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TERM SHEET SECURED FOR LICENSING AGREEMENT FOR X2M PLATFORM IN THE MIDDLE EAST

Starting with the United Arab Emirates our unique platform will provide the digital infrastructure needed to facilitate the transition to smart cities

Our recent deal with DICODETechnologiesLLC brings our ‘Vision by X2M’ IoT platform to utilities the Middle East, eliminating expensive manual reading from meters and delivering large amounts of data for AI and analytic applications.

CEO Mohan Jesudason speaks with ausbiz about the considerable market opportunity in this region, starting with the United Arab Emirates. Our unique platform will provide the digital infrastructure needed to facilitate the transition to smart cities into the whole region by digitising and integrating seamless two-way communication between property, industry and government organisations on one centralised platform.

Watch the interview: CEO Mohan Jesudason speaks with Ausbiz

For the full X2M:ASX release, please see: X2M:ASX Announcement – 5 August 2024


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