X2M Connect (ASX:X2M) is a utility focused SaaS based technology company $X2M

Joined November 2021
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Watch X2M (#ASX: $X2M) CEO & Managing Director Mohan Jesudason on AusBiz discussing its data centre partnership with Resi Ventures. Click to watch 👉 ausbiz.com.au/media/ballarat… #DataCentres #EnergyInfrastructure #Microgrids #AI #CleanEnergy

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X2M Connect Limited (#ASX: #X2M) has entered into a strategic partnership with Australian property developer Resi Ventures to support the development of a network of regional data centres across Australia, marking a significant step into one of the country's fastest-growing infrastructure sectors. Key Highlights: ✅ X2M has signed a partnership agreement with Resi Ventures ("Resi"), an established Australian property developer with approximately $900 million in projects, to develop integrated data centre and energy infrastructure precincts across regional Australia ✅ The first integrated data centre project is expected to be the Miners Rest Renewable Energy Integration Precinct ("MRREIP"), an integrated energy and data centre precinct in regional Victoria ✅ X2M's platform would connect all energy generation, storage, distribution and data centre environment sensors across the precinct into a single Al-powered management system ✅ The MRREIP precinct is planned to integrate a data centre (10 to 100 MW capacity), a 10 MW battery energy storage system, heavy electric vehicle charging, an anaerobic biodigester and connections to regional renewable energy zones ✅ Five-year agreement providing a framework for expansion across multiple Australian locations ✅ Australia's data centre and connectivity infrastructure investment is projected to require up to $135 billion by 2035. Read more: cdn-api.markitdigital.com/ap… #ASX #X2M #DataCentres #EnergyInfrastructure #RenewableEnergy #Microgrids #SmartInfrastructure #AI #CleanEnergy #BatteryStorage #EVCharging #AustraliaInfrastructure #DigitalInfrastructure #RegionalAustralia
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X2M Connect Limited (#ASX: #X2M) says its existing enterprise and government customer base represents an addressable market of more than $600 million through broader digitisation of water utility infrastructure. During a recent investor webinar, CEO Mohan Jesudason also highlighted a recurring revenue opportunity of approximately $40 million per annum from the company’s current customer base. Watch the full webinar: vimeo.com/1191073582?share=c…
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X2M Connect Limited (#ASX: #X2M) has outlined how its predictive AI platform is being used to optimise bottled gas delivery logistics in Japan. During a recent investor webinar, CEO Mohan Jesudason said X2M’s platform uses historical usage data to predict household gas demand and optimise delivery scheduling, resulting in a 29% reduction in kilometres travelled, a 10% reduction in fleet size, and operating cost reductions of approximately 20%. Watch the full webinar: vimeo.com/1191073582?share=c… #ASX #X2M #X2MConnect #AI #Logistics #Japan #Utilities #OperationalEfficiency #InvestorUpdate #InvestorRelations
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X2M Connect Limited (#ASX: #X2M) has launched South Korea’s first AI-enabled separable integrated smart water meter following the grant of a manufacturing licence. The company was engaged by South Korea’s largest water manager to address residential water meter connectivity issues and reduce water digitisation costs, with the solution expected to lower hardware costs by 30%. X2M's existing water meter customer base in South Korea represents an addressable market opportunity of approximately $750M, with an estimated $30M in annual recurring revenue. Read more: cdn-api.markitdigital.com/ap…
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X2M Connect Limited (#ASX: #X2M) has secured a manufacturing license to produce and sell South Korea's first Al-enabled separable integrated smart water meter. Key Points: ✅ X2M secures a manufacturing licence for South Korea's first Al-enabled integrated smart water meter, engineered to maintain connectivity in flooded underground conditions ✅ X2M was engaged by the largest South Korean water manager to address a national challenge in residential water meter connectivity and to reduce the cost of water digitisation ✅ Meters are connected to X2M's patent supported, Al-enabling data processing platform, driving curring SaaS revenue alongside hardware sales ✅ Two years of "private contract" access provides a pipeline to South Korean municipalities via the Public Procurement System, with no tender process required to order meters ✅ X2M is the only company to achieve a separable integrated meter certification in South Korea, having now delivered the most innovative product in the market. ✅ South Korea mandates water meter replacement every eight years, creating an annual replacement market of approximately one million units across 8.7 million installed meters ✅ The Total Addressable Market for water metres across South Korea is estimated to be more than $1.3B and $52M in annual recurring revenue ✅ X2M's existing water meter customer base in South Korea represents an addressable market opportunity of approximately $750M, with an estimated $30M in annual recurring revenue Read more: cdn-api.markitdigital.com/ap…
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X2M Connect Limited (#ASX: #X2M) has outlined the global trends driving demand for smart infrastructure and real-time data platforms across AI, smart cities, renewable energy and data centre markets. During a recent investor webinar, CEO Mohan Jesudason said increasing adoption of artificial intelligence, connected infrastructure and energy optimisation technologies is accelerating demand for platforms capable of aggregating and managing large-scale infrastructure data. Watch the full webinar: vimeo.com/1191073582?share=c…
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X2M Connect (#ASX: #X2M) is positioned to service Australia's growing clean energy and data centre infrastructure requirements — directly aligned with what the 2026-27 Federal Budget has just funded. Budget measures for energy management: ✅ $18.2 billion in new net zero spending over the medium term ✅ $143.2 million to maximise consumer and community benefits of the energy transition ✅ $97.2 million for the National Consumer Energy Resources Roadmap — covering rooftop solar, batteries and distributed energy resources ✅ $15.9 million to implement NEM wholesale market reforms, prioritising renewable, firming and storage capacity ✅ $10 million to expand electricity market monitoring and reporting by the Australian Energy Regulator ✅ $1.5 billion in National Partnership payments to support state energy and water projects The data centre opportunity (CEFC): ✅ Australian data centre capacity projected to grow from 0.3 GW to 3.2 GW by 2035 ✅ Up to $135 billion in investment over that period ✅ Data centres must now achieve a 5-star NABERS energy rating to host federal government workloads (separate regulatory requirement, not a budget measure) Managing this transition at scale requires real-time energy data processing infrastructure. X2M's platform already does this across 500,000 connected devices, processing 300 million data points per month across Asia Pacific.
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X2M Connect Limited (#ASX: #X2M) has outlined its integrated smart community and private connectivity opportunity through its partnership with Mawson Advisory. The offering provides retirement village and single-title community operators with end-to-end facilities management, including the potential to deliver private 5G services which could replace NBN. Management said the Australian retirement village sector represents a significant market opportunity, comprising approximately 2,500 villages and more than 200,000 residences. Watch the full webinar: vimeo.com/1191073582?share=c… #SmartCities #SmartEnergy #SaaS #DataCentres #RecurringRevenue #Tech #Infrastructure #Energy #Innovation #Australia #GlobalGrowth
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X2M Connect Limited (#ASX: #X2M) CEO, Mohan Jesudason, has outlined how the Company’s platform enables AI-driven smart city infrastructure through real-time data processing across water, electricity, gas, renewable energy and public safety networks. X2M currently supports more than 500,000 connected devices and processes approximately 300 million data feeds per month across enterprise and government customers. X2M is currently focused on monesting its $600m addressable market from existing customers. Watch the full webinar: vimeo.com/1191073582?share=c… #SmartCities #SmartEnergy #SaaS #DataCentres #RecurringRevenue #Tech #Infrastructure #Energy #Innovation #Australia #GlobalGrowth
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X2M Connect Limited (#ASX: #X2M) is at a critical inflection point, with global demand for its technology, which enables the AI-powered nervous system for smart cities & data centres. ✅ X2M has spent more than ten years building a patent-supported, Al-enabling data processing platform that sits at the centre of smart city infrastructure that requires real-time data from water gas, electricity and public safety networks to operate effectively ✅ Data centres have huge demands in energy that need renewable energy support and energy management where X2M has its core products ✅ X2M reduced convertible loan debt in May by $800,000, with $650,000 repaid in cash and $150,000 converting to equity which will remove $120,000 in annual cash interest payments ✅ X2M has connected more than 500,000 devices and serves 89 blue-chip enterprise and government customers across South Korea, Japan, Taiwan, the Middle East and Australia ✅ Addressable market of its existing customers exceeds $600 million in upfront revenue and $40 million in annual recurring revenue ✅ The global smart cities market was valued at US$877.6 billion in 2024, with APAC representing 52.3% of the global market and projected to grow at a CAGR of over 30% ✅ Australia's data centre energy demand is expected to be 2.2 GW-3.2 GW by 2035, or 8-11 per cent of Australia's projected electricity and requiring up to $135 billion in investment ✅ X2M is evolving to a high-margin SaaS business model involving up-front fees and recurring revenue ✅ The Q3 FY26 report showed operating costs increased by only 2% in Q3 while revenue growth on the prior corresponding period (pcp) accelerated from 25% in 1Q to 67% in 3Q Read more: cdn-api.markitdigital.com/ap… #SmartCities #SmartEnergy #SaaS #DataCentres #RecurringRevenue #Tech #Infrastructure #Energy #Innovation #Australia #GlobalGrowth
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X2M Connect Limited (#ASX: #X2M) CEO, Mohan Jesudason, on the Company’s growing smart community pipeline of up to ~5,800 lots: "Glanmire Park represents a significant commercial milestone for X2M, with a possible $1.6 million revenue opportunity from this estate following on from the possible $2 million from McMahon's Place announced recently.” Key highlights: ✅ 800-lot Smart Energy deployment at Glanmire Park ✅ Estimated ~$1.6M revenue opportunity from the estate ✅ Total smart community pipeline of up to ~5,800 lots ✅ Integrated platform including solar, energy management and community battery ✅ Participating homeowners are expected to save approximately $1,000 per annum The agreement builds on X2M’s growing pipeline and supports the continued rollout of its Smart Energy platform across residential developments. Read more: cdn-api.markitdigital.com/ap…
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X2M Connect Limited (#ASX: #X2M) has entered into a Smart Community Agreement with Riverstown Pty Ltd to deploy its Smart Energy solution at the 800-lot Glanmire Park estate in Yarrawonga, Victoria. The agreement establishes a new residential rollout, with an estimated ~$1.6M revenue opportunity subject to adoption, and builds on the Company’s existing pipeline including the 1,000-lot McMahon’s Place project and expansion pathway across ~4,000 additional lots in Victoria and Queensland. X2M’s Smart Energy solution integrates solar, home energy management and potential community battery infrastructure, enabling real-time optimisation of energy use and delivering expected cost savings for residents. The agreement supports X2M’s strategy to scale its platform across residential developments, with its Australian smart community pipeline now reaching up to ~5,800 lots. Read more: cdn-api.markitdigital.com/ap…
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X2M Connect Limited (#ASX: #X2M) has entered into a Smart Community Agreement with Riverstown Pty Ltd, to deploy its X2M Smart Energy solution at the Glanmire Park estate in Yarrawonga, Victoria. Highlights: ✅ Agreement with Riverstown to offer X2M Smart Energy to purchasers across the 800-lot Glanmire Park estate in Yarrawonga, Victoria. ✅ Estimated ~$1.6 million revenue opportunity if all homes in Glanmire Park adopt X2M Smart Energy. ✅ Follows X2M signing a Smart Community Agreement with Resi Ventures for 1,000 lots at McMahon's Place, Victoria, and a non-binding MOU to expand across a further ~4,000 lots in Victoria and Queensland (ASX announcement 2 April 2026). Read more: cdn-api.markitdigital.com/ap…
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X2M enters Japanese water digitisation sector supporting Azbil Kimmon smart metering Click here to see the full announcement: ow.ly/SFbY50XFYKa
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