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Nightfood Holdings Inc. (OTCQB: NGTF) Moves Beyond Proving Out Tech to Actual Deployment with LOI Announcement

  • Nightfood Holdings Inc. (OTCQB: NGTF), operating as TechForce Robotics, was featured in an AINewsWire editorial titled "Industrial Robot Installations Hit Record Highs as Global Labor Shortages Deepen."
  • Global industrial robot installations reached 542,000 units in 2024, doubling the volume from a decade prior, with a total market value of $16.7 billion.
  • TechForce Robotics has signed a nonbinding letter of intent with Singapore-based NBR Intelligence Pte. Ltd. for a factory automation initiative targeting approximately 5,000 robotic systems.
  • The TechForce Robotics deal includes a plan to deploy five pilot units within 120 days.
  • Nightfood Holdings utilizes a vertically integrated business model combining proprietary robotics, AI-enhanced software, and strategic manufacturing partnerships to address labor challenges.
  • The company delivers solutions through a Robotics-as-a-Service (RaaS) model, focusing on hospitality, food service, pharmaceutical, laboratory, and industrial automation sectors.
  • AINewsWire is a specialized communications platform within the InvestorBrandNetwork Dynamic Brand Portfolio that syndicates content to over 5,000 outlets and reaches millions of social media followers.
  • The release contains forward-looking statements regarding future expectations, strategies, and plans, accompanied by standard disclaimers regarding investment risks and the non-endorsement of other industry participants.
  • AINewsWire holds no shares in Nightfood Holdings or any other company mentioned in the release and is not a registered broker-dealer or investment adviser.