Latest Ai In Utilities News

ikeGPS Group Limited reported a 33% surge in subscription revenue to NZ$19.2 million for FY26, driven by AI-powered product innovation and expanding adoption among North American utilities. The company achieved positive underlying EBITDA in March and ended the year with NZ$33 million cash and no debt.

X2M Connect has secured a manufacturing licence for South Korea's first AI-enabled integrated smart water meter, aiming to capture a $1.3 billion hardware market and $52 million in recurring SaaS revenue by solving critical connectivity challenges.

X2M Connect has teamed up with Mawson Business Advisory to roll out an integrated AI-driven smart community platform featuring private 5G connectivity, targeting Australia's $6.2 billion retirement village market with long-term contracts.