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Sagtec announces $10M smart hospitality technology agreement | Deepscope News
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 July 1, 2025 07:56 PM  seekingalpha.com Positive

Sagtec announces $10M smart hospitality technology agreement

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* Sagtec Global (NASDAQ:SAGT [https://seekingalpha.com/symbol/SAGT]) has announced the signing of a $10M smart hospitality technology agreement [https://seekingalpha.com/pr/20153374-sagtec-global-nasdaq-sagt-accelerates-middle-east-expansion-with-us-10-million-smart] with SMD Tech – FZCO, a UAE-based digital infrastructure firm.
* This major win represents a pivotal step in Sagtec’s expansion strategy across the Middle East and its entry into the high-growth hotel automation segment.
* Under the terms, Sagtec will develop and manage a next-generation Hotel Self Check-In/Out System across premium hospitality properties in the UAE.
* This latest development builds upon Sagtec’s May 2025 announcement of a $30M revenue pipeline stemming from the exclusive distribution of its Speed+ Smart Ordering System.
* The UAE partnership diversifies Sagtec’s SaaS verticals beyond Food & Beverage into the rapidly growing hospitality tech domain.

MORE ON SAGTEC GLOBAL

* Sagtec projects 92% revenue growth for FY2025 [https://seekingalpha.com/news/4457624-sagtec-projects-92-percent-revenue-growth-for-fy2025]
* Sagtec Global secures $30 million revenue pipeline through exclusive UAE partnership [https://seekingalpha.com/news/4441856-sagtec-global-secures-30-million-revenue-pipeline-through-exclusive-uae-partnership]
* Financial information for Sagtec Global Limited [https://seekingalpha.com/symbol/SAGT/income-statement]

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