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Roze AI Expands Disaster Prevention and Physical AI Business with Approximately US$12.2 Million (KRW 16.4 Billion, Excluding VAT) in New Contracts in South Korea

Preliminary designs leave contract amounts open to revision, while construction progress and mutual agreement govern delivery schedules.

(Very High)

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Roze AI (RZAI) signed approximately US$12.2 million in South Korean contracts through its wholly owned subsidiary for fire safety and disaster prevention. The contracts total KRW 16,400,600,000, excluding VAT, and cover three development sites for Hajo and IJ in Seoul and Incheon. They include digital twin AI platforms, fire protection equipment and installation work.

The company expects construction at all three sites to begin in the first half of 2027. Contract amounts are based on preliminary designs and may change after detailed design revisions. Delivery and installation depend on construction progress and mutual agreement; the contracts allow changes, postponement or cancellation. The values are not revenue guidance.

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5 points · 0 major

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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.

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0 major · 3 points

Hollow bars mark forward-looking points. How the balance works

Positive

  • Moderate pointSeocho ALT2 contract with Hajo adds KRW 7,837,600,000, excluding VAT, in mixed-use development work.
  • Minor pointSeocho ALT1 contract with Hajo adds KRW 6,444,800,000, excluding VAT, in mixed-use development work.
  • Minor pointNonhyeon ALT1 contract with IJ adds KRW 2,118,200,000, excluding VAT, for the Soraepogu Fish Market development.
  • 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 domestic expansion while pursuing customers, partnerships and commercial deployments in North America and other international markets.

Negative

  • Minor point. Forward-looking: it has not happened yet and may not happen.Contract amounts depend on 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 pointContract terms allow project changes, postponement or cancellation, limiting certainty of execution.
Argus 15 min delay 6 alerts
+4.26% vs previous close $13.46 last price 2.2x rel. volume Open Argus
Details

Market move: RZAI +4.26% vs previous close. South Korea contract awards

$12.20 – $14.55 Day Range
$748.96M Market Cap

On Oct 6, the day this news came out, the latest delayed price for RZAI is 4.26% above the previous close. Our momentum scanner has recorded 6 alerts for this stock so far that day. The latest delayed price is $13.46. Relative volume is elevated at 2.2x the average.

Data tracked by StockTitan Argus (15 min delayed). Upgrade to Gold for real-time data.

Key Figures

New contracts, excluding VAT: KRW 16,400,600,000 (approximately US$12.2 million) Seocho ALT1 contract: KRW 6,444,800,000 Seocho ALT2 contract: KRW 7,837,600,000 +3 more
New contracts, excluding VAT
KRW 16,400,600,000 (approximately US$12.2 million)
Three South Korean development sites
Seocho ALT1 contract
KRW 6,444,800,000
Excluding VAT
Seocho ALT2 contract
KRW 7,837,600,000
Excluding VAT
Nonhyeon ALT1 contract
KRW 2,118,200,000
Excluding VAT
Aggregate contract amount including VAT
KRW 18,040,660,000 (approximately US$13.4 million)
Three South Korean development sites
Expected construction commencement
First half of 2027
All three sites; subject to project schedules

Key Terms

digital twin, iot, value-added tax
3 terms
digital twin technical
"include digital twin AI platforms, fire protection equipment and related installation works"
A digital twin is a live virtual replica of a physical asset, process, or system that mirrors real-world behavior using data and models so users can test changes, predict problems, and measure performance without touching the real thing. For investors, digital twins matter because they can lower maintenance costs, speed product development, improve uptime and reliability, and make future cash flows and risks easier to forecast — like using a flight simulator to safely train and tune a real airplane.
iot technical
"combines AI, IoT sensing, wireless sensing, data analytics and digital twin technologies"
The Internet of Things (IoT) describes a network of everyday devices—such as appliances, vehicles, and equipment—that are connected to the internet and can share data automatically. For investors, IoT represents a growing trend that can drive efficiency and innovation across many industries, potentially creating new opportunities for growth and value. Its expansion influences how companies operate and compete in a digitally connected world.
value-added tax financial
"excluding value-added tax (VAT) to deploy the Company’s AI-powered fire safety"
A value-added tax (VAT) is a consumption tax charged on the extra value a business creates when producing or selling goods and services; businesses collect the tax at each step and remit it to the government, while the final cost is borne by the consumer. Investors should care because VAT affects companies’ pricing, profit margins, cash flow timing and compliance costs — like toll booths on a supply chain that can change demand and profitability.

AI-generated analysis. How Rhea-AI works. Not financial advice.

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  • New contracts through wholly owned subsidiary expand the deployment of Fire 4Cast and Disaster AI Platform across mixed-use and commercial development projects
  • Broadens the Company’s Physical AI technology platform base while pursuing additional commercial deployment opportunities across South Korea, North America and other international markets

SEONGNAM, South Korea, Oct. 06, 2026 (GLOBE NEWSWIRE) -- Roze AI Inc. (Nasdaq: RZAI, “Roze AI” or the “Company”), a Physical AI technology company focused on disaster prevention and safety management, today announced that its wholly owned Korean operating subsidiary, Roze AI Korea Co., Ltd., has entered into new contracts valued at KRW 16,400,600,000 (approximately US$12.2 million), excluding value-added tax (VAT) to deploy the Company’s AI-powered fire safety and disaster prevention technologies across mixed-use and commercial development projects in South Korea. The new contracts further expand Roze AI’s customer base and commercial deployment footprint in South Korea, broadening the Company’s project portfolio across commercial, residential and facility environments.

The contracts cover three separate development sites in South Korea and include digital twin AI platforms, fire protection equipment and related installation works:
1. Seocho ALT1 – Hajo (㈜하조): a mixed-use development site at 1310-5 Seocho-dong, Seocho-gu, Seoul. Contract value: KRW 6,444,800,000, excluding VAT.

2. Seocho ALT2 – Hajo (㈜하조): a separate mixed-use development site at the same street address. Contract value: KRW 7,837,600,000, excluding VAT.

3. Nonhyeon ALT1 – IJ (주식회사 아이제이): the new Soraepogu Fish Market development at 111-58 Nonhyeon-dong, Namdong-gu, Incheon. Contract value: KRW 2,118,200,000, excluding VAT.

Based on the Company’s current project schedules, construction at all three sites 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.

Including VAT, the aggregate contract amount is KRW 18,040,660,000 (approximately US$13.4 million). The contracts are denominated in Korean won. U.S. dollar equivalents are provided for reference only, using a cross-rate of approximately KRW 1,342.18 per US$1 derived from the Bank of Canada’s daily exchange rates for October 5, 2026.

Young Jin Cho, Chief Executive Officer of Roze AI, said, “These contracts are a meaningful step in scaling our commercial business and reflect growing demand from developers for preventive fire safety in large residential and mixed-use projects. South Korea is an important market where Roze AI has applied its technologies across a range of real-world environments and gained experience in commercial deployment. Our goal is to use AI and Physical AI technologies to advance disaster management from a focus on post-incident response toward earlier risk identification and preventive action.”

Roze AI develops AI-powered disaster prevention technologies designed to identify potential fire and disaster risks at an early stage and support preventive action before incidents occur. The Company continues to enhance these technologies through ongoing research and development.

Mr. Cho added, “We intend to expand our Physical AI technologies across a broader range of real-world environments, including buildings and infrastructure. We will continue to pursue customers, strategic partners and additional commercial deployment opportunities in North America and other global markets while continuing to advance our core technology platform.”

Physical AI and Predictive Fire Risk Intelligence
Roze AI has developed an integrated Physical AI technology platform that combines AI, IoT sensing, wireless sensing, data analytics and digital twin technologies to support disaster prevention, real-time monitoring and safety response.

The Company’s flagship Fire 4Cast system utilizes data collected from wireless sensors installed throughout monitored buildings and facilities. The Disaster AI Platform (DAP) analyzes sensor and facility data and utilizes AI and digital twin technologies to generate a Fire Risk Index.

Based on this information, the platform is designed to help building and facility operators identify potential risk signals at an early stage and support timely preventive action.

Expanding Commercial Deployment and International Opportunities
Building on its technology deployment experience and commercial project activity in South Korea, Roze AI plans to continue expanding its business base domestically while pursuing customers, strategic partnerships and commercial deployment opportunities in North America and other international markets, across a broader range of environments including buildings, infrastructure, smart cities and high-risk facilities.

In connection with the Company’s Nasdaq listing and capital markets activities, Roze AI received advisory and support services from Wedo Business Solutions Ltd. and River Sky Partners Inc. The Company acknowledges the contributions of these advisors in connection with its Nasdaq listing and related capital markets activities.

About Roze AI Inc.
Roze AI is a Physical AI technology company incorporated under the laws of British Columbia, Canada, with its principal executive offices in Seongnam, South Korea. The Company conducts its operating business through its wholly owned subsidiary, Roze AI Korea Co., Ltd., based in Seongnam, South Korea.

The Company combines artificial intelligence, IoT sensing, data analytics and digital twin technologies to support real-time risk monitoring, risk information analysis, early identification of potential hazards and preventive safety response.
Through Roze AI Korea Co., Ltd., the Company develops and provides solutions including Fire 4Cast and the Disaster AI Platform (DAP) for applications in buildings, facilities and urban infrastructure environments.

For more information, please visit www.rozeai.com.

Cautionary Note Regarding Forward-Looking Statements
This press release contains forward-looking statements within the meaning of applicable U.S. federal securities laws, including the Private Securities Litigation Reform Act of 1995. Forward-looking statements may be identified by words such as “anticipates,” “believes,” “estimates,” “expects,” “intends,” “plans,” “seeks,” “aims,” and similar expressions referring to future periods. Forward-looking statements in this press release include statements regarding the expected effects of the new contracts, potential future revenue recognition, the timing and execution of project deployments, expansion of the Company’s business and technology platform, technology adoption, international market opportunities, strategic partnerships, and business strategy. These forward-looking statements are based on the Company’s current expectations, assumptions and beliefs and are subject to significant risks and uncertainties. Actual results may differ materially from those expressed or implied due to factors including delays or changes in project schedules, availability and timing of project financing, changes to detailed designs and resulting revisions to contract amounts, project postponement or cancellation, customer requirements, contract execution, revenue recognition timing, technological developments, competitive pressures, regulatory requirements, market conditions, and the Company’s ability to secure and execute agreements in North America and other international markets, as well as other risks described in the Company’s filings with the U.S. Securities and Exchange Commission (SEC). Readers are cautioned not to place undue reliance on these forward-looking statements, which speak only as of the date of this press release. The Company undertakes no obligation to publicly update or revise any forward-looking statements, whether as a result of new information, future events or otherwise, 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
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 South Korean disaster prevention contracts worth?

The contracts total KRW 16,400,600,000, approximately US$12.2 million, excluding VAT. Including VAT, the aggregate amount is KRW 18,040,660,000, approximately US$13.4 million. The stated contract values are not revenue guidance.

What exchange rate is used for Roze AI's South Korean contract values?

The U.S. dollar equivalents use a cross-rate of approximately KRW 1,342.18 per US$1, derived from the Bank of Canada's daily exchange rates for October 5, 2026. The contracts are denominated in Korean won; the dollar equivalents are provided for reference only.

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