Presight Records AED2.5 Billion in Domestic AI Orders
The Abu Dhabi company’s order intake and renewals show national programmes moving from pilot activity into a multi-year commercial base for applied AI.
Presight reported AED2.5 billion in domestic renewals and new agreements in the second quarter, with a 100% renewal rate across major national-level programmes. The company said the orders covered mission-critical national platforms and deployments in public safety, non-kinetic defence, mobility, customs, audit and SME enablement.
The Abu Dhabi AI company reported second-quarter revenue of AED713.2 million, up 36.1% year on year, and an order backlog of AED4.9 billion at 30 June. It said multi-year contracts represented 93.5% of quarterly revenue.
Email Edition
Receive The Emirates Intelligencer by email
Subscribe for the daily AI investment bulletin when the latest issue is published.