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X2M CONNECT SECURES MAJOR REPEAT ORDER IN SOUTH KOREA

Dangjin connecting its TAM to X2M IoT platform

Progression of Dangjin contracts across its TAM

HIGHLIGHTS

  • X2M has secured a $1.6 million contract for remote water monitoring in South Korea
  • Contract is for 10,000 households in the city of Dangjin and is the fifth order from this city
  • Contract show continued success in generating repeat orders from existing customers and the success of the Company’s land and expand strategy
  • Contracts received to date with revenue to be recognized this financial year total more than A$6.6 million just 9 weeks into the financial year

Read the full results presentation:  $1.6 million order for water monitoring in South Korea

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