Micropolis Goes Public on NYSE American
Micropolis Holding Company, a UAE-based robotics firm, has successfully raised $15.5 million through its NYSE American listing. The company offered 3.875 million shares at $4 each, marking a significant step in its growth and innovation journey.
The shares officially began trading under the ticker symbol “MCRP” on March 7, 2025. Additionally, Micropolis granted underwriters an option for additional shares, signaling potential for further capital raises in the near future.
Where Will the Funds Go?
The proceeds from the IPO will support:
- Talent acquisition
- Marketing & brand awareness
- Machinery & technology upgrades
- Research & development
- New contracts & outsourcing
- Loan repayments & working capital
With this funding, Micropolis aims to strengthen its robotics capabilities and expand its global footprint.
What is Micropolis?
Micropolis specializes in Autonomous Mobile Robots (AMRs), built on electric vehicle (EV) platforms and equipped with autonomous driving technology. Experts around the world believe that these technologies will form the backbone of the global economy in the near future. They will play a great importance in supply chains, factories, logistics, industry and many other sectors.
Key product offerings include:
- Surveillance robots with advanced cameras
- Logistics robots for automated transportation
- Road sweepers for smart city maintenance
- Collaborative robots designed for human interaction
These modular robots are designed to enhance efficiency across various industries, from security and urban management to logistics and automation.
Looking Ahead – A Step Toward the Future
It’s worth noting that in 2024, Micropolis initially aimed to raise $37 million through an IPO, with an expected share price of $4 to $5. Though the final offering was lower than expected, the successful NYSE listing marks a major milestone for the company.
With fresh capital, cutting-edge robotics technology, and a growing presence in automation, Micropolis is set to redefine the future of smart robotics—not just in the UAE but on a global scale.
