Micropolis, a Dubai-based autonomous mobile robot manufacturer, plans to construct a new production plant and triple its workforce through funding from an upcoming New York IPO.
The new factory in Dubai Production City will, once operational, produce an average of one robot daily to meet increasing customer demand, according to Micropolis founder and CEO Fareed Aljawhari.
Micropolis currently has two autonomous robots, M1 and M2, which utilise the same robotic platform with mobility, autonomy, and advanced AI capabilities.
In collaboration with Dubai Police, Micropolis developed an autonomous mobile robot (AMR) for crime prevention, equipped with AI engines such as facial recognition, behaviour analysis, ANPR, criminal logic, and suspect matrix.
The smaller robot model will undergo a six-month trial in April in a community, potentially expanding to more areas later this year. Micropolis aims to diversify robot use across industries, including oil and gas, waste collection, and security.
Revolutionizing Automation: Micropolis Drives Efficiency in Goods Clearance and Security with Innovative Robot Deployments
The company is collaborating on a project called “Remote Inspector” with Dubai South and Dubai Customs to expedite goods clearance processes. This initiative involves robots conducting inspections remotely, reducing costs and time.
Micropolis is also working with Neom, Saudi Arabia’s mega city, to deploy its security robot in sectors like logistics and utilities.
Having raised $8M since 2018, Micropolis aims to raise an additional $37M through an IPO in New York, planning to offer 8.2 million shares with an estimated price range of $4 to $5 per share.
The funding will support the construction of a new factory in Dubai Production City, initially assembling about one robot per week and aiming to reach over 350 per year once fully operational. Micropolis plans to expand its workforce from 50 to at least 150-200 employees to meet growing demand.
Micropolis considers developing a people-carrier version of its robot in the next development phase, envisioning unmanned vehicles for transporting people, according to The National News.
