Fifty 1 Labs (OTC: FITY) issued a clarification regarding its Aug. 26, 2025, press release, confirming that no formal partnership or collaboration has ever been formed between the company, or its former subsidiary Fifty1 AI Labs, and LUNR Aerospace, and that there is no current intent to do so. The company stated that following the resignation of former CEO Mr. Arora on Dec. 1, 2025, there is no common ownership, management, or board representation between the entities, and that Fifty1 Labs divested from Fifty1 AI Labs Inc. as of Dec. 3, 2025. Management emphasized that there is no overlap in work, leadership, funding, or affiliation between Fifty1 Labs and LUNR Aerospace.
To view the full press release, visit https://ibn.fm/OxMN1
About Fifty1 AI Labs
Fifty1 AI Labs, a subsidiary of Fifty1 Labs, Inc. (OTC: FITY), is redefining drug discovery by using AI to unlock new potential in proven medicines. By repurposing safe, off-patent compounds, we accelerate smarter therapies that improve lives, reduce costs, and create lasting value for patients, partners, and forward-thinking investors.
For more information, visit the company’s website at https://fifty1labs.com/
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