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X2M Launches AI-Enabled Smart Water Meter in South Korea Targeting $52M Recurring Revenue

8:25am on Monday 25th of May, 2026 AEST Technology
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X2M Launches AI-Enabled Smart Water Meter in South Korea Targeting $52M Recurring Revenue

8:25am on Monday 25th of May, 2026 AEST
Key Points
  • Manufacturing licence for AI-enabled smart water meter
  • Exclusive two-year private contract access in South Korea
  • 30% hardware cost reduction with integrated design
  • Addressable market of $1.3 billion hardware and $52 million recurring revenue
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