other material
confidence high
sentiment positive
materiality 0.70
Kinetic Seas completes Phase 1 of $4M AI mobility platform with Sagtec for Malaysia
Kinetic Seas Inc.
- Phase 1 of $4.0M AI platform for Grandpride Luxury Travel in Malaysia completed ahead of schedule.
- $1.6M for licensing and custom development; $2.4M for multi-year hosting, maintenance and analytics.
- Kinetic Seas is entitled to 30% of revenues generated by Grandpride platform deliveries.
- Kinetic Seas previously received 5.5 million shares of SAGT common stock under the strategic partnership.
- Sagtec targets $12-15M AI-related revenue in FY 2026; serves 13,000+ businesses in Southeast Asia.