# Robo.ai Announces October Revenue of Over US$100 Million

- Link: https://www.thailand-business-news.com/pr-news/robo-ai-announces-october-revenue-of-over-us100-million
- Published: 2026-11-09T18:00:00+07:00
- Author: PR Newswire

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_Reiterates Full-Year 2026 Revenue Outlook of Approximately US$600 Million_

_Appoints_ _Ralf R. Debbas as President; Advances Industrial and AI Initiatives_

DUBAI, UAE, Nov. 9, 2026 /PRNewswire/ — Robo.ai Inc. (Nasdaq: AIIO) ("Robo.ai" or
the "Company"), a UAE-based, Nasdaq-listed technology company, today announced preliminary,
unaudited total revenue of over US$100 million for October 2026, primarily driven
by its subsidiary Quantum Core Capital Limited ("QC Capital"). The Company reiterated
its expectation of approximately US$600 million in total revenue for the full year
2026.

Since its September update, the Company has appointed W Motors founder Ralf R. Debbas
as President. Its industrial subsidiary ALIF Holding has announced plans to establish
a composites manufacturing business, ALIF Composites, and has presented an integrated
oil spill response system concept. The Company’s subsidiary Neurovia AI, which has
launched its NeuroStream™ platform and completed a live technical demonstration,
presented the technology at the 3rd Government AI Summit in Abu Dhabi.

**QC Capital Revenue Contributions Support Full-Year Outlook**

Unaudited total revenue exceeded US$100 million in October, the second consecutive
month above that level. As previously disclosed, QC Capital, through its operating
businesses, manages operations and delivery for enterprise customers and charges
for each delivery order once it is completed and accepted. Since its acquisition
by the Company on June 15, 2026, QC Capital has maintained stable operations and
service delivery while consistently contributing revenue.

The Company believes this performance reflects smooth integration and provides a
foundation for further development. Revenue alone is not indicative of the Company’s
profitability or operating cash flow. The full-year outlook reflects management’s
current estimates and is subject to change.

**President to Lead Industrial Strategy and Partnerships**

On November 2, 2026, the Company appointed Ralf R. Debbas as President, effective
immediately. In this role, Mr. Debbas will drive Robo.ai’s industrial strategy and
international partnerships and coordinate across its portfolio companies, with a
focus on developing its artificial intelligence and advanced manufacturing operations.

Mr. Debbas founded W Motors in 2012 and later led its expansion into an integrated
automotive company spanning design, research and development, engineering, and manufacturing.
He also led the development of an integrated automotive manufacturing facility in
Dubai and spearheaded the GHIATH smart patrol vehicle program with the Dubai Police,
bringing the vehicle into local production and delivery. Mr. Debbas plans to engage
more directly with shareholders and investors through video updates on the Company’s
business progress and milestones.

**ALIF Holding Plans Composites Manufacturing and Oil Spill Response Business**

On October 12, 2026, the Company announced that its majority-owned subsidiary ALIF
Holding plans to establish ALIF Composites in the UAE and will hold a majority stake
in the new company. Production is targeted to begin in the fourth quarter of 2026,
with a target annual manufacturing capacity of 10 million square meters of composite
raw materials for 2027. ALIF Composites plans to operate at the ALIF Holding Group
Industrial Park in Umm Al Quwain, where Phase I broke ground on September 25, 2026.
Its planned portfolio includes carbon fiber composites, prepregs, custom components,
and engineering services for marine, mobility, energy, and industrial customers.
The capacity target represents planned annual manufacturing capability and does 
not constitute a commitment to 2027 production, sales, or revenue.

On October 8, 2026, ALIF Holding presented an integrated oil spill response system
concept for its proposed ALIF Maritec venture, which is expected to be the first
project to occupy Phase I of the industrial park. Designed for ports, oil and gas
terminals, offshore facilities, shipyards, and coastal industrial sites, the proposed
system would connect spill monitoring, containment, recovery, and post-incident 
assessment, supported by engineering, training, and maintenance services. ALIF Holding
plans to evaluate pilot opportunities for the system in the UAE. Both initiatives
remain subject to site and partner arrangements, technical validation, funding, 
permits, and other approvals.

**Neurovia AI Presents NeuroStream™ at Government AI Summit**

On November 3, 2026, Neurovia AI, a subsidiary of the Company, participated as the
Official Government AI Partner at the 3rd Government AI Summit in Abu Dhabi, where
it presented NeuroStream™, its intelligent visual data optimization platform designed
to reduce the volume of visual data transmitted, processed and stored for AI applications.
Neurovia AI is pursuing a use-case-driven approach focusing on technical validation
and integration with government, smart infrastructure, and enterprise environments.

**Strategic Transformation Moves Toward Delivery**

"QC Capital continues to deliver steady revenue, giving us a solid base as we build
out our industrial and AI businesses," said Benjamin Zhai, Chief Executive Officer
of Robo.ai. "Our focus now is on turning plans into delivery. Ralf has taken industrial
products in the UAE from design to local production, and that is the experience 
we need as ALIF Holding and Neurovia AI move from concept and validation toward 
delivery. We are confident in our direction and will stay focused on building a 
stronger operating base, putting our technology to work in industry and creating
long-term value for shareholders."

**About Robo.ai Inc.**

Robo.ai Inc. (Nasdaq: AIIO), headquartered in Dubai, United Arab Emirates, is a 
Nasdaq-listed technology group building intelligent infrastructure across four platforms:
artificial intelligence; robotics and smart mobility; advanced manufacturing; and
digital assets and capital. Its industrial group, ALIF Holding, is dedicated to 
building intelligent industries through the development, integration and manufacturing
of AI systems, serving government, public sector and mission-critical domains. Through
its subsidiary Neurovia AI, the Company develops AI software and visual data infrastructure.
Quantum Core Capital ("QC Capital"), its AI-powered deep-tech holding and venture-
building platform, incubates, invests in and operates businesses across artificial
intelligence, robotics, digital infrastructure and the next-generation digital economy.

**Forward-Looking Statements**

This press release contains statements that may constitute "forward-looking" statements
pursuant to the "safe harbor" provisions of the U.S. Private Securities Litigation
Reform Act of 1995, including: statements regarding the Company’s unaudited October
2026 revenue and full-year 2026 revenue outlook; acquisition integration; the President’s
role; the proposed formation, targeted production, and 2027 capacity of ALIF Composites;
the phased development of the ALIF Holding Group Industrial Park; the proposed establishment
and occupancy of ALIF Maritec and its proposed oil spill response system; the development
and commercialization of NeuroStream™; product development; local manufacturing 
and delivery capabilities; and anticipated strategic benefits. These forward-looking
statements can be identified by terminology such as "will," "expects," "anticipates,""
aims," "future," "intends," "plans," "believes," "estimates," "targets," "likely
to," "challenges," and similar statements.These statements are based on management’s
current expectations, estimates, and assumptions. The unaudited October revenue 
information and the revenue outlook are preliminary, are based on management’s current
estimates, are subject to change, and are not guarantees of future results. Robo.
ai may also make written or oral forward-looking statements in its periodic reports
to the U.S. Securities and Exchange Commission (the "SEC"), in its annual report
to shareholders, in press releases and other written materials, and in oral statements
made by its officers, directors, or employees to third parties. Statements that 
are not historical facts, including statements about Robo.ai’s beliefs, plans, and
expectations, are forward-looking statements. Forward-looking statements involve
inherent risks and uncertainties. A number of factors could cause actual results
to differ materially from those contained in any forward-looking statement, including
but not limited to the following: Robo.ai’s strategies, future business development,
and financial condition and results of operations; Robo.ai’s limited operating history
in its current business; Robo.ai’s ability to generate positive cash flow and profits;
Robo.ai’s ability to compete successfully; Robo.ai’s ability to build its brand 
and withstand negative publicity; and changes in customer demand and government 
incentives, subsidies, or other favorable government policies. Further information
regarding these and other risks is included in Robo.ai’s filings with the SEC. All
information provided in this press release is as of the date of this press release,
and Robo.ai does not undertake any obligation to update any forward-looking statement,
except as required under applicable law.

**Investor and Media Contacts**

Investor Relations: [ir@roboai.group](https://www.thailand-business-news.com/pr-news/ir@roboai.group)

Media: [pr@roboai.group](https://www.thailand-business-news.com/pr-news/pr@roboai.group)
Website: [www.roboai.group](https://www.roboai.group/)

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