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Company News
Buddy Technologies secures Costco and Lowe’s as distributors for LIFX smart lights
Cloud-based smart lighting specialist Buddy Technologies (ASX: BUD) has added retail giants Lowe’s and Costco to the list of companies authorised to sell its LIFX smart lights in the US. Costco is the world’s third largest retailer (after Walmart and Amazon) and the move to stock LIFX smart lights follows the same move made by […]
Buddy Technologies achieves first EBITDA-positive month
Internet of Things (IoT) technology developer Buddy Technologies’ (ASX: BUD) balance sheet has improved in leaps and bounds with July being the first month of the year to record positive earnings. The Australia-based developer of smart space and lighting solutions today posted unaudited results for July 2020, including earnings before interest, tax, depreciation and amortisation […]
Buddy Technologies begins European roll-out of LIFX point of sale in Bauhaus stores
Internet of things technology developer Buddy Technologies (ASX: BUD) has begun rolling out its LIFX point of sale systems in Europe, with German DYI retailer Bauhaus the first company to receive the systems, which will display Buddy’s LIFX smart light range. Buddy’s LIFX point of sale systems are now launched in 15 Bauhaus tier one […]
Buddy Technologies achieves second best month ever in May
Smart space and lighting enabler Buddy Technologies (ASX: BUD) is on track to achieve a record quarter after achieving its second best month ever in May. The May result was an 88% difference in earnings before interest tax depreciation and amortisation (EBITDA) losses over the previous corresponding period representing a “meaningful improvement”. EBITDA figures for […]
Buddy Technologies announces Microsoft certification for LIFX smart light connector
Buddy Technologies (ASX: BUD) has announced its LIFX Power Automate Connector has been officially certified by Microsoft and is being deployed to all 58 Azure regions around the world. The Internet of Things (IoT) developer’s consumer division trades under the LIFX brand and offers a suite of Wi-Fi enabled smart lighting products. The LIFX Power […]
Buddy Technologies receives $3.8 million in orders for new low-cost smart lights
Buddy Technologies (ASX: BUD) has received the biggest orders for its smart lights to date, with purchase orders for its newly launched LIFX White product line totalling around $3.8 million. The Internet of Things (IoT) developer said these initial stocking orders are destined for sale in the United States, Canada and Mexico in both online […]
Buddy Technologies vows to shake up the smart lighting market with latest product release
Smart space solutions provider Buddy Technologies (ASX: BUD) is set to release a cost-effective, easy-to-install product which has been specifically designed to shake-up the smart lighting market. LIFX White has been developed in conjunction with retail partners globally to address the two main hurdles to the mainstream adoption of smart lights, being cost and set-up […]
Buddy Technologies unveils new products at Consumer Electronics Show in Las Vegas
IoT company Buddy Technologies (ASX: BUD) has unveiled a range of new products at the this year’s Consumer Electronics Show (CES) taking place in Las Vegas this week – currently, the world’s largest consumer electronics show where the likes of Samsung and Apple present their cutting edge gadgets and devices. Buddy announced a range of new […]
Buddy Technologies leverages Black Friday to launch pre-sales for LIFX Switch
Internet of Things (IoT) company Buddy Technologies (ASX: BUD) has kicked off a consumer pre-sales launch of its LIFX Switch product – a smart in-wall light switch that connects to the internet via Wi-Fi and can be configured and controlled via digital devices. The in-wall 4 button LIFX Switch will launch at a recommended retail […]
Buddy Technologies strikes smart lighting licence deal with Chinese manufacturer
Internet of Things developer Buddy Technologies (ASX: BUD) will supply its “Powered by LIFX” platform to China’s Eastfield Lighting (Hong Kong) Co. Limited under a non-exclusive, 10-year licencing agreement announced today. The multi-product agreement is the largest “Powered by LIFX” deal to date and will allow for the building of LIFX-compatible smart lights for an […]
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