Sagtec Global (NASDAQ SAGT) Achieves Key Milestone in UAE Smart Hospitality Deal; On Track for 2025 Revenue Recognition
1. Sagtec delivered the first phase of a $10 million contract in UAE. 2. Over 60% of the deal value is recurring revenue from SaaS services. 3. Speed+ system deployed, supports a $30 million pipeline in Southeast Asia. 4. UAE hospitality sector projected to reach $37.7 billion by 2033. 5. Sagtec focuses on growth, innovation, and expansion in high-demand markets.