- Sagte Global Limited (SAGT, Financial) secures US$5 million in contracts shortly after launching its AI-powered platform.
- The company targets a US$50 million revenue pipeline over the next 12 months through dual RaaS and SaaS models.
- Strategic expansion aims at Southeast Asia, Hong Kong, and GCC markets in the US$90 billion service robotics sector.
Sagte Global Limited (NASDAQ: SAGT), a rising player in AI and automation, has swiftly secured two commercial contracts totaling US$5 million, following the launch of its new AI-powered robotics platform. This foundational step promises to catalyze Sagte's regional expansion and revenue growth.
The first contract, valued at US$2 million, involves the deployment of over 100 autonomous robotic units to a leading Malaysian restaurant group under a Robotics-as-a-Service (RaaS) model. This deployment is expected to generate over US$20 million in cumulative revenue in the upcoming year, illustrating substantial real-world application and scalability of their technology.
In a second major development, Sagte has secured a US$3 million contract to provide a Customer Relationship Management (CRM) platform featuring loyalty management and operational modules. This initiative is projected to drive US$30 million in Software-as-a-Service (SaaS) revenue through strategic regional expansion.
Sagte is ambitiously targeting a US$50 million revenue pipeline within 12 months, signaling strong market engagement and operational readiness. Their strategic focus is on enhancing service efficiency across high-volume sectors in Southeast Asia, Hong Kong, and GCC markets.
With the service robotics market poised to exceed US$90 billion, Sagte's integrated AI platform approach—blending robotics, point-of-sale systems, and analytics—positions the company to capitalize on burgeoning opportunities in automation.
