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Mint Signed MOU with Edvance Innovation Limited to Expand into the Middle East and North Africa Education Robotics Market Through Distribution Partnership

$MIMIPress releaseSep 9, 2026, 8:00 AM ETRead the release

Mint's majority-owned joint venture Rice Robotics AGI signed a non-binding MOU with Morocco-based Edvance Innovation Limited to enter the MENA education robotics market, naming Edvance exclusive distributor for Morocco and non-exclusive distributor for the rest of the region. The MOU outlines a non-binding commercial goal of deploying 3,000 educational robotics units over 36 months, with a first purchase order of 50 units targeted by 30 November 2026, subject to final specifications, sample validation, confirmed pricing, and agreed delivery terms.

Key figures

First po units
50
Jv established
May 2026
First po target date
30 November 2026
Planned unit deployment
3000
Deployment window months
36

AI analysis

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    MIMI: Mint Signed MOU with Edvance Innovation Limited to Expand into the Middle East and North Africa Education Robotics Market Through Distribution Partnership — AI Analysis | Signal8