X2M Expands AI Smart City Products in South Korea
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| Stock | X2M Connect Ltd (X2M.ASX) |
|---|---|
| Release Time | 15 Jun 2026, 9:21 a.m. |
| Price Sensitive | Yes |
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X2M Launches AI-Enabled Streetlight Controller in South Korea
Key Points
- X2M introduces AI-enabled remote-controlled bidirectional streetlight controller
- New controller manages up to 8 sets of streetlights for remote control and real-time fault detection
- Expands X2M's addressable market in South Korea to $225 million annually
Full Summary
X2M Connect Limited (ASX:X2M) has expanded its smart city platform in South Korea with the launch of an AI-enabled remote-controlled bidirectional streetlight controller. The new controller can manage up to 8 independent sets of streetlights, enabling municipality-wide remote control, automated scheduling, and real-time fault detection. The controller automatically detects LED lamp failures through current sensing, reducing maintenance costs and response times. The total addressable market for streetlights in South Korea is $225 million annually, and this expansion strengthens X2M's position within its existing South Korean customer base.
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