Realbotix Reports that Potential US-Canada Tariffs Pose Insignificant Risk
The Company notes, 100% of its manufacturing and sales originate from the US, and sales to Canadian customers accounted for approximately 3% of Realbotix’s total sales in 2024. Therefore, regardless of the outcome of the tariffs, the Company expects an insignificant impact to its operations.
Realbotix Corp. (TSX-V: XBOT) (Frankfurt Stock Exchange: 76M0.F) (OTC: XBOTF) ("Realbotix" or the "Company"), a leading creator of humanoid robots and companionship-based AI, provides an update that potential US-Canada tariffs would have an insignificant impact on its operations.
On February 2, 2025, the US and Canada respectively announced a 25-per-cent tariff to be imposed on goods imported and exported between the two countries, effective February 4, 2025. The two governments later announced that the tariffs would be paused for 30 days.
The Company notes, 100% of its manufacturing and sales originate from the US, and sales to Canadian customers accounted for approximately 3% of Realbotix's total sales in 2024. Therefore, regardless of the outcome of the tariffs, the Company expects an insignificant impact to its operations.
The Company continues to monitor the trade situation, and should any further material developments occur that could potentially impact our business, will promptly update the market, our customers, and investors.
About Realbotix
Transcending the barrier between man and machine, Realbotix creates customizable, full-bodied, humanoids with AI integration that improve the human experience through connection, learning and play. Manufactured in the USA, Realbotix has a reputation for having the highest quality humanoid robots and the most realistic silicone skin technology.
Realbotix sells humanoid products with embedded AI and vision systems that enable human-like social interactions and intimate connections with humans. Our integration of hardware and AI software results in the most human looking full-sized robots on this planet. We achieve this through patented technologies that deliver human-like appearance and movements. This versatility makes our robots and their personalities customizable and programmable to suit a wide variety of use cases.
Visit Realbotix.AI to learn more.
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