Mobilise App Lab Limited Signs Non-Exclusive Distribution Agreement with KEENON (Hong Kong) Limited
Mobilise App Lab Limited has entered into a Non-Exclusive Distribution Cooperation Agreement with KEENON (Hong Kong) Limited. This partnership authorizes Mobilise to handle the distribution, deployment, and after-sales servicing of AI-powered autonomous service robots across India's territory.Under the terms of the agreement, Mobilise has been appointed as the authorized non-exclusive distributor responsible for several key areas concerning KEENON's service robot products.
Key responsibilities under the cooperation agreement include:
- Sales and marketing of KEENON's service robot products
- Product installation and deployment
- Technical support and debugging
- After-sales service and maintenance across India
This collaboration allows the Company to offer advanced robotics solutions across diverse sectors. These sectors include hospitality, food & beverage, healthcare, retail, logistics, corporate campuses, and industrial facilities.
The partnership marks the Company's strategic entry into the burgeoning service robotics market in India. As automation and artificial intelligence see increasing adoption across industries, the agreement positions Mobilise to capitalize on growing opportunities in robotics deployment and related technology services.
Mobilise anticipates that this collaboration will generate diversified revenue streams. These expected streams encompass:
- Sale and deployment of robotic solutions
- Annual maintenance and service contracts
- Software integration and support services
- Recurring consumables and operational services
This strategic direction aligns with Mobilise's long-term strategy to expand its capabilities in emerging technologies, including Artificial Intelligence (AI), Internet of Things (IoT), and Robotics.
Mr. Ashish Sharma, Managing Director of Mobilise App Lab Limited, commented on the milestone, stating that KEENON's products have been globally battle-tested. He added that Mobilise plans to integrate its own software and technology layer into the deployment experience, ensuring customers receive maximum operational value.
MOBILISE Stock Price Movement
On Thursday, shares of Mobilise App Lab edged higher, gaining 9.98% to settle at ₹69.6 as trading concluded. The stock’s performance was robust, reaching an intraday high of ₹72.2, which marked its 52-week peak on the day amid 70,400 shares traded.Source:
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