NameSilo Technologies Corp. to Acquire Reach Systems, Boosting Robotics Solutions in Industrial Applications

NameSilo Technologies Corp. Enters Acquisition Agreement with Reach Systems

In a significant move to expand its offerings in the field of remote inspection and robotics, NameSilo Technologies Corp. (CSE: URL; PINKSHEETS: URLOF) has announced a definitive share purchase agreement to acquire Reach Systems, Inc. This strategic acquisition is expected to enhance NameSilo's capabilities across multiple industrial sectors, including oil and gas, petrochemical, and national defense.

About the Acquisition

The share purchase agreement, dated February 5, 2026, stipulates that NameSilo will fully acquire Reach Systems, a Canadian-based engineering and manufacturing firm well-known for its innovative solutions in remote inspection equipment and underwater camera systems. The acquisition price is set at a total of $4,500,000, which includes the issuance of nearly 1.94 million common shares, a cash payment, and the repayment of existing shareholder loans.

Paul Andreola, the CEO of NameSilo Technologies, expressed excitement regarding this new venture, stating, "Reach Systems brings significant robotics and autonomous platform exposure to a growing number of industrial applications. This acquisition will allow us to offer best-in-class, vertically integrated multi-sensor products and services for remote and challenging applications."

Benefits and Synergies

The integration of Reach Systems into NameSilo's existing operations is expected to create considerable synergies, particularly with SewerVue Technologies, renowned for its expertise in large-diameter pipe inspection technology. By combining forces, NameSilo aims to leverage both companies' strengths to develop a comprehensive suite of advanced inspection solutions.

"Working with the accomplished team at Reach Systems, we look forward to bringing their world-class products to market, which will aid our ongoing commitment to providing innovative solutions in the industrial domain," Andreola added.

About NameSilo Technologies Corp.

NameSilo Technologies is renowned for investing in undervalued companies and opportunities with significant growth potential. The company actively manages both public and private investments across various sectors while excluding resource-based services. Notably, its subsidiary, NameSilo LLC, stands out as a low-cost provider of domain name registration services, boasting a portfolio of approximately 6.1 million active domains across about 160 countries.

Information About Reach Systems

Reach Systems specializes in engineering solutions that include the design and assembly of inspection equipment and cable/tether management systems. Their innovative products cater to niche applications in oil and gas, national defense, and marine-related industries, which gives them a competitive edge in the market.

Conclusion

This acquisition marks a pivotal step for NameSilo Technologies as it positions itself within the booming robotics and industrial solutions market. By merging forces with Reach Systems, NameSilo strengthens its proposition as a leader in providing cutting-edge technology and services to sectors that are increasingly reliant on automation and advanced inspection capabilities. As this deal comes to fruition, industry observers will be keen to see how NameSilo leverages these new resources to enhance operational efficiencies and broaden its market footprint.