Sagtec Global (NASDAQ SAGT) Achieves Key Milestone in UAE Smart Hospitality Deal; On Track for 2025 Revenue Recognition
Sagtec Global (NASDAQ: SAGT) has successfully completed the first phase of its $10 million UAE smart hospitality contract, receiving the initial milestone payment. The contract, partnered with SMD Tech 鈥� FZCO, includes over 60% recurring revenue from software licensing, analytics, hosting, and services.
The company also reported successful deployment of its Speed+ Smart Ordering System, supporting a $30 million pipeline across Southeast Asia. This cloud-based F&B and hospitality solution aims to enhance service efficiency and transaction revenue.
With the UAE hospitality sector projected to reach $37.7 billion by 2033, Sagtec is strategically positioned in the smart tourism and digital guest experience markets, focusing on margin-accretive growth and geographic expansion.
Sagtec Global (NASDAQ: SAGT) ha completato con successo la prima fase del suo contratto di ospitalit脿 intelligente negli Emirati Arabi Uniti del valore di 10 milioni di dollari, ricevendo il pagamento iniziale relativo a una milestone. Il contratto, in collaborazione con SMD Tech 鈥� FZCO, prevede oltre il 60% di ricavi ricorrenti derivanti da licenze software, analisi, hosting e servizi.
L'azienda ha inoltre comunicato il successo nell'implementazione del suo Speed+ Smart Ordering System, supportando un portafoglio ordini da 30 milioni di dollari nel Sud-est asiatico. Questa soluzione cloud per il settore F&B e dell'ospitalit脿 mira a migliorare l'efficienza del servizio e i ricavi dalle transazioni.
Con il settore dell'ospitalit脿 negli Emirati Arabi Uniti previsto raggiungere i 37,7 miliardi di dollari entro il 2033, Sagtec si posiziona strategicamente nei mercati del turismo intelligente e dell'esperienza digitale per gli ospiti, puntando a una crescita redditizia e all'espansione geografica.
Sagtec Global (NASDAQ: SAGT) ha completado con 茅xito la primera fase de su contrato de hospitalidad inteligente en los EAU por 10 millones de d贸lares, recibiendo el pago inicial correspondiente a un hito. El contrato, en asociaci贸n con SMD Tech 鈥� FZCO, incluye m谩s del 60% de ingresos recurrentes provenientes de licencias de software, an谩lisis, hosting y servicios.
La compa帽铆a tambi茅n inform贸 sobre el despliegue exitoso de su Sistema de Pedido Inteligente Speed+, apoyando una cartera de pedidos de 30 millones de d贸lares en el sudeste asi谩tico. Esta soluci贸n en la nube para alimentos, bebidas y hospitalidad busca mejorar la eficiencia del servicio y los ingresos por transacciones.
Con el sector de hospitalidad de los EAU proyectado a alcanzar los 37,7 mil millones de d贸lares para 2033, Sagtec se posiciona estrat茅gicamente en los mercados de turismo inteligente y experiencia digital para hu茅spedes, enfoc谩ndose en un crecimiento rentable y expansi贸n geogr谩fica.
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Sagtec Global (NASDAQ : SAGT) a r茅ussi 脿 achever la premi猫re phase de son contrat d'hospitalit茅 intelligente aux 脡mirats arabes unis d'une valeur de 10 millions de dollars, recevant le paiement initial li茅 脿 une 茅tape cl茅. Ce contrat, en partenariat avec SMD Tech 鈥� FZCO, comprend plus de 60 % de revenus r茅currents provenant des licences logicielles, de l'analyse, de l'h茅bergement et des services.
L'entreprise a 茅galement annonc茅 le d茅ploiement r茅ussi de son Syst猫me de Commande Intelligente Speed+, soutenant un pipeline de 30 millions de dollars en Asie du Sud-Est. Cette solution cloud pour la restauration et l'h么tellerie vise 脿 am茅liorer l'efficacit茅 du service et les revenus des transactions.
Avec un secteur de l'hospitalit茅 aux 脡mirats arabes unis pr茅vu pour atteindre 37,7 milliards de dollars d'ici 2033, Sagtec se positionne strat茅giquement sur les march茅s du tourisme intelligent et de l'exp茅rience client digitale, en misant sur une croissance rentable et une expansion g茅ographique.
Sagtec Global (NASDAQ: SAGT) hat die erste Phase seines 10-Millionen-Dollar-Smart-Hospitality-Vertrags in den VAE erfolgreich abgeschlossen und die erste Meilensteinzahlung erhalten. Der Vertrag, in Partnerschaft mit SMD Tech 鈥� FZCO, umfasst 眉ber 60 % wiederkehrende Einnahmen aus Softwarelizenzen, Analysen, Hosting und Dienstleistungen.
Das Unternehmen meldete zudem die erfolgreiche Einf眉hrung seines Speed+ Smart Ordering Systems, das eine 30-Millionen-Dollar-Pipeline in S眉dostasien unterst眉tzt. Diese cloudbasierte F&B- und Hospitality-L枚sung zielt darauf ab, die Serviceeffizienz und den Transaktionsumsatz zu steigern.
Da der Hospitality-Sektor in den VAE bis 2033 voraussichtlich 37,7 Milliarden Dollar erreichen wird, positioniert sich Sagtec strategisch in den M盲rkten f眉r smarten Tourismus und digitale G盲stenerlebnisse und konzentriert sich auf margenstarkes Wachstum und geografische Expansion.
- Secured first milestone payment from $10 million UAE contract
- Over 60% of contract value is recurring revenue
- $30 million pipeline for Speed+ Smart Ordering System
- Successful commercial deployment of Speed+ platform
- Strong market opportunity with UAE hospitality sector projected at $37.7B by 2033
- None.
KUALA LUMPUR, Malaysia, July 25, 2025 (GLOBE NEWSWIRE) -- Sagtec Global Limited (NASDAQ: SAGT) (鈥淪agtec鈥� or the 鈥淐ompany鈥�), a provider of enterprise software solutions for high-growth verticals, today announced the successful delivery of the first phase of its previously disclosed US
The deal, originally announced in July 2025, is structured with over
鈥淭his milestone represents more than operational progress鈥攊t reinforces our ability to monetize large-scale SaaS contracts, generate recurring cash flow, and expand strategically in a high-growth international market,鈥� said Kevin Ng, Chairman, Executive Director & CEO of Sagtec Global. 鈥淚t reflects our disciplined execution and strong regional partnerships.鈥�
Momentum Across Vertical SaaS Offerings
In addition to progress in the UAE, Sagtec confirms that its Speed+ Smart Ordering System, which supports a US
These dual deployments reinforce Sagtec鈥檚 strategy to scale vertically integrated SaaS platforms across multiple industries鈥攈ospitality, F&B, and smart infrastructure鈥攚ith a strong focus on monetizable outcomes.
鈥淲e are executing on multiple fronts with clear revenue visibility,鈥� added Ng. 鈥淭hese wins strengthen our position ahead of our next earnings cycle and demonstrate the scalability of our recurring revenue model.鈥�
Well-Positioned in a US
With the UAE hospitality sector forecasted to reach US
Backed by a resilient balance sheet and growing recurring revenue base, Sagtec remains focused on margin-accretive growth, product innovation, and geographic expansion to drive long-term shareholder value.
About Sagtec Global Limited
Sagtec Global is a technology company delivering customizable software solutions to the hospitality, F&B, and enterprise sectors. The Company also operates digital infrastructure businesses, data hosting & analysis services through its Malaysian Subsidiary, CL Technologies.
For more information on the Company, please log on to .
Contact Information:
Sagtec Global Limited Contact:
Ng Chen Lok
Chairman, Executive Director & Chief Executive Officer
Telephone +6011-6217 3661聽聽
Email: [email protected]
FAQ
What is the value of Sagtec Global's UAE smart hospitality contract?
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What is Sagtec's Speed+ Smart Ordering System pipeline worth?
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