11/10/2025 | Press release | Distributed by Public on 11/10/2025 05:10
Brand Engagement Network Finalizes $5 Million Exclusive AI Licensing Partnership in Latin America, Unlocking Government and Commercial Markets
WILMINGTON, Del., and MEXICO CITY - November 10, 2025 - Brand Engagement Network, Inc. (Nasdaq: BNAI) ("BEN"), an innovator in conversational AI solutions for regulated industries, today announced the completion of a strategic partnership with SKYE Inteligencia LATAM, S.A.P.I. de C.V. ("SKYE LATAM").
Key Deal Terms (Effective October 30, 2025) [2]:
| ● | $5,000,000 preferred equity contribution from SKYE LATAM to BEN (recognized as IP licensing revenue) | |
| ● | 25% common stock ownership in SKYE LATAM + 1 board seat | |
| ● | 35% revenue share on software, SaaS, services, and subscriptions across all industries | |
| ● | Exclusive government-sector license in Latin America and Spain | |
| ● | Non-exclusive rights in all other verticals | |
| ● | Perpetual term with right of first refusal on any sale |
The partnership leverages BEN's proprietary Engagement Language Model (ELM™) and Retrieval-Augmented Generation (RAG) to deliver compliant, localized AI solutions for public and private sectors. With growing data sovereignty mandates, including Mexico's Federal Law on Protection of Personal Data, Brazil's General Data Protection Law ("LGPD") and Argentina's 2025 localization rules - SKYE LATAM is positioned to lead AI adoption in regulated markets. [1]
"We expect this partnership to propel our AI into the heart of Latin America's digital transformation-a region of over 663 million people primed for AI-driven efficiencies," said Tyler Luck, Acting CEO and Co-Founder of BEN. "By teaming up with other like-minded entrepreneurs, we're not just licensing technology, we're building a scalable ecosystem supported by established business partners and their networks to help redefine public-sector modernization and enterprise productivity across the continent. With our 25% ownership, board seat, and preferred equity structure, BEN is well-positioned to capture recurring value."
Gastón Iván Gaxiola Romero, SKYE LATAM CEO and Chairman of the Board, added: "BEN's AI platform enables transparent, trustworthy solutions. Through SKYE LATAM, we will have the ability to empower governments and enterprises to modernize while respecting local data laws. We believe this collaboration positions us to lead Latin America's AI revolution."
This marks BEN's first major international licensing deal. With early adoption across life sciences, healthcare, insurance, financial services, hospitality, retail, and automotive, BEN continues to gain momentum in regulated markets.
About Brand Engagement Network (BEN)
Brand Engagement Network Inc. (Nasdaq: BNAI) ("BEN") develops conversational AI agents built for regulated and customer-centric industries. Its proprietary Engagement Language Model (ELM™) with retrieval-augmented generation enables enterprises to deploy multimodal, compliance-first AI across chat, voice, avatar, and digital channels. With 21 issued patents and growing adoption, BEN is positioned at the intersection of enterprise AI and regulatory demand.