Australian technology company Zimi (ASX:ZMM) has begun its first shipment of its latest smart device product range, Senoa.
Senoa is a part of Zimi’s current technology range of devices, which are smart glass touch switches.
The company has also announced to its stakeholders that the expanded range of its Powermesh smart devices and the new ‘E-Door connect’ smart door controller will begin shipping in July 2023.
“we are well-positioned to capitalise on the immense opportunities within the ‘smart space’ technology market”
Zimi expects the majority of its current more than $1.6 million back orders of all products to ship throughout the Q1 FY2024 period.
Commenting on the recent developments, Zimi Chief Executive Officer (CEO) Jordan Tentori said: “The initial response for our new products has also exceeded our expectations, and we are well-positioned to capitalise on the immense opportunities within the ‘smart space’ technology market, which continue to grow rapidly.
Once our existing back orders are fulfilled, we have also secured components and production pipeline to support more than $3.5 million sales revenue for the H1 FY2024 period.”
Zimi is an innovative Australian IoT technology company, connecting everyday electrical products to the internet and each other to create smarter living and working space.
The company’s current product range consists of the Powermesh and Senoa lines, which include multi-purpose switches, dimmers, power points, fan controllers, and garage controllers.