--------------------------------------------------------------------------------
                          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, 2005 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: $8,431,656

     The aggregate  market value of the voting stock held by  non-affiliates  of
the Registrant was $2,161,312 based upon the closing sales price of Common Stock
on OTC Bulletin Board on January 13, 2006 of $0.75 per share.

     As of January 13, 2006,  4,827,451 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, 2005 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 (the "Company") is to design
and sell, integrated material handling  transportation products and solutions to
customers  primarily in the manufacturing  sector. Its 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 "AUTOMATED 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 non-competing 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 vehicles
and systems, but also to automate  conventional material handling equipment such
as forklifts  and pallet  jacks.  In 2005 and 2004 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 "The
License Agreement" 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 it 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  changed its
corporate name from NDC Automation,  Inc. through charter amendment in 2002. The
Company obtained additional private equity and debt financing in 2003.

     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  Automatic Guided Vehicle
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.

     Automatic guided vehicles 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

                                        2

<PAGE>

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
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 Master  License  Agreement
("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 Master License Agreement 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,  dated November 30, 2000, (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,  2005,  the  Company
incurred no royalties to Danaher with  respect to  technology  sub-licenses  and
purchased  an  aggregate  of  $805,250 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, 2005, orders from the three largest customers accounted for 16.1%, 13.4% and
12.3% of the  Company's  net  revenues.  For fiscal 2004,  orders from the three
largest  customers  accounted  for 22.9%,  17.1% and 8.9% of the  Company's  net
revenues. For fiscal 2003, orders from the three largest customers accounted for
17.9%, 9.8% and 6.8% 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 eight end users and supplied  products
to six system  suppliers  and OEM  customers in 2005 that acquired the Company's
products under various types of agreements.

                                        3

<PAGE>

     The Company sold AGV system products and services  directly to end users in
2005 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 72%, 90% and 68% of the Company's net revenues
in the fiscal years ended November 30, 2005,  2004 and 2003,  respectively.  For
the fiscal year ended November 30, 2005,  such end user customers  accounted for
approximately $6,050,000 in net revenues.

     AGV system  products and services  sold to system  suppliers  and OEMs as a
group accounted for approximately 28%, 10% and 32% of the Company's net revenues
in the fiscal years ended November 30, 2005,  2004 and 2003,  respectively.  For
the  fiscal  year  ended  November  30,  2005,  such  customers   accounted  for
approximately $2,380,000 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. The goal is to fashion a material movement system
that will satisfy the end user's particular needs

     The Company's Vice President for marketing leads its marketing program with
assistance  from the  President and the Executive  Vice  President.  The Company
attends  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, 2005, the Company
had a backlog of approximately  $2,400,000  compared to $3,330,000 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  $281,369 for research and development in fiscal 2005,
compared to $299,178 and $241,175 in fiscal 2004 and 2003, 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 the North
American market place.

     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 36 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  under long-term  operating  leases.  The
lease for the headquarters and warehouse in Charlotte,  NC is for  approximately
16,000  square feet and has a monthly  lease  payment of $12,475  which  expires
April 30, 2006.  The Company's  Detroit,  Michigan  office leases  approximately
6,000  square feet with a monthly  lease  payment of $3,000;  the Detroit  lease
expires February 28, 2006;  management  anticipates renewing the lease at market
rates. Rental expense was $189,554,  $185,861,  and $152,572 for the years ended
November 30, 2005, 2004, and 2003, respectively.

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. As of November 30, 2005, 4,827,451 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, 2005 and 2004,  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  13,  2006  was  179.  The  Company   believes  that  there  are
approximately 655 beneficial owners of the Company's common stock.

<TABLE>
<CAPTION>
<S>                                       <C>   <C>  <C>     <C>  <C>  <C>      <C>   <C>  <C>     <C>  <C>  <C>
                                                                 Market Price per Share
                                       -------------------------------------------------------------------------------
                                                        2005                                    2004
                                       -------------------------------------------------------------------------------
                                              High                 Low                High                Low
Quarter Ended                            Bid        Ask       Bid      Ask       Bid       Ask       Bid       Ask
----------------------------------------------------------------------------------------------------------------------
February 28                              1.01       1.10      0.31     0.50      1.05      1.25      0.40      0.45
May 31                                   1.08       1.10      0.35     0.55      0.78      1.04      0.35      0.45
August 31                                0.80       1.01      0.25     0.58      0.51      0.90      0.31      0.40
November 30                              0.66       0.85      0.40     0.51      0.52      0.75      0.28      0.35
======================================================================================================================
</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, 2005. 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>
<S>                                        <C>                        <C>                         <C>
                                                                                          Number of securities
                                                                                         remaining available for
                                                                                           future issuance under
                                 Number of securities to be     Weighted-average         equity compensation plans
                                  issued upon exercise of       exercise price            (excluding securities
                                   outstanding options,      of outstanding options,     issuable under outstanding
 Plan category                     warrants and rights        warrants and rights      options, warrants and rights)
----------------------------------------------------------------------------------------------------------------------
Equity compensation plans
approved by security holders              211,500                       $0.29                          -

Equity compensation plans not
approved by security holders
                                             -                            -                            -
----------------------------------------------------------------------------------------------------------------------
Total                                     211,500                       $0.29                          -
======================================================================================================================
</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.

     In connection  with the audit of the Company's  financial  statements as of
and for the fiscal year ending  November 30,  2004,  the  Company's  independent
registered public  accounting firm reported that adequate  segregation of duties
did not exist for the Company's  financial reporting process, in that the duties
of Controller, CFO and CEO were performed by the same individual.  Based on this
report, the Company's  management  concluded that a material weakness existed in
the Company's internal controls over financial  reporting under the standards of
the Public  Company  Accounting  Oversight  Board.  The Company took  corrective
action to address this  weakness by hiring the firm of Andrew  Kromer,  CPA PLLC
who is independent  and has no current or prior  affiliation  with the Company's
independent  registered  public  accounting  firm.  Mr.  Kromer's  firm provides
oversight and segregation of duties with respect to the work prepared by the CFO
and has been  performing  this function  throughout the year ending November 30,
2005.

     As of November 30, 2005, 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  concluded  that  the  Company's
disclosure controls and procedures were effective as of November 30, 2005.

     Except as  discussed  above,  there have been no  changes  in our  internal
control over financial  reporting  that occurred  during the year ended November
30, 2005, 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
2006 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
2006 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  2006  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 March 1, 1999 between Claude
                       Imbleau and the Company (incorporated by reference to
                       Exhibit 4  to the Company's Form 10-QSB for the period
                       ending May 31, 1999)



                                       11

<PAGE>

Item 13. Exhibits and Reports on Form 8-K

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

10.4 (a)*              Promissory Note and other related agreements between
                       Transbotics and Wachovia Bank dated  March 23, 2005
                       (incorporated by reference to Exhibit 10.2 to the
                       Company's Form 10-QSB for the period ending February 28,
                       2005)
10.5 *                 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)
10.6 *                 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 )
10.7 *                 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)
10.8 *                 Investor Rights Agreement between the Corporation and
                       Shareholders (incorporated by reference to Exhibit 10.5
                       the Company's  September 26, 2003 Form 8-K)
10.9 *                 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)
10.10*                 Press release on major order in the Lighting Industry
                       (incorporated by reference to Exhibit 99.1 to the
                       Company's  December 20, 2005 Form  8-K)
10.11*                 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)
10.12                  Press release announcing new order in Transportation
                       industry dated December 16, 2005
10.13                  Press release announcing robot distribution agreement
                       with KUKA Robotics dated January 16, 2006
13.                    Company's 2005 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 (a)               Consent of Grant Thornton  LLP to the incorporation by
                       reference of its Report of Independent Registered Public
                       Accounting Firm in this Form 10-KSB
     (b)               Consent of McGladrey & Pullen, 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 Claude Imbleau, The Company's
                       President,  CEO, 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)



                                       12

<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 on major order totaling approximately $1,100,000 in
          the Lighting Industry (incorporated by reference to Exhibit 99.1 to
          the Company's December 20, 2005 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 2006 annual meeting of
Stockholders is incorporated herein by reference.







                                       13


<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/ Claude Imbleau
                                                    ----------------------------
                                                        Claude Imbleau
                                                        President, CEO, CFO

Date: February 17, 2006


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/ Claude Imbleau
                                                    ----------------------------
                                                        Claude Imbleau
                                                        President, CEO
                                                        Director (Principal
                                                        Executive Officer,
                                                        Principal Financial
                                                        Officer and Principal
                                                        Accounting Officer)

                                                By :    /s/ Tommy Hessler
                                                   -----------------------------
                                                        Tommy Hessler
                                                        Executive Vice President
                                                        Director


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

                                                By :    /s/ Charles W. Robison
                                                    ----------------------------
                                                        Charles W. Robison
                                                        Director


                                                By :    /s/ Edward H. Gross
                                                    ----------------------------
                                                        Edward H. Gross
                                                        Director

Date: February 17, 2006



                                       14