Core Viewpoint - LOBO EV Technologies Ltd. has entered into a letter of intent with Roundtree Lab to manufacture smart electric medical transport beds, marking its first entry into the healthcare equipment market and emphasizing its commitment to innovation and diversification [1][2]. Group 1: Collaboration Details - The collaboration will leverage LOBO's expertise in connectivity and multimedia interactive systems, applying these capabilities to Roundtree's advanced bed technology [2]. - LOBO will serve as the Original Equipment Manufacturer (OEM) for Roundtree's AI-driven medical transport beds, utilizing Roundtree's patents and licenses [3]. - The partnership is expected to enhance patient care, safety, and efficiency within healthcare facilities [2]. Group 2: Market and Revenue Potential - Roundtree's established relationships with U.S. hospitals are anticipated to accelerate market penetration for the advanced transport beds across the United States [4]. - The partnership is projected to generate over $10 million in revenue in 2025, contingent on LOBO's consistent delivery of high-quality products [5]. Group 3: Management Commentary - The CEO of LOBO expressed excitement about the collaboration, highlighting the commitment to delivering AI-powered medical transport beds to the U.S. healthcare market [6]. - The CEO of Roundtree Lab emphasized LOBO's manufacturing capabilities and technological innovation as key factors for the partnership's success [6].
LOBO EV Technologies Ltd. Announces Strategic Collaboration with Roundtree Lab, LLC to Manufacture Advanced E-Hospital Beds