Robotics Stock news
Nova MSC Berhad (KLSE: NOVAMSC / 0026) announced on October 9, 2026, that its subsidiary, Dex--lab Pte Ltd, has entered into a commercial sales agreement with China--based Chongqing Yu Hai Precision Manufacturing Co., Ltd. for the sale and deployment of humanoid robots in China.
Commercial & Financial Highlights:
- Sales Backlog Addition: The agreement establishes an aggregate sales commitment of SGD 5.0 million (approximately MYR 16.1 million) extending through August 31, 2029.
- Geographic Expansion: The contract marks Dex--lab's direct commercial entry into the Chinese market for humanoid robotic systems designed for social interaction and healthcare applications.
- Financial Contribution: The group expects the multi--year deployment contract to contribute positively to its consolidated revenue over the contractual term.