Sagtec Global expands partnership with Kinetic Seas for AI development

Sagtec Global Limited (NASDAQ: SAGT) announced an expanded partnership with Kinetic Seas Incorporated (OTCQB: KSEZ) that establishes Kinetic Seas as its exclusive AI development partner across Malaysia, Indonesia, Singapore, and the Philippines.

Under the agreement, Sagtec will issue 5.5 million Class A ordinary shares to Kinetic Seas to satisfy licensing fees, with the shares subject to a 12-month holding period under Rule 144. The companies will split revenue from AI development projects, with Sagtec receiving 70% and Kinetic Seas receiving 30% of gross project receipts.

The partnership has enabled Sagtec to secure two contracts: a $3 million digital transformation contract with Malaya Heritage Holdings and a $1 million AI-powered SaaS platform development agreement with HM Edutech Group.

"This partnership allows us to deliver world-class AI solutions to our 12,365 Speed+ subscribers and corporate clients immediately," said Ng Chen Lok, Chairman and CEO of Sagtec Global Limited.

Kinetic Seas will provide AI solutions including custom software development, system integration, project management, and deployment services through its Skilliks platform.

Sagtec projects FY 2026 AI Solutions Revenue of $12-15 million, with recurring SaaS revenue growing 200% year-over-year. The company estimates a three-year cumulative revenue impact of $40-50 million by 2028.

Edward S. Honour, CEO of Kinetic Seas, said the partnership connects the company's community of over 10,000 AI professionals with Sagtec's commercial ecosystem.

The information is based on a company press release.

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