UMT United Mobility Technology AG has invited shareholders to an extraordinary general meeting on 21 October 2026 in Munich to approve changing the company’s name to WAYDEAR AG. The sole agenda item is the amendment to the Articles of Association, with the Management Board and Supervisory Board proposing the change. 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 the final step in a comprehensive operational transformation. 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. Two product lines are already 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, another SME freight forwarding client, for UMS Vision AI. Further customers have been added since then.
“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,” says Erik Nagel, CEO of UMT AG.
The name WAYDEAR combines ‘Way’ – path, process, direction – with ‘dear’ in the sense of valuable, reflecting the company’s focus on automating business-critical processes. The rebranding is intended to make it easier for customers, partners and investors to understand the business model.
For shareholders, the change is administrative only. The ISIN (DE000A40ZVU2) and WKN (A40ZVU) remain unchanged, and 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.
The company’s financial guidance, published in August, remains unchanged: break-even on a monthly EBITDA basis by the end of 2026, and 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.
This news matters because it signals the completion of UMT AG’s pivot to the fast-growing Agentic AI market. The name change is more than cosmetic; it aligns the company’s public identity with its actual business, potentially improving visibility and credibility among SME clients, partners, and investors. With reference customers already secured and a clear financial target, the rebranding could support sales momentum and investor confidence. The company’s shares are listed on the Open Market (Basic Board) of the Frankfurt Stock Exchange.
