- Food service tech provider Dragontail Systems (DTS) is making solid inroads into the huge U.S. market
- The company’s Algo platform is proving a hit with a range of providers, from quick-service restaurants to food trucks and fast food outlets
- The company has a number of new agreements either in the bag or in the works to license its tech to hospitality providers including Papa John’s and Sweetgreen
- Dragontail has broadened and extended its agreement with telco, AT&T, giving the company further access to AT&T’s substantial sales channel in the U.S.
- Dragontail closed Tuesday’s session 45.45 per cent higher at 16 cents
Food service tech provider Dragontail Systems (DTS) is making solid inroads into the huge U.S. market.
New agreements
The company has a number of new agreements either in the bag or in the works to license its tech to hospitality providers.
DTS has signed a master services agreement with prominent pizza chain, Papa John’s, for its curbside food pickup feature.
A feature of the company’s Algo platform, the curbside pickup tech is aimed at optimising food readiness for customer safe pickup.
Dragontail is also entering the US$1.2 billion (around A$1.64 billion) per annum mobile food truck sector through an agreement with Curb’d.
Operators under the Curb’d umbrella will be offered operational streamlining through enhanced customer communications, AI-based recommendations on optimised location, and better scheduling of the customer’s arrival for food collection or home delivery.
The company is also entering the Quick Service Restaurant (QSR) vector with two more agreements to provide its service platforms.
One deal is with Sweetgreen — a fast-growing high-end salad restaurant chain serving high quality, fresh and healthy salads.
Another deal with an undisclosed client will also considerably expand Dragontail’s footprint across the franchisee’s hundreds of U.S. outlets.
Dragontail Managing Director Ido Levanon says gaining a foothold in the U.S. adds to the company’s increasing traction across the globe.
“These initial wins represent the company’s strong progress and entry foothold into the U.S.,” Ido began.
“We see great potential in these initial key relationships we have formed over recent months, which are just the tip of the iceberg when it comes to Dragontail’s move into the US market,” he said.
“These agreements have been aided by the very positive results existing clients are experiencing using our technology in other markets across Asia, Canada, Australia, Europe and Africa,” Ido added.
Outlook
Along with all the new deals in the works, Dragontail has broadened and extended its agreement with telco AT&T.
The renewed deal will give Dragontail further access to AT&T’s substantial sales channel in the U.S., helping secure new customers and leveraging its mobile infrastructure assets.
Dragontail is also pursuing other agreements with more restaurant chains to continue growing its footprint.
Dragontail closed Tuesday’s session 45.45 per cent higher at 16 cents.