QT Imaging enters exclusive distribution agreement with Gulf Medical for Saudi Arabia

QT IMAGING HOLDINGS, INC.

QT Imaging grants Gulf Medical exclusive rights to market and sell Breast Acoustic CT scanners and QTI Cloud Platform subscriptions in Saudi Arabia.
Minimum purchase requirements: 5 scanners per quarter starting Q1 2026, totaling at least 60 scanners over three years.
Total minimum revenue of approximately $33 million from the distribution agreement through 2028.
GMC must secure all required governmental approvals and is responsible for shipping, duties, and taxes in Saudi Arabia.
The initial term is three years, renewable annually if minimum purchase requirements are met.

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