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ISDN's Unit Divests Stake in AR Robotics

-- ISDN's (SGX:I07) unit, AR Robotics and Automation, divested 486,500 of its shares to Trinity One LT and Soradynamics, according to a Tuesday filing with the Singapore Exchange.

Following the transaction, ISDN retains a 30% stake in AR Robotics, which is involved in the commercial development of advanced robotics and AI solutions for global markets.

The company will also contribute SG$1 million seed capital to help establish operations, while Soradynamics will leverage its proprietary drone technology and video fusion capabilities.

Meanwhile, Trinity will provide financial backing to AR Robotics.

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