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 proposed amendment to the Articles of Association. The notice will be published in the Federal Gazette on 14 September 2026, and the meeting documents will be available from that date in the Investor Relations section at www.umt.ag.
The rebranding underscores a strategic pivot away from the company’s legacy mobility business. The previous name, United Mobility Technology, no longer reflects the company’s current activities. UMT AG now develops and markets agent-based AI solutions, known as Agentic AI, that automate document-intensive and regulation-driven business processes for small and medium-sized enterprises. This reorientation has been fully implemented operationally, with two product lines already on the market: the Catchflow Agent for EU import processes (CATCH/TRACES) and UMS Vision AI for transport and logistics companies.
Commercial traction is building. In June, the company secured NORDFROST, the German market leader in frozen food logistics, as a reference customer for CATCH automation, along with EYE Logistics, another SME freight forwarding client, for UMS Vision AI. Further customers have been added since. These wins provide early validation of the company’s technology and go-to-market strategy.
Financial guidance published in August remains unchanged. Management expects break-even on a monthly EBITDA basis at the end of 2026. For the 2027 financial year, the company targets revenue of between 1.2 and 1.5 million euros with a revenue margin of 60 to 70 per cent. That 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 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,” said Erik Nagel, CEO of UMT AG.
The new name combines “Way” – path, process, direction – with “dear” in the sense of valuable. The company aims to signal that it automates business-critical processes for its customers. For shareholders, the change is administrative only: the ISIN (DE000A40ZVU2) and WKN (A40ZVU) remain unchanged, and no action is required. The name change will take effect upon entry in the Commercial Register. A new stock exchange ticker symbol will be applied for after registration and announced separately.
This move matters for leaders tracking the adoption of Agentic AI in regulated, document-heavy industries. By focusing on EU import processes and transport logistics, UMT AG targets niche workflows where automation can deliver clear compliance and efficiency gains. The rebranding may help customers, partners, and investors more easily understand the company’s value proposition. However, the company remains small, with 2027 revenue guidance of 1.2 to 1.5 million euros, so execution and scaling will be key. The extraordinary general meeting on 21 October 2026 will be the next milestone.
