Sagtec Global Ltd(US:SAGT) Globenewswire·2025-11-04 13:30Core Insights - Sagtec Global Limited has expanded its strategic partnership with Kinetic Seas Incorporated, establishing Kinetic Seas as its exclusive AI development and technology partner for Malaysia, Indonesia, Singapore, and the Philippines, transforming the collaboration into a comprehensive joint business development and AI co-creation alliance [1][2] Strategic Partnership Framework - The partnership is structured around an equity-based alignment and a new revenue-sharing model, ensuring shared incentives for growth [2] - Sagtec will issue 5.5 million Class A ordinary shares to Kinetic Seas, creating a foundational equity stake and satisfying the original licensing fee [5] - From AI development projects secured under this partnership, Sagtec will receive 70% and Kinetic Seas 30% of gross project receipts, with provisions for joint development and shared intellectual property [5] Expanded Scope to Drive Market Leadership - Kinetic Seas will provide turnkey solutions for Sagtec, leveraging expertise in deep learning, natural language processing, and computer vision, which has already enabled Sagtec to secure new business in competitive markets [3] Fueling Immediate Growth with Major Contract Wins - The new partnership model is generating momentum, allowing Sagtec to secure significant contracts, including a USD $3 million digital transformation contract with Malaya Heritage Holdings and a USD $1 million AI-powered SaaS platform development agreement with HM Edutech Group [7] Revenue Projections and Market Outlook - The AI software market in the targeted regions is expected to grow at a compound annual growth rate of 34% through 2030, representing over $6 billion in new opportunities in the SME segment alone [8] - Sagtec projects FY 2026 AI Solutions Revenue between $12 million and $15 million, with a recurring SaaS revenue growth of 200% year-over-year and a three-year cumulative revenue impact of $40 million to $50 million by 2028 [11]