Blockchain Registration Transaction Record

Massimo Group to Acquire AI Tech Firm FST in $27M-$35M Mobility Deal

Massimo Group (NASDAQ: MAMO) announces a $27M-$35M deal to acquire AI tech firm FST Development, merging powersports with intelligent hardware and digital health robotics.

This acquisition matters because it represents a strategic fusion of traditional manufacturing with advanced AI, potentially accelerating the development of smarter, more autonomous outdoor and health-focused vehicles. For consumers, it could lead to safer, more connected, and intelligent powersports products and new categories of digital health robotics. For investors and the industry, it signals how legacy companies are adapting to technological disruption, with Massimo positioning itself at a high-growth intersection. The deal's performance-linked structure also highlights a shift toward ensuring acquired technologies deliver tangible value, making it a case study in post-merger integration in the tech-mobility space.