UMT United Mobility Technology AG has invited shareholders to an extraordinary general meeting on 21 October 2026 in Munich to approve a change of the company’s name to “WAYDEAR AG”. The sole agenda item is the corresponding amendment to the Articles of Association. The notice will be published in the Federal Gazette on 14 September 2026, and the documents will be available from that date in the Investor Relations section at www.umt.ag.
The rebranding is significant because it formally marks the completion of UMT AG’s operational transformation from a mobility technology company to a provider of agent-based AI solutions. The previous name, “United Mobility Technology”, dates back to an earlier business model and no longer reflects the company’s current activities. UMT AG now develops and markets agent-based AI solutions (Agentic AI) that automate document-intensive and regulation-driven business processes in small and medium-sized enterprises. This reorientation has been fully implemented operationally: two product lines are on the market, the Catchflow Agent for EU import processes (CATCH/TRACES) and UMS Vision AI for transport and logistics companies. In June, the company secured NORDFROST, the German market leader in frozen food logistics, as a reference customer for CATCH automation, as well as EYE Logistics for UMS Vision AI. Further customers have been added since then.
The name change matters because it aligns the company’s brand with its actual business, making it easier for customers, partners and investors to understand what the company does. As CEO Erik Nagel explains, “The reorganisation of UMT AG is complete. The products are on the market, we have secured our first reference customers, and the sales organisation is in place. The company name was the last element that still dated from a different era. With WAYDEAR, we will henceforth operate under a name that says exactly what we do.” The rebranding thus serves as a clear signal that UMT AG is now fully focused on Agentic AI.
Financially, the company’s guidance remains unchanged: break-even in 2026, revenue of between 1.2 and 1.5 million euros in the 2027 financial year with a revenue margin of 60 to 70 per cent. The revenue margin refers to the gross profit margin—revenue less variable sales commissions and other directly attributable service costs—expressed as a proportion of revenue. The break-even point refers to EBITDA on a monthly basis at the end of 2026. These projections underscore the company’s confidence in its new direction and provide investors with a tangible roadmap for growth.
For shareholders, the change of company name will take effect upon entry in the Commercial Register. The ISIN (DE000A40ZVU2) and WKN (A40ZVU) remain unchanged; the shares will be traded under the new name following registration. A new stock exchange ticker symbol will be applied for after registration and announced separately. Shareholders do not need to take any action. This continuity is important as it ensures that the rebranding does not disrupt trading or shareholder rights.
Overall, the name change to WAYDEAR AG is more than a cosmetic update; it reflects a strategic pivot that positions the company in the growing field of Agentic AI. The move could enhance the company’s visibility and credibility in the AI market, potentially attracting new customers and investors. As the company continues to execute on its guidance, the rebranding may serve as a catalyst for further growth and recognition.
