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Miami firm buys Jamaican drone and AI business in $225,000 deal
Original: Miami firm buys Jamaican drone, AI business in US$225,000 deal that could rise 14-fold Jamaica Gleaner http:// jamaica-g
A Miami-based company has acquired a Jamaican drone and artificial intelligence business in a deal valued at US$225,000, with earn-out provisions that could lift the total consideration roughly fourteen-fold. The purchase, reported by the Jamaica Gleaner, highlights growing US interest in Caribbean technology firms and signals a potential exit opportunity for Jamaican tech entrepreneurs.
Why now: The deal's potential to grow fourteen-fold makes it a notable sign of foreign interest in Jamaica's emerging tech sector.
Evidence
- Miami firm buys Jamaican drone, AI business in US$225,000 deal that could rise 14-fold Jamaica Gleaner http:// jamaica-gleaner.com/article/bu siness/20261028/miami-firm-buys-jamaican-drone-ai-business-us225000-deal-could-rise-14 # Jamaica # Business · jamaicaneye@social.angozi.com · 2
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