Kody Technolab Limited forms a Joint Venture in Abu Dhabi with Platinum Group to Manufacture Robotic Solutions

Ahmedabad, India, January 2025 – Kody Technolab Limited (KTL), a pioneering Indian
robotics and software company listed on the NSE, proudly announces an exclusive joint
venture with the UAE-based Platinum Group for Businessmen Services L.L.C. Together,
they have formed Falcon Tech Robotics LLC, a cutting-edge manufacturing company
dedicated to producing “Made in UAE” robots for diverse industries.

This landmark joint venture marks a historic milestone for Kody Technolab Limited as it
becomes the first Indian listed company to collaborate with Platinum Group. Falcon Tech
Robotics will exclusively serve the Middle East region, laying a foundation for future
innovation and growth.

Falcon Tech Robotics LLC represents the first step in Kody Technolab Limited’s ambitious
global strategy to expand its footprint in international markets. Through this joint venture,
the company is poised to lead India’s foray into the global robotics landscape, while
strengthening economic and technological ties with the UAE. With the Platinum Group
holding a 60% stake and Kody Technolab Limited a 40% stake, the joint venture ensures a
balanced and collaborative approach to achieving mutual growth.

Kody Technolab Limited’s extensive research and development efforts have culminated in
the provision of cutting-edge robotic solutions, development kits, integrated software
solutions, and proprietary technical expertise for Falcon Tech Robotics. These
components will be used to make robots in the UAE, which will then be marketed locally
and exported to GCC countries and the broader Middle East region exclusively.

Building on the extensive R&D and the partnership, Falcon Tech Robotics LLC, will provide
advanced robotic solutions, including:

• Defense and Surveillance Robots: Enhancing national security and tactical
  capabilities.
• Experiential Marketing Robots: Redefining engagement in retail and advertising
  sectors.
• Hospitality Service Robots: Revolutionizing customer experiences in hotels,
  restaurants, and healthcare.
• Cleaning Robots: Automating sanitation and hygiene processes in commercial
  spaces, healthcare facilities, and public infrastructure

The Platinum Group is a renowned UAE-based conglomerate celebrated for fostering
innovation and economic growth in the region. With its deep-rooted legacy in Asset
Management, Real Estate, Oil & Gas, Sports Entertainment, IT, Medical, Gold, Food,
Defense, and Industrial engineering. The group brings unparalleled market knowledge and
state-of-the-art facilities to the joint venture. This partnership highlights the Platinum
Group’s ability to foster international cooperation and drive economic diversification in the
UAE.

Falcon Tech Robotics LLC embodies the shared vision of India and the UAE to lead in
technological innovation, create skilled jobs, and boost economic diversification. By
producing “Made in UAE” robotics solutions and exporting them exclusively across the
GCC region, the venture highlights the growing strength of the India-UAE trade corridor.

“This partnership with the Platinum Group is a testament to Kody Technolab Limited’s
expertise in robotics and our commitment to global innovation. Together, we aim to
revolutionize the robotics sector, fostering economic growth and strengthening India-UAE
ties. Falcon Tech Robotics represents the culmination of shared vision, technological
leadership, and international collaboration that will pave the new age for India-UAE Trade
corridor.” said Manav Patel, Managing Director at Kody Technolab Limited.

Kody Technolab Limited’s role in this exclusive partnership reinforces its position as a
leader in robotics and technology innovation. This JV elevates Kody Technolab Limited’s
global profile and reinforces India’s reputation as a hub for innovation and technical
expertise.

About Kody Technolab Limited

Kody Technolab Limited is a leading, publicly traded robotics and AI solutions provider,
specializing in enterprise-level projects and mobile application development. Known for its
expertise in artificial intelligence, machine learning, and advanced robotics, Kody
Technolab Limited has delivered over 250 projects to clients in more than 30 countries. The
company’s commitment to innovation continues to set new standards in customer
engagement and intelligent automation solutions worldwide.

For interview requests, product demonstrations, or additional media materials, please
contact.

To learn more about Platinum Group, please visit http://www.platinumgroupuae.com

Contact Information:

Kody Technolab Limited

[email protected]

+91 93167 56367