Axelerated Solutions signs computing services contract with KFSHRC

Axelerated Solutions expects the five-year project to begin contributing to its financial results in Q3 2026

Axelerated Solutions Co. signed a contract with King Faisal Specialist Hospital & Research Centre (KFSHRC) to supply and lease computing devices and provide end-user computing services, the company said in a Tadawul filing.

The contract is valued at more than 10% of the company's 2025 revenue, including value-added tax (VAT), Axelerated Solutions said.

The five-year project is expected to begin contributing to the company's financial results in Q3 2026.

The company said the contract was signed on July 13 and that it received approval to disclose the agreement on July 15. It added that the contract involves no related parties.

According to Argaam data, Axelerated Solutions reported revenue of SAR 557.4 million in 2025, implying the contract is worth more than SAR 55.7 million, including VAT.