Roze AI Announces Approximately US$14.8 Million (KRW 19.88 Billion) in New Contracts for AI-Powered Fire Risk Forecasting
Roze AI plans continued research and development while pursuing commercial deployment opportunities in North America and other international markets.
Sentiment and the balance of points
Rhea-AI Sentiment reads the wording of the document, how positive or negative its language is on a 1 to 5 scale. The balance of points shown with the takes weighs what the document actually discloses, so the two can disagree, for example when a trial that missed its main goal is described in upbeat language.
Rhea-AI Summary
Roze AI (Nasdaq: RZAI) secured three new South Korean contracts through its wholly owned Korean subsidiary worth approximately US$14.8 million. The contracts with existing customers Hajo and IJ cover digital twin AI platforms, fire protection equipment and installation. Their aggregate value is KRW 19,884,810,000, including value-added tax.
Hajo’s Hapjeong District 5 and 6 contracts are approximately US$6.10 million and US$7.49 million; IJ’s Nonhyeon ALT2 contract is approximately US$1.22 million. These are separate from contracts announced October 6, 2026. The company expects construction at all three sites to begin in the first half of 2027. Amounts may change after detailed design revisions, and delivery depends on construction progress and mutual agreement. Contracts allow postponement or cancellation; values are not revenue guidance.
How this balance works
Rhea-AI gives every point it takes from this document a weight. Minor counts 1, Moderate 3 and Major 9, so one Major point outweighs several Minor ones. The bar adds up the weights on each side, and when neither side holds more than 65% of the total the balance reads Mixed.
It reads the document as published, with the same rules for every company, and it does not look at what the market expected or at how the stock traded, so a point can be objectively good on a day the stock falls.
Rhea-AI Sentiment measures something else, the tone of the wording.
Hollow bars mark forward-looking points. How the balance works
Positive
- Moderate pointHajo’s Hapjeong District 6 contract adds approximately US$7.49 million (KRW 10,058,070,000), including VAT. 1.4% of market cap
- Moderate pointHajo’s Hapjeong District 5 contract adds approximately US$6.10 million (KRW 8,182,680,000), including VAT. 1.1% of market cap
- Minor pointIJ’s Nonhyeon ALT2 contract adds approximately US$1.22 million (KRW 1,644,060,000), including VAT.
- Minor point. Forward-looking: it has not happened yet and may not happen.Construction at all three sites is expected to commence in the first half of 2027.
- Minor point. Forward-looking: it has not happened yet and may not happen.Roze AI plans continued research and development and pursuit of international customers, partners and commercial deployments.
Negative
- Minor point. Forward-looking: it has not happened yet and may not happen.Contract amounts use preliminary designs and may be revised following detailed design changes.
- Minor point. Forward-looking: it has not happened yet and may not happen.Delivery and installation schedules remain subject to construction progress and mutual agreement.
- Minor pointContracts allow project changes, postponement or cancellation.
Details
Market move: RZAI +5.12% vs previous close. Three-contract award
On Oct 13, the day this news came out, the latest delayed price for RZAI is 5.12% above the previous close. Argus tracked a peak move of +7.1% during the session. Our momentum scanner has recorded 9 alerts for this stock so far that day. The latest delayed price is $10.48.
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Key Figures
- Aggregate contract value
- Approximately US$14.8 million (KRW 19,884,810,000)
- Three South Korean contracts; includes VAT
- Hapjeong District 5 contract
- Approximately US$6.10 million (KRW 8,182,680,000)
- Hajo; includes VAT
- Hapjeong District 6 contract
- Approximately US$7.49 million (KRW 10,058,070,000)
- Hajo; includes VAT
- Nonhyeon ALT2 contract
- Approximately US$1.22 million (KRW 1,644,060,000)
- IJ; includes VAT
- Expected construction commencement
- First half of 2027
- All three sites
Previous AI Reports
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Earlier Hajo and IJ contracts covered three sites, with construction expected to begin in the first half of 2027.
24h Move is the share-price change in the day after each event; other market factors may also have contributed.
Key Terms
digital twin technical
value-added tax (vat) financial
cross-rate financial
AI-generated analysis. How Rhea-AI works. Not financial advice.
Additional contracts with existing customers Hajo and IJ
Construction at all three sites expected to begin in the first half of 2027
SEONGNAM, South Korea, Oct. 13, 2026 (GLOBE NEWSWIRE) -- Roze AI Inc. (Nasdaq: RZAI, “Roze AI” or the “Company”) today announced three new contracts secured by its wholly owned Korean operating subsidiary, Roze AI Korea Co., Ltd., for redevelopment and commercial projects in South Korea. The contracts include digital twin AI platforms, fire protection equipment and related installation works, with an aggregate value of ~US
Young Jin Cho, Chief Executive Officer of Roze AI, said, “We are pleased that Hajo and IJ have selected Roze AI for additional redevelopment and commercial sites. Repeat orders from existing customers demonstrate the strong value and trust our platform builds, supporting our plan to expand deployment of our digital twin AI platform in South Korea as we pursue opportunities in North America and other international markets.”
These three additional contracts were entered into with existing customers Hajo and IJ. They cover Hapjeong Districts 5 and 6 in Seoul and Nonhyeon ALT2 at the new Soraepogu Fish Market development in Incheon and are separate from Hajo’s Seocho ALT1 and ALT2 contracts and IJ’s Nonhyeon ALT1 contract announced on October 6, 2026.
Contract Details
1. Hapjeong District 5 – Hajo (㈜하조): digital twin AI platform and fire protection works for Redevelopment Promotion District 5 at 381-49 Hapjeong-dong, Mapo-gu, Seoul. Contract value: ~US
2. Hapjeong District 6 – Hajo: digital twin AI platform and fire protection works for Redevelopment Promotion District 6, a separate redevelopment site at the same street address as District 5 (381-49 Hapjeong-dong, Mapo-gu, Seoul). Contract value: ~US
3. Nonhyeon ALT2 – IJ (주식회사 아이제이): digital twin AI platform and fire protection works for the new Soraepogu Fish Market development at 111-58 Nonhyeon-dong, Namdong-gu, Incheon. Contract value: ~US
Based on the Company’s current project schedules, construction at Hapjeong Districts 5 and 6 and Nonhyeon ALT2 in Soraepogu is expected to commence in the first half of 2027.
The contract amounts are based on preliminary designs and may be revised following detailed design changes. Delivery and installation schedules remain subject to construction progress and mutual agreement under the contracts, which also allow project changes, postponement or cancellation. The stated contract values are not revenue guidance.
The contracts are denominated in Korean won. U.S. dollar equivalents are provided for reference only, using a cross-rate of ~KRW 1,342.13 per US
Fire Risk Analysis Technology
Roze AI’s flagship Fire 4Cast system utilizes data collected from wireless sensors installed in buildings and facilities. The Disaster AI Platform (DAP) analyzes sensor and facility data using AI and digital twin technologies to generate a Fire Risk Index. These technologies are designed to help facility operators identify potential risk signals early and take preventive action.
The Company plans to continue research and development and, drawing on its business experience in South Korea, pursue customers, strategic partners and commercial deployment opportunities in North America and other international markets.
About Roze AI Inc.
Roze AI is a Canadian Physical AI technology company operating through its wholly owned subsidiary, Roze AI Korea Co., Ltd., in Seongnam, South Korea. The Company’s Disaster AI Platform (DAP) analyzes sensor and facility data using AI and digital twin technology to generate a Fire Risk Index that supports fire risk assessment, monitoring and early warning.
For more information, please visit www.rozeai.com.
Cautionary Note Regarding Forward-Looking Statements
This press release contains forward-looking statements under applicable U.S. federal securities laws, including the Private Securities Litigation Reform Act of 1995. These concern the anticipated effects and performance of the contracts, construction commencement in the first half of 2027, delivery and installation schedules, potential revenue recognition, technology development and application, international opportunities, strategic partnerships and business strategy. They reflect the Company’s current expectations, assumptions and beliefs and are subject to risks and uncertainties.
Actual results may differ materially from those expressed or implied due to detailed design changes and contract value revisions; construction progress, delays and mutual agreement on delivery and installation schedules; availability and timing of project financing; project changes, postponement or cancellation; customer requirements, contract performance and revenue recognition timing; technological developments, competition, regulatory requirements and market conditions; the Company’s ability to secure and execute agreements in North America and other international markets; and other risks described in its SEC filings. Readers should not place undue reliance on these statements, which speak only as of the date of this release. The Company undertakes no obligation to publicly update or revise them, except as required by applicable law.
Investor Relations / Media Relations
Roze AI Inc.
Investor Relations: Seoghun Cho, COO
Media Relations: Sangmin Lee, Executive Director
Email: ir@rozeai.com
Phone: +82-31-736-5308
Investor Relations – North America
Jack Perkins
KCSA Strategic Communications
Email: rozeai@kcsa.com
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
How much are Roze AI’s new Hajo and IJ contracts worth?
The three contracts total approximately US$14.8 million (KRW 19,884,810,000), including value-added tax. They cover digital twin AI platforms, fire protection equipment and related installation works at two Hapjeong redevelopment sites and Nonhyeon ALT2. The stated values are not revenue guidance.
When is construction expected to begin for Roze AI’s three new contract sites?
Roze AI expects construction at Hapjeong Districts 5 and 6 and Nonhyeon ALT2 to commence in the first half of 2027, based on current project schedules. Delivery and installation remain subject to construction progress and mutual agreement.
What exchange rate does Roze AI use for the new contracts’ US dollar values?
The US dollar equivalents use a cross-rate of approximately KRW 1,342.13 per US$1, derived from the Bank of Canada’s daily exchange rates for October 8, 2026. The contracts are denominated in Korean won, and the dollar equivalents are for reference only.