Saudi Arabian QTI seals distribution agreement with QT Imaging for Breast Acoustic CT technology
In a significant move, QT Imaging has announced a three-year distribution agreement with Gulf Medical Company (GMC) in Saudi Arabia. The agreement grants GMC exclusive distribution rights for QT Imaging's QTI Breast Acoustic CT scanners and access to the QTI Cloud Platform.
Under the terms of the agreement, GMC will be responsible for distributing a minimum of 5 QTI Breast Acoustic CT scanners per quarter, starting from Q1 2026 and continuing until the end of 2028. The total minimum number of scanners to be ordered under this agreement is 60.
The agreement also includes the distribution of user subscriptions to the QTI Cloud Platform, a Software as a Service (SaaS) offering. The QTI Cloud Platform provides subscribers with access to a large and growing portfolio of AI-driven tools. These tools automate findings classification and deliver consistent second-read decision support.
Notably, the agreement does not specify the pricing details for the scanners. Additionally, it does not mention any penalties for non-compliance with the minimum order quantities or any maximum order quantities.
The first quarter of the minimum order requirement falls in 2026, and the revenue generated from this agreement, according to the firm, is expected to exceed $33 million. Gulf Medical will also distribute user subscriptions to the QTI Cloud Platform.
This partnership is a significant step forward for QT Imaging as it expands its reach in the Middle East. With Gulf Medical's expertise in the region, the company anticipates increased adoption of its advanced breast imaging solutions.
The QTI Breast Acoustic CT scanner is a revolutionary device that offers superior image quality and radiation dosage compared to traditional methods. Its distribution in Saudi Arabia, under the exclusive rights of Gulf Medical, is expected to revolutionise breast imaging in the region.
In conclusion, the distribution agreement between QT Imaging and Gulf Medical is a strategic move that promises to bring advanced breast imaging solutions to Saudi Arabia. The QTI Breast Acoustic CT scanner, coupled with the AI-driven tools on the QTI Cloud Platform, is set to redefine breast imaging in the region, offering consistent decision support and automation of findings classification.
