RedCloud Holdings (NASDAQ:RCT), a pioneer in intelligent infrastructure for global trade, has entered into a five-year licensing agreement valued at up to $30 million to deploy its RAID (Realtime AI for Distribution) engine across the Kingdom of Saudi Arabia.
The move targets the nation's $68 billion fast-moving consumer goods (FMCG) market and marks a major step in the company’s capital-light global expansion.
The agreement is structured to provide RedCloud with approximately $6 million per year, contingent upon the revenues generated by the RAID engine within the Kingdom.
By implementing this AI layer, RedCloud aims to address a systemic $9.4 billion inventory imbalance in Saudi Arabia caused by fragmented supply chains and a lack of real-time visibility.
The partnership is strategically aligned with the Saudi Vision 2030 initiative, which prioritizes the digital transformation of the economy and the optimization of domestic trade corridors.
The RAID engine functions as an "intelligence layer" for the supply chain, moving beyond traditional systems of record to enable real-time, data-led decision-making.
For Saudi manufacturers and distributors, the technology offers the ability to act on market data at scale, while retailers gain improved access to supply and product choice.
This Saudi partnership represents RedCloud’s second major licensing success, following a $50 million joint venture in Türkiye announced in late 2025.
Together, these agreements bring the company’s combined contracted joint venture infrastructure revenue to up to $80 million.