–
–
–
–
(1,370,065)
–
(1,370,065)
Balance as of
June 30, 2026
(unaudited)
799,861
$
299,948
8,192,000
$
819
$
35,040,217
$
836,215
$
9,301,135
$
(74,586)
$
45,403,748
BIDDANCE AI SYSTEMS, INC. AND SUBSIDIARIES
UNAUDITED CONDENSED CONSOLIDATED STATEMENTS OF CASH FLOWS
(Expressed in U.S. Dollars)
Six Months Ended
June 30,
2026
2025
(Unaudited)
(Unaudited)
Cash flows from operating activities:
Net loss
$
(1,370,065)
$
(916,109)
Adjustments to reconcile net loss to net cash (used in) provided by operating activities:
Depreciation and amortization
154,064
145,775
Loss on disposal of property, plant and equipment
1,433
–
Accrued interest income from loans, net
–
(104,790)
Net investment gain
(55,640)
(66,820)
Provision for expected credit losses of receivables
506,980
482,621
Provision for obsolete inventories
2,019
3,832
Deferred income tax
(105,252)
(100,882)
Changes in operating assets and liabilities:
Short-term investments – trading securities
(1,312,113)
2,427,711
Accounts receivable
710,590
1,044,167
Advance to suppliers
291,845
(2,272,803)
Inventories
(5,700)
12,483
Prepaid expenses and other current assets
164,540
265,122
Accounts payable
(42,330)
(50,983)
Advance from customers
–
291,466
Deferred revenue
(9,888)
(16,056)
Tax payable
(18,497)
5,781
Due to related parties
–
16,546
Accrued expenses and other current liabilities
7,798
(13,461)
Net cash (used in) provided by operating activities
(1,080,216)
1,153,600
Cash flows from investing activities:
Loans to third parties
(291,443)
(413,645)
Loans repayment by third parties
3,439,030
137,882
Purchases of held-to-maturity investments
(1,000,000)
(1,650,000)
Redemption of held-to-maturity investments
2,000,000
700,000
Refund of deposit for acquisition
–
1,000,000
Net cash provided by (used in) investing activities
4,147,587
(225,763)
Cash flows from financing activities:
Proceeds from issuance of ordinary shares
10,417,994
–
Net cash provided by financing activities
10,417,994
–
Effect of exchange rate changes on cash
(9,350)
33,690
Net increase in cash
13,476,015
961,527
Cash and cash equivalents at the beginning of period
3,611,999
7,236,798
Cash and cash equivalents at the end of period
$
17,088,014
$
8,198,325
Supplemental disclosures of cash flow information:
Cash paid for income taxes
$
–
$
–
Cash paid for interest
$
–
$
–
The accompanying notes are an integral part of these consolidated financial statements.
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SOURCE Biddance AI Systems, Inc.
Technology
FF EAI Robotics Ecosystem (FFR) Completes Acquisition of FFAI Robotics Business, Establishing a Nasdaq-Listed Humanoid and Bionic Robotics Platform October Robot Sales Expected to Exceed 300 Units; Unveils FF OmniMind, a Unified AI Brain for All Robots
Published
10 seconds agoon
October 26, 2026By
FFR has completed its acquisition of FFAI’s robotics business and issued and delivered common shares and non-voting convertible preferred shares to Smart Technology Holdings Ltd., a subsidiary of FFAI, as transaction consideration. Following the October 23, 2026 closing, FFR shares trading on Nasdaq represent a company that now includes FF Robotics’ business and assets. Following the transaction, FFR continues trading on Nasdaq as a pure-play humanoid and bionic Physical AI robotics ecosystem company built around “Four-Core Full-Stack AI.”FFR believes it has become the No. 1 in K–12 robotics education in the U.S., the Company’s next goal is to become the No. 1 company in robotics education nationwide, rank among the top three in the Physical AI robotics industry and become one of the most valuable companies in the Physical AI era.FFR has completed changes to its Board and management team, appointing YT Jia as Global CEO, Jerry Wang as Executive Chairman, and Chen Shi as Lead Independent Director, and Jason E. Dodier as independent director.FFR announced three new strategic partnerships: with well-known California-based professional services company KYA GROUP, California Science and Technology University, and with Pinnacle, one of Southern California’s leading real estate brokerages.FFR issued full-year 2026 guidance for the first time, expecting sales and shipments of approximately 2,000 robots for the acquired robotics business on a standalone full-year basis, with continued positive unit gross margins on robot deliveries. The guidance reflects management’s confidence in near-term performance and growth prospects, and its determination to accelerate efforts to maximize value for stockholders.
NEW YORK, Oct. 26, 2026 /PRNewswire/ — FF EAI Robotics Ecosystem Inc. (NASDAQ: FFR) (“FFR” or the “Company”) a U.S.-based Embodied AI robotics company, today announced at the deal closing and its first Investor Day event in New York that it has completed its acquisition of the robotics business and related assets of Faraday Future Intelligent Electric Inc. (NASDAQ: FFAI) (“FFAI” or “Faraday Future”) on October 23, 2026. The related business operations and assets have been transferred to FFR, and FFR has issued and delivered common shares and non-voting convertible preferred shares to Smart Technology Holdings Ltd., a subsidiary of FFAI as transaction consideration. Following the transaction, FFR’s continues trading on Nasdaq as a pure-play company focused on humanoid and bionic Physical AI robotics within a “Four-Core Full-Stack AI” ecosystem.
Watch Video: https://youtu.be/RmJ-wYDK_9Y
FFR Completes Board and Management Changes; YT Jia Appointed CEO
FFR has completed changes to its Board and management team. YT Jia will serve as CEO, Jerry Wang as Executive Chairman, and Chen Shi as Lead Independent Director, and Jason E. Dodier as independent director. YT Jia has voluntarily chosen not to increase his cash compensation in connection with his new role at this stage, as a step to align his personal interests with those of the Company and its stockholders.
As the first U.S. company to deliver both humanoid and bionic robots, FFR is working to turn its first-mover advantage into a competitive lead. In less than a year, the Company has taken initial steps toward building a complete “Four-Core Full-Stack AI” ecosystem and developing distinct EAI technology strengths, including its “One Brain, All Robots; Multi-Forms, Multi-Capabilities” approach. FFR has completed Phase One of its “Built in USA” Acceleration Program, and FF Robot World 2.0 is now complete.
“We believe FFR has become the No. 1 provider of K–12 robotics education in the United States, and will soon become the No. 1 company in robotics education nationwide. Over the next five years, our goal is to rank among the top three companies in the Physical AI robotics industry overall and to become one of the most valuable EAI companies in the Physical AI era,” said YT Jia, CEO of FFR.
FFR Unveils FF OmniMind, a Unified AI Brain Powering All Robotic Forms Under “One Brain, All Robots; Multi-Forms, Multi-Capabilities”
FFR’s four-core ecosystem is advancing across the EAI Brain and Developer Platform, EAI Devices, Industry Productivity Solutions, and EAI Data Factory. The Company is also advancing development across its four industry ecosystems: Education and Research; Security and Inspection; Industrial and Logistics; and Commercial and Services.
FFR announced that the brand name for FF Brain is FF OmniMind. Guided by the “One Brain, All Robots; Multi-Forms, Multi-Capabilities” philosophy, OmniMind comprises foundation models, motion control, and skills. Together, these components form a unified AI brain designed to work across robotic forms, tasks, and scenarios, empower robots, and support the transition from task-specific autonomy toward general-purpose autonomy.
For the EAI Devices core, FFR expects October sales and shipments to exceed 300 robots, setting a new monthly record for the acquired robotics business. By the end of October, cumulative sales and shipments are expected to exceed 1,100 robots. The Company continues to deliver robots at positive unit gross margins.
For the Industry Productivity Solutions core, the security and inspection solution has entered the proof-of-concept stage with an initial group of customers and industry partners. For the EAI Data Factory core, FFR continues to deliver egocentric data and receive payments for those deliveries. The Company is also advancing large-scale data deliveries to leading AI and robotics customers.
In addition, RoboShare is becoming North America’s robot-sharing platform with the largest fleet and widest variety of robots.
“Four-Core Full-Stack AI” products and technologies primarily serve the Education and Research ecosystem, Security and Inspection ecosystem, Industrial and Logistics ecosystem and our Commercial and Services ecosystem.
FFR Announces Strategic Partnerships with KYA GROUP, California Science and Technology University and Boston International Business School, and Pinnacle
At the event, FFR announced three strategic partnerships: a partnership with KYA GROUP; a comprehensive strategic partnership with California Science and Technology University and Boston International Business School to establish the BIBS-FF-CSTU Joint Robotics Lab; and a partnership with Pinnacle.
FFR’s strategic partnership with California-based professional services company KYA GROUP is intended to help the Company reach U.S. federal government and large institutional markets. KYA GROUP serves the U.S. government procurement, education, security, and public infrastructure sectors, with a broad customer network and experience in large-scale projects. Third-party data indicates that KYA GROUP has more than 1,000 government procurement-related records in California involving more than 200 public agencies. A KYA GROUP affiliate holds a U.S. General Services Administration Multiple Award Schedule contract covering 23 approved procurement categories. The collaboration is intended to support access to federal procurement opportunities and create new opportunities for FFR’s EAI robotics products in government procurement markets.
FFR has also entered into a comprehensive strategic partnership with California Science and Technology University and Boston International Business School. The parties plan to establish the BIBS-FF-CSTU Joint Robotics Lab.
FFR has partnered with Pinnacle, one of Southern California’s leading real estate brokerages, on B2B real estate brokerage solutions and B2C home security solutions.
FFR Issues 2026 Full-Year Guidance for the First Time
Based on its current business progress and momentum, FFR issued full-year 2026 guidance for the first time. The acquired robotics business expects sales and shipments of approximately 2,000 robots on a standalone full-year 2026 basis, while maintaining positive unit gross margins on robot deliveries. This standalone full-year guidance includes periods before the acquisition and does not represent FFR’s reported consolidated results for 2026; FFR will include the acquired business’s results in its consolidated financial statements only from the October 23, 2026 closing date.
The guidance reflects management’s confidence in the Company’s near-term performance and growth prospects, as well as its determination to accelerate efforts to maximize value for stockholders.
In its five-year business plan outlook, FFR projects 2027 revenue of approximately $45.2 million, including $32.5 million from the EAI Devices core and $12.7 million from the other three ecosystem cores, and EAI Device sales of approximately 7,400 units. Over the next five years, the outlook projects cumulative revenue of approximately $1.98 billion, including approximately $1.08 billion from the EAI Devices core and $900 million from the other three ecosystem cores, and cumulative EAI Device sales of approximately 133,000 units. These projections are subject to significant uncertainties and are not guarantees of future performance.
FFR also invited people with expertise in Physical AI, particularly AI brain technology, marketing and sales, and business development, to join the Company and work with its team to advance technology and create value across the industry.
About FF EAI Robotics Ecosystem Inc.
FF EAI Robotics Ecosystem Inc. (NASDAQ: FFR) is a U.S.-based Embodied AI robotics company focused on the research and development, manufacturing, commercialization and deployment of intelligent robotic technologies, products and industry solutions. FFR is building a “Four-Core Full-Stack” AI ecosystem covering the full lifecycle of robotics, consisting of EAI Brain & Developer Platform, EAI Devices, Industry Productivity Solutions, and EAI Data Factory. Guided by the technology and product philosophy of “One Brain, Multi-forms, Multi-capabilities,” FFR aims to empower humanoid, biomimetic, and other robotic form factors through a unified EAI Brain, while continuously expanding their multi-task and multi-scenario capabilities. The ecosystem is designed to support the full robotics lifecycle, including R&D, deployment, data collection and training, operations, and commercial applications. FFR also operates RoboShare, a robot-sharing and services platform.
To learn more, visit www.ff.com.
Forward-Looking Statements
This press release contains “forward-looking statements” within the meaning of the safe harbor provisions of the Private Securities Litigation Reform Act of 1995, as amended, and other applicable securities laws. Statements other than historical facts, including statements regarding the standalone full-year 2026 guidance for the acquired robotics business, expected sales and shipments, projected revenue and unit sales under the five-year business plan, expected gross margins, planned partnerships and access to government procurement opportunities, FFR’s business strategy, commercialization plans, robotics operations, anticipated benefits of the acquisition, future growth opportunities and development and deployment of robotics technologies, are forward-looking statements. You can often identify forward-looking statements by words such as “may,” “might,” “will,” “shall,” “should,” “expects,” “plans,” “anticipates,” “could,” “intends,” “targets,” “projects,” “contemplates,” “believes,” “estimates,” “predicts,” “potential,” “goal,” “objective,” “seeks,” “likely,” or “continue,” or the negative of these terms or other similar expressions; the absence of these words does not mean a statement is not forward-looking.
These statements are based on current expectations, estimates and assumptions and involve risks and uncertainties that could cause actual results to differ materially from those expressed or implied. Such risks include the risk that the standalone guidance and longer-term projections are not achieved; FFR’s ability to successfully integrate and operate the acquired business, commercialize its robotics technologies, achieve its business objectives, obtain additional financing, maintain compliance with Nasdaq listing requirements, compete effectively, manage its liquidity position and execute its strategic transition.
Additional risks and uncertainties are described in FFR’s filings with the U.S. Securities and Exchange Commission, including its Annual Report on Form 10-K, Quarterly Reports on Form 10-Q and subsequent filings available at www.sec.gov.
Forward-looking statements speak only as of the date of this release. Forward-looking statements are based on management’s current expectations and assumptions, are not guarantees of future performance and speak only as of the date of this release. Except as required by applicable law, FFR undertakes no obligation to update or revise any forward-looking statements.
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SOURCE FF EAI Robotics Ecosystem Inc.
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