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 – 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 ospitalità 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 – 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'ospitalità mira a migliorare l'efficienza del servizio e i ricavi dalle transazioni.
Con il settore dell'ospitalità 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 éxito la primera fase de su contrato de hospitalidad inteligente en los EAU por 10 millones de dólares, recibiendo el pago inicial correspondiente a un hito. El contrato, en asociación con SMD Tech – FZCO, incluye más del 60% de ingresos recurrentes provenientes de licencias de software, análisis, hosting y servicios.
La compañía también informó sobre el despliegue exitoso de su Sistema de Pedido Inteligente Speed+, apoyando una cartera de pedidos de 30 millones de dólares en el sudeste asiático. Esta solución 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 dólares para 2033, Sagtec se posiciona estratégicamente en los mercados de turismo inteligente y experiencia digital para huéspedes, enfocándose en un crecimiento rentable y expansión geográfica.
Sagtec Global (NASDAQ: SAGT)가 1000만 달러 규모의 UAE 스마트 호스피탈리티 계약 1단계를 성공적으로 완료하고 초기 마일스톤 지급을 받았습니다. SMD Tech – FZCO와 협력한 이 계약은 소프트웨어 라이선스, 분석, 호스팅 및 서비스에서 60% 이상의 반복 수익을 포함합니다.
회사는 또한 Speed+ 스마트 주문 시스템의 성공적인 배포를 보고했으며, 이는 동남아시아 전역에서 3000만 달러 규모의 파이프라인을 지원합니다. 이 클라우드 기반 F&B 및 호스피탈리티 솔루션은 서비스 효율성과 거래 수익 증대를 목표로 합니다.
2033년까지 UAE 호스피탈리티 산업이 377억 달러에 이를 것으로 예상됨에 따라 Sagtec은 스마트 관광 및 디지털 고객 경험 시장에서 전략적으로 위치하며, 수익성 높은 성장과 지리적 확장에 집중하고 있습니다.
Sagtec Global (NASDAQ : SAGT) a réussi à achever la première phase de son contrat d'hospitalité intelligente aux Émirats arabes unis d'une valeur de 10 millions de dollars, recevant le paiement initial lié à une étape clé. Ce contrat, en partenariat avec SMD Tech – FZCO, comprend plus de 60 % de revenus récurrents provenant des licences logicielles, de l'analyse, de l'hébergement et des services.
L'entreprise a également annoncé le déploiement réussi de son Système 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'hôtellerie vise à améliorer l'efficacité du service et les revenus des transactions.
Avec un secteur de l'hospitalité aux Émirats arabes unis prévu pour atteindre 37,7 milliards de dollars d'ici 2033, Sagtec se positionne stratégiquement sur les marchés du tourisme intelligent et de l'expérience client digitale, en misant sur une croissance rentable et une expansion géographique.
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 – FZCO, umfasst über 60 % wiederkehrende Einnahmen aus Softwarelizenzen, Analysen, Hosting und Dienstleistungen.
Das Unternehmen meldete zudem die erfolgreiche Einführung seines Speed+ Smart Ordering Systems, das eine 30-Millionen-Dollar-Pipeline in Südostasien unterstützt. Diese cloudbasierte F&B- und Hospitality-Lösung 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 Märkten für smarten Tourismus und digitale Gästenerlebnisse 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) (“Sagtec” or the “Company”), 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
“This milestone represents more than operational progress—it reinforces our ability to monetize large-scale SaaS contracts, generate recurring cash flow, and expand strategically in a high-growth international market,” said Kevin Ng, Chairman, Executive Director & CEO of Sagtec Global. “It reflects our disciplined execution and strong regional partnerships.”
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’s strategy to scale vertically integrated SaaS platforms across multiple industries—hospitality, F&B, and smart infrastructure—with a strong focus on monetizable outcomes.
“We are executing on multiple fronts with clear revenue visibility,” added Ng. “These wins strengthen our position ahead of our next earnings cycle and demonstrate the scalability of our recurring revenue model.”
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 https://www.sagtec-global.com/.
Contact Information:
Sagtec Global Limited Contact:
Ng Chen Lok
Chairman, Executive Director & Chief Executive Officer
Telephone +6011-6217 3661
Email: info@sagtec-global.com
FAQ
What is the value of Sagtec Global's UAE smart hospitality contract?
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