Roze AI Expands Disaster Prevention and Physical AI Business with Approximately US$12.2 Million (KRW 16.4 Billion, Excluding VAT) in New Contracts in South Korea
Key Highlights
- ➤New South Korea contracts total KRW 16,400,600,000, approximately US$12.2 million, excluding VAT
- ➤Three development sites will deploy digital twin platforms, fire equipment and installation works
- ➤Construction at all three sites is expected to commence in the first half of 2027
- ➤Contract values are preliminary and may change; they are not revenue guidance
- ➤Roze AI (RZAI) plans further deployments across North America and other international markets
Expert Statements
Young Jin Cho, Chief Executive Officer of Roze AI
“These contracts are a meaningful step in scaling our commercial business and reflect growing demand from developers for preventive fire safety in large residential and mixed-use projects. South Korea is an important market where Roze AI has applied its technologies across a range of real-world environments and gained experience in commercial deployment. Our goal is to use AI and Physical AI technologies to advance disaster management from a focus on post-incident response toward earlier risk identification and preventive action.”
Young Jin Cho, Chief Executive Officer of Roze AI
“We intend to expand our Physical AI technologies across a broader range of real-world environments, including buildings and infrastructure. We will continue to pursue customers, strategic partners and additional commercial deployment opportunities in North America and other global markets while continuing to advance our core technology platform.”
* New contracts through wholly owned subsidiary expand the deployment of Fire 4Cast and Disaster AI Platform across mixed-use and commercial development projects * Broadens the Company’s Physical AI technology platform base while pursuing additional commercial deployment opportunities across South Korea, North America and other international markets SEONGNAM, South Korea, Oct. 06, 2026 (GLOBE NEWSWIRE) -- Roze AI Inc. (Nasdaq: RZAI, “Roze AI” or the “Company”), a Physical AI technology company focused on disaster prevention and safety management, today announced that its wholly owned Korean operating subsidiary, Roze AI Korea Co., Ltd., has entered into new contracts valued at KRW 16,400,600,000 (approximately US$12.2 million), excluding value-added tax (VAT) to deploy the Company’s AI-powered fire safety and disaster prevention technologies across mixed-use and commercial development projects in South Korea. The new contracts further expand Roze AI’s customer base and commercial deployment footprint in South Korea, broadening the Company’s project portfolio across commercial, residential and facility environments.
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