RedCloud to Enter Live Deployment Phase as Combined Turkey and Saudi Joint Ventures Represent Up to $80 Million Revenue
RedCloud Holdings plc - Ordinary Shares (RCT)
Company Research
Source: GlobeNewswire
London, UK, April 20, 2026 (GLOBE NEWSWIRE) -- RedCloud Holdings plc (Nasdaq: RCT) (“RedCloud” or the “Company”), the company building intelligent infrastructure for global trade, today announced it is progressing the deployment of its RAID (Realtime AI for Distribution) engine in Turkey, moving from R&D into early-stage integration with one of the country’s leading distribution networks. This development marks the next phase of RedCloud’s expansion in Turkey, transitioning from capability build to in-market execution. Following the establishment of its up to $50 million joint venture and the intended launch of its AI R&D hub at ITU Teknokent, RedCloud is now working alongside a leading national distributor to integrate RAID into active distribution environments in H1 FY’26. This phase focuses on embedding RAID directly into the flow of trade, enabling more precise demand prediction, inventory positioning, and execution decisions across complex FMCG supply chains. It represents th
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News
- RedCloud to Enter Live Deployment Phase as Combined Turkey and Saudi Joint Ventures Represent Up to $80 Million Revenue [Yahoo! Finance]Yahoo! Finance
- RedCloud Holdings Plc Receives Notice Regarding Minimum Bid Price Requirement [Yahoo! Finance]Yahoo! Finance
- RedCloud Holdings Plc Receives Notice Regarding Minimum Bid Price RequirementGlobeNewswire
- RedCloud Signs Up to $30M Saudi Licensing Agreement to Deploy Its RAID Engine Across $68Bn FMCG MarketGlobeNewswire
- RedCloud Appoints Prof. Dr. Mustafa Ergen to Board as Non-Executive Director, Strengthening AI and Türkiye Expansion StrategyGlobeNewswire
RCT
Sec Filings
- 4/14/26 - Form 6-K
- 4/10/26 - Form 6-K
- 3/27/26 - Form EFFECT
- RCT's page on the SEC website