Sagtec Global Expands Partnership with Kinetic Seas to Launch Skilliks.AI Managed AI Memory Platform in Southeast Asia

Product / TechM&A · Partnership
โดย GlobeNewswire·Read original
Summary · why it matters

Sagtec Global Limited has expanded its strategic partnership with Kinetic Seas Incorporated to launch Skilliks.AI, a managed AI memory platform, across Malaysia, Indonesia, and Singapore. Under a new addendum to their August 2025 licensing agreement, Sagtec gains exclusive commercial rights to market and distribute MaluDB managed Database-as-a-Service solutions in those markets. The platform, built on the open-source MaluDB AI memory database maintained by Kinetic Seas, will provide persistent memory infrastructure for AI applications, targeting combined revenue objectives of approximately US$1.4 million in the first full year, rising to about US$5.0 million in the second year and US$12.5 million in the third year. Revenue from hosting and consulting sold by Sagtec will be shared 70% to Sagtec and 30% to Kinetic Seas, while international sales originated by Kinetic Seas and future Enterprise Editions of MaluDB will be split equally. The Skilliks.AI platform is expected to enter beta testing in the fourth quarter of 2026, with commercial availability across ASEAN markets targeted for the first half of 2027.

Impact on stocks 1

Cloud & Digital Infrastructure▲ · 1 stocks
SAGTEC GLOBAL LIMITED Ordinary shares
SAGT
▲ PositiveDemandrelevance

Sagtec gains exclusive rights to distribute MaluDB in three Southeast Asian markets with projected revenue of $1.4M in year one, rising to $12.5M by year three.

Theme Impact 2

Off-coverage companies 1

Kinetic Seas IncorporatedPrivate▲ Positive
Demandrelevance

Kinetic Seas expands partnership with Sagtec, gaining revenue share from hosting/consulting and equal split on international sales and future Enterprise Editions.

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