- Zimi (ZMM) was up as much as 35.3 per cent today after receiving an order from Beacon Lighting (BLX) totalling over $500,000
- The products are expected to be delivered from June to November, but there may be some delays arising from global microchip shortages
- Following an initial trial both in-store and online, Beacon will roll out Zimi’s Lucci Powermesh devices nationwide
- The Lucci Powermesh devices allow for multiple connection points in the home, eliminating the need for a central hub
- Devices connected to Powermesh can send and receive messages and work in tandem with light switches and ceiling fans and garage controllers
- Shares in Zimi are still up a healthy 35.3 per cent and are trading at 2.3 cents
Zimi (ZMM) was up as much as 35.3 per cent today after receiving an order from Beacon Lighting (BLX) totalling over $500,000.
The products are expected to be delivered from June to November, but there may be some delays arising from global microchip shortages.
“We are thrilled with the vote of confidence from Beacon Lighting and look forward to working closely with them over the coming months,” CEO Brett Savill commented.
Following an initial trial both in-store and online, Beacon will roll out Zimi’s Lucci Powermesh devices nationwide.
The Lucci Powermesh devices allow for multiple connection points in the home, eliminating the need for a central hub.
Devices connected to Powermesh are able to send and receive messages and it can work in tandem with light switches, ceiling fan controllers, power points and garage controllers.
Additionally, the Powermesh device will appear in an upcoming renovation TV show.
“The humble light switch is seeing technological change we haven’t seen before,” Beacon CEO Glen Robinson said.
“The Lucci Powermesh products will offer our customers total control over their everyday appliances and help them future-proof their homes easily and affordably,” he added.
Shares in Zimi are still up a healthy 35.3 per cent and are trading at 2.3 cents at 12:46 pm AEST.