--------------------------------------------------------------------------------
                     U.S. SECURITIES AND EXCHANGE COMMISSION
                              Washington, DC 20549

                                   FORM 10-KSB

(Mark One)
[X]  Annual report pursuant to Section 13 or 15(d) of the Securities Exchange
     Act of 1934
     [Fee Required]
                              For the fiscal year ended  November 30, 2007 or
                                                         -----------------

[ ]  Transition report pursuant to Section 13 or 15(d) of the Securities
     Exchange Act of 1934
     [No Fee Required]
                              For the transition period from                 to
                                                             ---------------
                              Commission file number 0-18253
                                                    ----------

                             TRANSBOTICS CORPORATION
                 (Name of small business issuer in its charter)

               Delaware                                    56-1460497
   ----------------------------------                 --------------------
   (State or other jurisdiction of                       (I.R.S. Employer
    incorporation or organization)                      Identification No.)

    3400 Latrobe Drive, Charlotte, North Carolina             28211
    ---------------------------------------------------------------
     (Address of principal executive offices)             (Zip Code)

    Issuer's telephone number (704) 362-1115
                              --------------

    Securities registered pursuant to Section 12(b) of the Exchange Act:

                                            Name of each exchange on
                    Title of each class         which registered

                           None                       None
                     ----------------            --------------

Securities registered pursuant to Section 12(g) of the Exchange Act:

                           .01 Par Value Common Stock
                           --------------------------
                                (Title of Class)

Check whether the issuer is not required to file reports  pursuant to section 13
or 15(d) of the exchange Act

         Check whether the issuer (1) filed all reports  required to be filed by
Section 13 or 15(d) of the  Exchange  Act during the past 12 months (or for such
shorter period that the  registrant was required to file such reports),  and (2)
has been subject to such filing requirements for the past 90 days.
                                    Yes X  No
                                       ---

         Check if  disclosure  of  delinquent  filers in response to Item 405 of
Regulation  S-B is not  contained  in  this  form,  and no  disclosure  will  be
contained,  to the  best of  registrant's  knowledge,  in  definitive  proxy  or
information statements incorporated by reference in Part III of this Form 10-KSB
or any amendment to this Form 10-KSB.
                                      [ X ]
Indicate by check mark whether the  registrant is a shell company (as defined in
rule 12b-2 of the exchange act) Yes   No X
                                   ---  ---

         State issuer's revenues for its most recent fiscal year: $8,022,852

         The aggregate  market value of the voting stock held by  non-affiliates
of the Registrant  was  $1,007,647  based upon the closing sales price of Common
Stock on OTC Bulletin Board on January 22, 2008 of $0.35 per share.

         As of January 22, 2008,  5,074,951 shares of Registrant's Common Stock,
par value $.01 per share, were outstanding.

         Portions of the Registrant's  Annual Report to the security holders for
the fiscal year ended November 30, 2006 furnished to the Commission  pursuant to
Rule 14a-3(b)  under the  Securities  Exchange Act of 1934 are  incorporated  by
reference in Part II, Items 6 and 7. In addition,  portions of the  Registrant's
definitive  proxy  statement for the 2006 Annual Meeting of  Shareholders  to be
filed pursuant to Regulation  14A under the Securities  Exchange Act of 1934 are
incorporated by reference in Part III, Items 9, 10, 11 and 12.

         Transitional Small Business Disclosure Format (check one): Yes    No X
                                                                       ---   ---

--------------------------------------------------------------------------------

<PAGE>

                                     PART I

Item 1.  Description of Business

General

       The  business  model of  Transbotics  Corporation  ("Transbotics"  or the
"Company") is to design and sell  integrated  material  handling  transportation
products and solutions to customers primarily in the manufacturing  sector. It's
specialty is to integrate  "Tailor-Made" Automatic Guided Vehicles ("AGVs") with
other  types  of  automation  equipment,  particularly  loading,  unloading  and
packaging technologies, to provide a unique, integrated, automation solution. It
sells  these  systems  directly  to  end-users  and also as a  subcontractor  to
suppliers of larger automation solutions.  The Company's AGV system products and
services  have been  used in a  variety  of  industries,  including  automotive,
publishing,  paper,  consumer  products and  electronics.  AGVs are  driverless,
computer-controlled  vehicles that are programmed to transport materials through
designated pickup and delivery routines within a particular  facility (usually a
manufacturing or distribution  facility) and to transmit information  concerning
system status,  inventory  tracking and system controls to a system  controller.
For further  information  regarding AGVs, see "Automatic Guided Vehicle Systems"
below.

     The Company also  separately  sells vehicle  controls  hardware,  software,
engineering  services and other components to existing owners of AGV systems.  A
lesser part of its  business is to sell such  hardware and services to suppliers
of AGV  systems.  These  control  products  are  designed to be of such  general
applicability  as to be  incorporated  into  many  kinds  of  material  handling
vehicles.  Consequently,  they are used not only in  custom-designed  AGV's  and
systems, but also to automate  conventional  material handling equipment such as
forklifts  and  pallet  jacks.  In 2007 and 2006  sales of AGV  related  systems
products and services accounted for almost all of the Company's net revenues.

       The  Company's  primary  guidance  technology  for AGV systems is a laser
guidance  AGV control  system,  Lazerway(R),  which is viewed by  management  as
superior to the  traditional  "wire  guidepath"  technology for  controlling the
direction  of an AGV.  The laser  technology  permits  the end user to alter the
guidepaths of AGVs without changes in the user's  facility.  The Company obtains
this  technology  under a Master License  Agreement  ("MLA") with Danaher Motion
Saro AB ("Danaher").  For further information  regarding this MLA, see " License
Agreement" section below. The licensed  technologies have been used in more than
1,000 AGV systems (composed of as few as one vehicle and as many as 50 vehicles)
with over 7,000 vehicles.

       The  Company  is  an  authorized   distributor   of   industrial   robots
manufactured  by KUKA Roboter GmbH  ("KUKA").  The KUKA  product  offerings  for
palletizing are typically integrated in a full material handling system that the
Company would offer its customers.

          The  Company was founded in 1982 as the North  American  affiliate  of
Netzler & Dahlgren Co. AB ("Netzler & Dahlgren"),  a Swedish company, to acquire
or license Netzler & Dahlgren control  technologies and products for AGVs and to
enhance, modify, and otherwise adapt them for use by customers in North America.

       On March 28, 1990, the Company successfully  completed its initial public
offering  netting  $1,996,598  to improve its  financial  position for potential
growth opportunities. On November 30, 2000, the Company's license agreement with
Netzler &  Dahlgren  was  modified  to allow the  Company to pursue end user AGV
business worldwide on a non-exclusive  basis. In 2001, the Company started doing
business under the name Transbotics  Corporation and officially  adopted this as
its corporate name from NDC Automation,  Inc. through charter amendment in 2002.
The Company  obtained  additional  private equity and debt financing in 2003 and
2007.

       The  Company's  principal  office  is  located  at  3400  Latrobe  Drive,
Charlotte, North Carolina, 28211, and its telephone number is (704) 362-1115.



                                       1
<PAGE>


Strategy

The Company's  current  business  strategy is to grow Transbotics as the leading
provider of "Tailor-Made"  integrated material handling  transportation products
and  solutions.  Its  specialty is to integrate  AGV systems with other types of
automation  equipment.  The Company intends to pursue  applications that require
the integration of AGVs with industrial robots,  vision systems,  end effectors,
conveyors,  palletizers  and other  automated  loading,  unloading and packaging
technologies.  The  geographical  focus of the Company's  core business is North
America.

The  Company  will  continue to review its  strategy as it monitors  the market,
competition and growth  opportunities for its products.  Results of such reviews
may affect the above strategies. There can be no assurance that any of the above
strategies or future strategies will meet management's objectives for success or
growth.


Automatic Guided Vehicle Systems

   AGVs are  computer-controlled,  driverless  vehicles  that are  programmed to
transport  materials  through  designated  pickup and delivery routines within a
particular  facility  (usually a manufacturing or distribution  facility) and to
transmit system status, inventory tracking and control and other information. In
many manufacturing and distribution  processes,  material handling needs are met
by roller tables,  conveyors,  manually operated vehicles and other conventional
methods that rely on rigid pathways or human drivers.  AGVs do not require human
drivers and yet can be rerouted within the constraints imposed by the particular
system.  The  Company's  AGV system  products and  services  have been used in a
variety of manufacturing  and distribution  industries,  including  warehousing,
printing,  publishing,  consumer  products and paper. The Company's  technology,
once installed, can be maintained by factory floor technicians.

    The  vehicles  can be made to move and stop,  load and  unload,  and perform
other  functions.  The AGVs load  handling  equipment is adapted to the type and
weight of the  material  that it  handles  and may  consist  of a roller  table,
forklift,  mechanical  arm or  other  device.  The  vehicle's  wheel  and  drive
configurations  vary,  depending  upon the  degree of  maneuverability  required
within  the  manufacturing  or  distribution  facility.  AGVs  increasingly  are
integrated  with  sophisticated   robots  and  visual  recognition   devices  to
automatically load and unload products.

    AGVs can be guided between pick-up and delivery  points by several  methods.
The traditional  method is an inductive loop, called a wire guidepath,  which is
embedded  in the floor of the  facility  when the AGV system is  installed.  The
vehicles in an AGV system are equipped with a sensor and guidance equipment that
cause them to follow the guidepath. Because the installation of a wire guidepath
requires  cutting a channel  in the floor of the  facility,  the wire  guidepath
method  makes  rerouting  of  AGVs  less  flexible.  Moreover,  this  method  of
installation of the system makes it  inappropriate  for clean room  environments
and certain other applications.

    Vehicle guidance based on laser technology eliminates the need for extensive
facility  reconfiguration  upon  installation.  The  laser  guidance  technology
employs a  rotating  laser  beam  emitted  from a vehicle  to sweep the room and
calculate  angles to detected  reflectors.  The data  gathered in this manner is
used by the vehicle's  computer to determine  its location and progress  towards
its destination.  The vehicle can be rerouted  remotely by computer.  Management
believes that laser  guidance is superior to traditional  technology  because it
permits the end user to alter the designated  routines of AGVs without extensive
reconfiguration of the facility.

    The end users of AGV  systems  typically  are  businesses  that need to move
objects by vehicle within a single  manufacturing or distribution  facility such
as a car manufacturer  transporting engines in its production facility with AGVs
or a publisher  of  newspapers  using AGV systems  incorporating  the  Company's
products  to move paper  rolls and  finished  editions  through  their  printing
plants.

    The Company  offers over 20 standard AGV  technology  equipment and software
products with multiple  options to its customers.  These  standard  products are
incorporated  into the AGVs it offers for sale. The control products used by the
Company are designed to be of such general applicability as to be useful in many

                                       2
<PAGE>


kinds of  material  handling  vehicles.  The AGVs are  based on a  portfolio  of
standard  designs  that  usually  are  modified  to fit the  specific  end  user
application.   The  Company  calls  these  standard  but   customized   vehicles
"Tailor-Made".  The Company's AGVs typically are unit load handling type AGVs or
forklift  style  AGVs.  The  Company  also  leverages  its  design   engineering
capabilities  to offer  engineered  to order  AGVs when  appropriate  for unique
applications where standard designs are not used.

    The more complex AGV systems perform several functions and are controlled by
highly  sophisticated  computer  software.  These systems track and maintain the
flow of materials through an entire  manufacturing or distribution  process.  In
doing so, they use numerous  vehicles to move parts and  assemblies  through the
various operations  necessary to produce the finished product.  The AGV system's
computers provide host production  computers with the information  necessary for
management to make real-time  production  decisions.  The Company's  proprietary
"TMO" software product optimizes vehicle actions within a complex  manufacturing
or warehouse environment.

License Agreement

    The  Company's  AGV  system  products  and  services  primarily  incorporate
technology licensed by, and products purchased from Danaher,  formerly Netzler &
Dahlgren,  as well as technology that it has acquired or developed itself. Prior
to November 30, 2000,  the Company  operated under a MLA dated December 1, 1987,
as restated  November 30, 1995,  in which the Company  received from Danaher AGV
technology,  hardware,  software,  know-how  and  consulting  services.  The MLA
provided the Company the sole rights to commercially  and  technically  utilize,
apply and  sub-license  Danaher's AGV system control  technology and to sell its
AGV  system  products  in North  America  to  Original  Equipment  Manufacturers
("OEMs") who manufacture vehicles in North America.  The MLA, however,  provided
that other Danaher licensees that manufactured vehicles outside of North America
could sell complete  AGVs  equipped with Danaher  controls to customers in North
America.  Danaher  itself does not sell  standard or custom  vehicle  frames for
AGVs.

   On November 30, 2000, the Company  completed a  renegotiation  of its license
agreement  with  Danaher.  The new  agreement  (the  "2000  License  Agreement")
expanded the scope and territory of the  Company's  rights to permit the Company
to sell turnkey AGV systems to end users on a worldwide basis, and continues its
rights  to  sub-license  the  technology  to  OEMs  in  North  America  but on a
non-exclusive  basis. The 2000 License Agreement  continues to allow the Company
to distribute the Danaher laser  technology as described above in North America.
The agreement's term extends to December 1, 2010 and is subject to automatic two
year  extensions  unless and until  either  party,  in  compliance  with certain
procedures,  notifies the other of its intention to terminate the agreement.  It
provides  for  payment of a 10%  royalty on  sub-license  fees  received  by the
Company with respect to AGV system technology. It also provides that the Company
has the  right to  purchase  Danaher  products  at prices  determined  annually.
Royalties are due 30 days  following  receipt of payment by the Company.  During
the fiscal year ended  November 30, 2007,  the Company  incurred no royalties to
Danaher with respect to  technology  sub-licenses  and purchased an aggregate of
$757,289 of hardware, software and engineering consulting services from Danaher.

Customers

     A  substantial  portion  of the  Company's  business  in any given  year is
derived  from a limited  number of  customers,  although  the  identity of those
customers  varies somewhat from year to year. For the fiscal year ended November
30, 2007, orders from the three largest customers accounted for 25.6%, 21.7% and
9.7% of the  Company's  net  revenues.  For fiscal  2006,  orders from the three
largest  customers  accounted  for 31.1%,  13.9% and 8.0% of the  Company's  net
revenues.

     End users of the  Company's  products  and services are reached both by (1)
the Company's direct sales and (2) sales to system suppliers and OEMs.

    The Company sold turnkey  systems to twelve end users and supplied  products
to seven system  suppliers and OEM customers in 2007 that acquired the Company's
products under various types of agreements.

    The Company sold AGV system  products and services  directly to end users in

                                       3
<PAGE>


2007 to incorporate  such components and equipment into AGV systems suitable for
their  particular  needs.  AGV system products and services sold directly to end
users accounted for approximately 90%, 90% and 72% of the Company's net revenues
in the fiscal years ended November 30, 2007,  2006 and 2005,  respectively.  For
the fiscal year ended November 30, 2007,  such end user customers  accounted for
approximately $7,250,000 in net revenues.


    AGV system  products and  services  sold to system  suppliers  and OEMs as a
group accounted for approximately 10%, 10% and 28% of the Company's net revenues
in the fiscal years ended November 30, 2007,  2006 and 2005,  respectively.  For
the  fiscal  year  ended  November  30,  2007,  such  customers   accounted  for
approximately $770,000 in net revenues.


Marketing

   The Company's  marketing strategy is to promote the advantages of efficiently
moving an end user's  business from receiving to production to shipping  through
innovative,  intelligent transportation automation directly to end users. In its
approach to certain  prospective end user customers,  the Company sometimes will
offer a teamed technology arrangement. In such an arrangement,  the Company will
work as a  subcontractor  with a supplier  of a larger  automation  solution  to
integrate the Company's products and services with the other supplier's solution
to an end user's particular needs.

   The   Company's  CEO  leads  its   marketing   program.   The  Company  sends
representatives to the major trade shows held by the materials handling industry
and advertises in various industry publications.

   Major purchase orders typically are awarded through a competitive request for
proposal and bid process.  It takes,  on average,  three months to one year from
issuance of the request for proposal to award of the purchase order. The design,
manufacture and installation of AGV systems utilizing the Company's products and
services typically require an additional four to twelve months.

Backlog

    Backlog  consists of all amounts  contracted to be paid by customers but not
yet recognized as net revenues by the Company. At November 30, 2007, the Company
had a backlog of approximately  $1,860,000  compared to $2,900,000 total backlog
one year earlier.  Substantial fluctuations in backlog are considered normal due
to the size and volume of AGV system contracts.

Patents and Proprietary Information

    Product developments sponsored and funded by the Company are the property of
the Company and may be patented by the  Company.  The Company  owns and licenses
various patents and trademarks with varying expiration dates.

    Management  believes that the  Company's  know-how and ability to modify and
adapt its  products  to  changing  applications  is just as  significant  to the
maintenance of its  competitive  position as is the  protection  afforded by its
patent and trademark rights.





                                       4
<PAGE>


Research and Development

     The  Company's   research  and  development   activities  are  designed  to
complement  existing AGV  products  and  services and not to innovate  radically
different   technologies.   Management  relies  upon  Danaher  to  innovate  new
navigation and guidance technology to which the Company is entitled according to
the terms of the 2000  License  Agreement  but relies on itself for AGV  vehicle
designs and integration.

     The Company incurred  $527,872 for research and development in fiscal 2007,
compared to $312,172 and $281,369 in fiscal 2006 and 2005, respectively.


Inventory

    The Company  purchases  considerable  amounts of hardware and software  from
Danaher.  The lead  time  required  for such  purchases  averages  approximately
sixteen weeks.  Other manufactured  products  inventoried by the Company require
similar lead times.  Due to the long lead times  required and increased  work in
process  in the  manufacturing  of AGVs,  a general  increase  in the  volume of
business can require increases in inventory levels.

Competition

    The material handling industry is highly  competitive,  and technologies are
being   continuously   developed  or  improved.   While  the  Company  endeavors
continually to improve and upgrade its product and service offerings,  there can
be no  assurance  that  other  firms  having  greater  financial  resources  for
research,   development   and   marketing   will  not  develop   products   with
characteristics  superior to the Company's products or that render the Company's
products obsolete.

    The Company  faces most of its  competition  from AGV  suppliers  that offer
turnkey AGV systems based on their own proprietary  AGVs  technology.  Presently
there are approximately 10 companies offering AGV solutions in North America.

     The  terms of the 2000  License  Agreement  with  Danaher  do not  prohibit
Danaher's  other  licensees from entering the North  American  market or Danaher
from signing up new  licensees in North  America to compete with the Company and
its  sub-licensees or to supply  completed AGVs to the Company's  sub-licensees.
Management believes that such new competition could be a threat to the Company's
current and potential revenues.

Employees

    The Company  presently  employs 42 persons on a full-time basis. None of the
Company's employees is a party to a collective bargaining agreement. The Company
considers its employee relations to be good.



                                       5
<PAGE>


Item 2.  Properties

    The Company  leases two properties  (Charlotte and Detroit) under  long-term
operating leases.  The Company's Detroit,  Michigan office leases  approximately
6,000  square feet with a monthly  lease  payment of $3,200;  the Detroit  lease
expires February 28, 2008;  management  anticipates renewing the lease at market
rates. The Company's St. Augustine,  Florida office leases  approximately  1,500
square feet with a  month-to-month  lease  payment of $1,750.  The lease for the
headquarters and warehouse in Charlotte,  NC is for approximately  16,000 square
feet and in 2007 was  rented  on a  month-to-month  basis at a rate of  $13,487.
Rental expense was $235,279, $208,666, and $189,554 for the years ended November
30, 2007, 2006, and 2005, respectively.  The Company signed a five year lease in
February 2008 for its existing building in Charlotte,  NC which also includes an
additional  new  building  of  approximately  12,000  square  feet  on the  same
property.  Total  lease  cost will  approximate  $245,500  for the first year of
occupancy.

Item 3.  Legal Proceedings

               None.

Item 4.  Submission of Matters to a Vote of Security Holders

               None.



                                       6
<PAGE>


                                     PART II

Item 5.  Market for Registrant's Common Equity and Related Stockholder Matters

    The Company's Common Stock previously traded on the National  Association of
Securities Dealers, Inc. ("NASDAQ") National Market under the symbol "AGVS". The
Company's common stock began trading on the OTC Bulletin Board in November, 1995
under the symbol  "TNSB".  As of November 30, 2007,  5,074,951 of the  Company's
11,000,000 authorized shares of Common Stock were issued and outstanding.

    Trading in the Company's  securities  commenced on March 28, 1990. The table
below indicates  quarterly high and low bid and asked  information for the years
ended  November 30, 2007 and 2006,  respectively,  as provided to the Company by
the OTC Bulletin Board.  The quotations  reflect  inter-dealer  prices,  without
dealer  mark-up,   mark-down,  or  commission,  and  may  not  represent  actual
transactions.

    The  approximate  number of holders of record of common stock of the Company
as  of  January  22,  2008  was  177.  The  Company   believes  that  there  are
approximately 543 beneficial owners of the Company's Common Stock.
<TABLE>
<CAPTION>

                                                                   Market Price per Share

                                       -------------------------------------------------------------------------------
                                                        2007                                    2006

                                       -------------------------------------------------------------------------------
                                              High                 Low                High                Low
Quarter Ended                            Bid        Ask       Bid      Ask       Bid       Ask       Bid       Ask
----------------------------------------------------------------------------------------------------------------------
<S>                                      <C>        <C>       <C>      <C>       <C>       <C>       <C>       <C>
February 28                              0.56       0.59      0.25     0.47      .82       1.05      .48       .55
May 31                                   0.61       0.67      0.40     0.53      .65       .70       .51       .58
August 31                                0.61       0.70      0.45     0.50      .58       .70       .51       .55
November 30                              0.60       0.70      0.43     0.51      .52       .70       .42       .48
======================================================================================================================
</TABLE>

      The Company has never paid cash dividends and has no present  intention to
declare or pay cash dividends.  The Company  continues to explore its options to
raising  additional  capital,  entering into a possible business  combination or
taking the Company private.



                                       7
<PAGE>


                      EQUITY COMPENSATION PLAN INFORMATION

The following table summarizes  information about our equity  compensation plans
as of November 30, 2007. All outstanding  awards relate to our Common Stock. For
additional  information about our equity  compensation plans, see note 12 to our
financial statements in Item 7.
<TABLE>
<CAPTION>

                                                                                            Number of securities
                                                                                            remaining available for future
                                Number of securities to be                                  issuance under equity
                                  issued upon exercise of     Weighted-average exercise     compensation plans
                              outstanding options, warrants   price of outstanding options, (excluding securities issuable
Plan category                           and rights               warrants and rights        under outstanding options,
                                                                                            warrants and rights)
--------------------------------------------------------------------------------------------------------------------------
       <S>                                 <C>                           <C>                          <C>
Equity compensation plans
approved by security holders              172,500                       $0.25                          -

Equity compensation plans not
approved by security holders
                                             -                            -                            -
--------------------------------------------------------------------------------------------------------------------------

Total                                     172,500                       $0.25                          -
==========================================================================================================================
</TABLE>






                                       8
<PAGE>


Item 6.  Management's Discussion and Analysis of Financial
      Condition and Results of Operations

    The information under the caption  "Management's  Discussion and Analysis of
Financial Condition and Results of Operations" in the Registrant's Annual Report
to the security  holders  furnished to the Commission under Rule 14a-3(b) of the
Securities  Exchange  Act of 1934 (a copy of which is included  in the  exhibits
hereto) is incorporated herein by reference.

Item 7.  Financial Statements

    The Financial  Statements in the Registrant's  Annual Report to the security
holders  furnished  to the  Commission  under Rule  14a-3(b)  of the  Securities
Exchange  Act of 1934 (a copy of which is included in the  exhibits  hereto) are
incorporated herein by reference.

Item 8.  Changes in and Disagreements with Accountants on Accounting and
       Financial Disclosures

None

Item 8A.  Controls and Procedures


       The  Company  maintains  a system of  internal  controls  and  procedures
designed  to  provide  reasonable  assurance  that  information  required  to be
disclosed by the Company in reports filed under the  Securities and Exchange Act
of 1934 is recorded, processed, summarized, and reported within the time periods
specified in Securities and Exchange  Commission  rules and forms.  It should be
noted that in designing and evaluating the disclosure  controls and  procedures,
that any controls and procedures,  no matter how well designed and operated, can
provide only reasonable  assurance of achieving the desired control  objectives,
and  management  necessarily is required to apply its judgment in evaluating the
cost-benefit relationship of possible controls and procedures.

    As of November 30, 2007, an evaluation was performed  under the  supervision
and with the  participation of the Company's  management,  including the CEO, of
the  effectiveness  of the  design and  operation  of the  Company's  disclosure
controls and procedures  (as defined in Rule 13a-15(e)  under the Exchange Act).
Based  on that  evaluation,  the  Company's  CEO  and  Chief  Financial  Officer
concluded  that  the  Company's  disclosure  controls  and  procedures  were not
effective at the reasonable assurance level as of November 30, 2007.

      In  addition  to  management's   evaluation  of  disclosure  controls  and
procedures above, in connection with the audits of our financial  statements for
the fiscal year ended  November 30, 2007 and 2006,  the Company is continuing to
review and enhance  policies and procedures  involving  accounting,  information
systems and monitoring.

      During the audit of 2007 financial  statements,  the Company's independent
registered  public  accounting firm  identified a material  weakness in internal
control over financial reporting.  During December of 2007, the Chief Accounting
Officer position was eliminated,  which resulted in lack of financial  reporting
resources to complete the financial close and reporting process.  As a result of
limited reporting  resources,  the Company's  independent public firm identified
various  audit  adjustments  and the  closing  process  and  production  of GAAP
financial statements was delayed.

      Except as noted above, there have been no changes in internal control over
financial  reporting  that occurred  during the twelve months ended November 30,
2007 that have  materially  affected,  or are  reasonably  likely to  materially
affect, our internal control over financial reporting.



                                       9
<PAGE>


                                    PART III


Item 9.  Directors and Executive Officers of the Registrant

    The information  under the captions  "Election of Directors",  "Management",
and  "Compliance  with Section 16(a) of the Securities  Exchange Act of 1934" in
the Registrant's definitive Proxy Statement is incorporated herein by reference.

    The Board has adopted a Code of Business  Conduct and Ethics,  which applies
to all of the Company's employees,  officers and Directors. The Code of Business
Conduct  and  Ethics was filed as  Exhibit  14 of the  Company's  10-KSB for the
period ending November 30, 2003.

Item 10.  Executive Compensation

    The  information   under  the  captions   "Compensation  of  Directors"  and
"Executive  Compensation" in the Registrant's definitive Proxy Statement for its
2008 Annual Meeting of Stockholders is incorporated herein by reference.

Item 11.  Security Ownership  of  Certain  Beneficial  Owners and Management and
Related Stockholder Matters

    The  information  set  forth  under  the  caption  "Security   Ownership  of
Management and Others" in the  Registrant's  definitive  Proxy Statement for its
2008 Annual Meeting of Stockholders is incorporated herein by reference.

    Information concerning securities authorized under equity compensation plans
of the Company is included under Item 5 of this report and is incorporated under
this Item 11 by reference.

Item 12.  Certain Relationships and Related Transactions

    The information set forth under the caption  "Certain  Transactions"  in the
Registrant's   definitive  Proxy  Statement  for  its  2008  Annual  Meeting  of
Stockholders is incorporated herein by reference.






                                       10
<PAGE>


                                     PART IV

Item 13.         Exhibits and Reports on Form 8-K

   (a) Exhibits:

Exhibit
No.          Description
-------      -----------

  3.1 (a)*   Certificate of Incorporation of the Company (incorporated by
             reference to Exhibit 3.1 to the Company's Form 10-K for the fiscal
             year ended November 30, 1990 (the 1990 Form 10-K)
      (b)*   Certificate of Amendment dated May 27, 1993 (incorporated by
             reference to Exhibit 3.1 to the Company's Registration Statement on
             Form S-1 dated August 27, 1993)
      (c)*   Delaware Certificate of Amendment dated June 25, 2002 for Company's
             name change to Transbotics Corporation
  3.2 *      Bylaws of the Company (incorporated by reference to Exhibit 3.2 to
             the Company's 1990 Form 10-K)
  4.1 *      Form of Common Stock certificate (incorporated by reference to
             Exhibit 4.1 to the Company's Registration Statement (No. 33-32925)
             on Form S-18)
 10.1 (a)*   License Agreement dated November 30, 2000 between the Company and
             Netzler & Dahlgren Co. AB (incorporated by reference to Exhibit
             10.1 to the December 20, 2000 Form 8-K)
      (b)*   Security Agreement dated March 2, 2001 between the Company and
             Netzler & Dahlgren Co. AB (incorporated by reference to Exhibit
             10.2(h) to the Company's Form 10-KSB for the fiscal year ended
             November 30, 2000 (the 2000 Form 10-KSB))
 10.2 *      Service and Support Agreement dated December 14, 1999 between the
             Company and the Raymond Corporation (incorporated by reference to
             Exhibit 10.7 to the Company's 1999 Form 10-KSB)
 10.3 *      Employment Agreement dated July 24, 2007 between Charles w. Robison
             and the Company (incorporated by reference to Exhibit 10.19 to the
             Company's Form 10-QSB for the period ending August 31, 2007)
 10.4        Employment Agreement dated February 22, 2008 between Claude Imbleau
             and the Company
 10.5 *      Definitive Asset Purchase Agreement with AutoMotion Systems, Inc.
             to purchase the inventory, fixed assets and intangibles
             (incorporated by reference to Company's 8-K filing of April 27,
             2007)
 10.6 *      Press release announcing Promissory Note and other related
             agreements between Transbotics and Wachovia Bank dated March 23,
             2007 (incorporated by reference to Exhibit 10.2 to the Company's
             Form 10-QSB for the period ending February 28, 2007)




                                       11
<PAGE>


Item 13.     Exhibits and Reports on Form 8-K
Exhibit
No.          Description
-------      -----------

10.7    *    Subscription agreement for 600,000 shares and $150,000 convertible
             note between Transbotics and Robison-Oates Investment Fund, LLC.
             (incorporated by reference to Exhibit 10.2 the Company's  September
             26, 2003  Form 8-K)
10.8    *    Subscription agreement for 300,000 shares and $75,000 convertible
             note between Transbotics and Curt Kennington  (incorporated by
             reference to Exhibit 10.3 the Company's  September 26, 2003 Form
             8-K )
10.9    *    Subscription agreement for 300,000 shares and $75,000 convertible
             note between Transbotics and Anthony Packer (incorporated by
             reference to Exhibit 10.4 the Company's  September 26, 2003 Form
             8-K)
10.10   *    Investor Rights Agreement between the Corporation and Shareholders
             (incorporated by reference to Exhibit 10.5 the Company's  September
             26, 2003 Form 8-K)
10.11   *    Form D Notice of sale of securities pursuant to regulation D dated
             October 7, 2003(incorporated by reference  to Exhibit 10.9 to the
             Company's Form 10-QSB for the period ending August 31, 2003)
10.12   *    Subordinated Note in the amount of $262,500 between Transbotics
             Corporation and John H. Robison Irrevocable Trust dated November
             30, 2007  (incorporated by reference to Exhibit 99.2 the Company's
             December 4, 2007 Form 8-K)
10.13   *    Warrant to Purchase Common Stock of Transbotics Corporation by John
             H. Robison Irrevocable Trust; Warrant No.1 in the amount of 875,000
             shares at $0.40 a share (incorporated by reference to Exhibit 99.3
             the Company's  December 4, 2007 Form 8-K)
10.14   *    6% Subordinated Note in the amount of $37,500 between Transbotics
             Corporation and Stephen B. Robison Irrevocable Trust dated November
             30, 2007  (incorporated by reference to Exhibit 99.4 the Company's
             December 4, 2007 Form 8-K)
10.15   *    Warrant to Purchase Common Stock of Transbotics Corporation by
             Stephen B. Robison Irrevocable Trust; Warrant No.2 in the amount of
             125,000 shares at $0.40 a share (incorporated by reference to
             Exhibit 99.5 the Company's  December 4, 2007 Form 8-K)
10.16   *    6% Subordinated Note in the amount of $150,000 between Transbotics
             Corporation and Curt Kennington dated November 30, 2007
             (incorporated by reference to Exhibit 99.6 the Company's  December
             4, 2007 Form 8-K)
10.17   *    Warrant to Purchase Common Stock of Transbotics Corporation by Curt
             Kennington; Warrant No.3 in the amount of 500,000 shares at $0.40 a
             share (incorporated by reference to Exhibit 99.7 the Company's
             December 4, 2007 Form 8-K)
10.18   *    6% Subordinated Note in the amount of $150,000 between Transbotics
             Corporation and Anthony William Packer Rollover IRA dated November
             30, 2007 (incorporated by reference to Exhibit 99.8 the Company's
             December 4, 2007 Form 8-K)
10.19   *    Warrant to Purchase Common Stock of Transbotics Corporation by
             Anthony William Packer Rollover IRA; Warrant No. 4 in the amount of
             500,000 shares at $0.40 a share (incorporated by reference to
             Exhibit 99.9 the Company's  December 4, 2007 Form 8-K)




                                       12
<PAGE>


Item 13.     Exhibits and Reports on Form 8-K
Exhibit
No.          Description
-------      -----------

10.20  *     Press release on major order in the Forklift  Industry
             (incorporated by reference to Exhibit 99.1 to the Company's
             February 1, 2008 Form  8-K)
10.21  *     License Agreement dated December 31, 2003 between the Company and
             Frog Navigation Systems B.V. (incorporated by reference to Exhibit
             10.19 to the Company's Form 10-KSB for the period ending November
             30, 2003)
10.22  *     Press release announcing robot distribution agreement with KUKA
             Robotics dated January 16, 2006
10.23        Property lease Agreement dated February 15, 2008 between the
             Company and Kennington Family LLC.
13.          Company's 2007 Annual Report
14     *     Transbotics Code of Business Conduct & Ethics order (incorporated
             by reference to Exhibit 14 to the Company's November 30, 2003 Form
             10-KSB)
23.3         Consent of Grant Thornton  LLP to the incorporation by reference of
             its Report of Independent Registered Public Accounting Firm in this
             Form 10-KSB
31.1         Certification of by Charlie W Robison , the Company's CEO and
             Claude Imbleau , the Company's  principal financial officer and
             principal accounting officer
32.1         Certification of Periodic Financial Report pursuant to 18 U.S.C.
             section 1350
99.1*        United States Letters Patent for Optical Navigation System for an
             Automatic Guided Vehicle and Method (Patent No. 4,626,132; Date of
             Patent 08/15/89) (incorporated by reference to Exhibit 28.1 to the
             Form S-18)
99.2*        United States Letters Patent for Method and Apparatus for Providing
             Destination and Vehicle Function Information to an Automatic Guided
             Vehicle (Patent No. 4,780,817; Date of Patent 10/25/88)
             (incorporated by reference to Exhibit 28.2 to the Form S-18)
99.3*        United States Patent and Trademark  Office Notice of Recordation of
             Assignment  Document for United States Letters Patent for Automatic
             Guided Vehicle Traffic Control System and Method (Document Date
             02/19/88)   (incorporated   by reference to Exhibit 28.3 to the
             Form S-18)



                                       13
<PAGE>


Item 13.     Exhibits and Reports on Form 8-K
Exhibit
No.          Description
-------      -----------

99.4*        Canadian Letters Patent for Apparatus and Method for Optical
             Guidance System for Automatic Guided Vehicle (Patent No. 1,236,132;
             Date of Patent 05/17/88) (incorporated by reference to Exhibit 28.4
             to the Form S-18)
99.5*        United States Letters Patent for Automatically Guided Vehicle
             Having Steering Mechanism for Enabling Vehicle to Follow Guidance
             Wire (Patent No. 4,729,449; Date of Patent 03/08/88) (incorporated
             by reference to Exhibit 28.5 to the Form S-18).
99.6*        United States Letters Patent for Apparatus and Method for Optical
             Guidance System for Automatic Guided Vehicle (Patent No. 4,626,995;
             Date of Patent 12/02/86) (incorporated by reference to Exhibit 28.6
             to the Form S-18)
99.7*        United States Certificate of Registration of Trademark POWERWAY
             (No. 2,323,133; Date of Registration 02/29/2000) (incorporated by
             reference to Exhibit 99.7 to the November 30, 2003 Form 10KSB)
99.8*        United States Certificate of Registration of Trademark TRANSBOTICS
             (No. 2,740,372; Date of Registration 07/22/2003) (incorporated by
             reference to Exhibit 99.7 to the November 30, 2003 Form 10KSB)


       * Certain of the exhibits to this Report,  indicated by an asterisk,  are
         hereby  incorporated  by reference to other  documents on file with the
         Commission,  with which they are filed in fact,  to be a part hereof as
         of their respective dates.

     (b) Reports on Form 8-K

               1)   Press release  announcing  Company raising $600,000 issue of
                    new subordinated  long-term debt  (incorporated by reference
                    to Exhibit 99.1 to the Company's December 4, 2007 Form 8-K)

               2)   Announcement   that  Claude   Imbleau   will  be  taking  on
                    responsibilities    of    Principle    Accounting    Officer
                    (incorporated  by  reference  to item 5.02 to the  Company's
                    January 18, 2008 Form 8-K)

               3)   Press   release  on  major  order   totaling   approximately
                    $1,900,000  in  the  Forklift   Industry   (incorporated  by
                    reference to Exhibit 99.1 to the Company's  February 1, 2008
                    Form 8-K)

Item 14.  Principal Accountant Fees and Services

    The information under the caption  "Principal  Accountant Fees and Services"
in the  Registrant's  definitive  Proxy Statement for its 2008 annual meeting of
Stockholders is incorporated herein by reference.



                                       14
<PAGE>


                                   SIGNATURES


In accordance  with Section 13 or 15(d) of the Securities  Exchange Act of 1934,
the Registrant caused this report to be signed on its behalf by the undersigned,
thereunto duly authorized.


                                          TRANSBOTICS CORPORATION
                                          Registrant

                                          By:    /s/ Charles W. Robison
                                              ---------------------------------
                                                 Charles W. Robison
                                                 Chief Executive Officer

                                          By:    /s/Claude Imbleau
                                              ---------------------------------
                                                 Claude Imbleau
                                                 Chief Financial Officer
                                                 Principal Accounting Officer


Date: February 28, 2008




                                       15
<PAGE>


In  accordance  with the Exchange  Act, this report has been signed below by the
following  persons on behalf of the  Registrant  and in the  capacities and date
indicated.


                                By:     /s/ D. Bruce Wise
                                    ------------------------------
                                        D. Bruce Wise
                                        Chairman of the Board of Directors

                                By:     /s/ Charles W. Robison
                                    ------------------------------
                                        Charles W. Robison
                                        CEO
                                        Vice Chairman of the Board of Directors

                                By:     /s/Claude Imbleau
                                    ------------------------------
                                        Claude Imbleau
                                        CFO
                                        Director (Principal Financial Officer,
                                         Principal Accounting Officer)

                                By:     /s/ Neville Croft
                                    ------------------------------
                                        Neville Croft
                                        Vice President AutoMotion
                                        Director


                                By:     /s/ John H. Robison
                                    ------------------------------
                                        John H. Robison
                                        Director

                                By:     /s/ Larrimore Wright
                                    ------------------------------
                                        Larrimore Wright
                                        Director

                                By:     /s/ Curt Kennington
                                    ------------------------------
                                        Curt Kennington
                                        Director

                                By:     /s/ Anthony Packer
                                    ------------------------------
                                        Anthony Packer
                                        Director

Date: February 28, 2008


                                       16