Beam Communications (ASX:BCC) strengthens ZOLEO foothold with Leisure-Tec deal

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Beam Communications (ASX:BCC) strengthens ZOLEO foothold with Leisure-Tec deal

Beam Communications targeting higher sales for ZOLEO
Image source: © Olivier26 | Megapixl.com

Highlights

  • Beam Communications and Leisure-Tec Australia have joined hands to offer ZOLEO, a life-changing device for those cut off from the rest of the world. 
  • Leisure-Tec Australia will offer ZOLEO through its extensive distribution channel.
  • Leisure-Tec stands represents several international market-leading brands and companies in the RV and outdoor recreation sector.
  • The partnership with Leisure-Tec, which is part of leading German RV products maker Truma Gerätetechnik, comes ahead of ZOLEO’s expected launch in Europe.

Beam Communications Holdings Ltd (ASX:BCC) is experiencing growing demand for its multi-award-winning seamless global communicator, ZOLEO.  

In a significant development, the Company has entered into a partnership with Leisure-Tec Australia, under which the latter will use its distribution channel to offer ZOLEO to the market.   

Collaboration to reinforce ZOLEO position  

Beam is a global leader in the satellite communications devices space, while Leisure-Tec is a leading RV/camping equipment group.  

Also Read: Beam Communications’ ZOLEO to hit Bapcor’s Autobarn outlets in February 

Leisure-Tec Australia is a part of Truma Gerätetechnik GmbH & Co. KG, a top-grade German manufacturer of leisure products for caravans and motorhomes. The firm has come a long way since commencing trading in the year 2018.  It has emerged as a leading recreational vehicle (RV) and outdoor equipment group in the global market.  

The firm stands as the representative to several international market-leading brands and companies in the RV and outdoor recreation space. Particularly in Australia, Leisure-Tec has grown to become a prominent name in the caravan and camping industry.  

Leisure-Tec Australia created the myCOOLMAN brand of portable fridges and freezers and is the Australian representative for UK-based Milenco Ltd, one of the largest manufacturers of RV accessories, such as towing mirrors and wheel clamps.  

Last month, the firm launched a new online marketplace, called Everythingcaravancamping, targeting the Australian outdoor, caravan and camping market. 

Interesting Read: The Tonga Tsunami disaster reminds us how Beam Communications’ (ASX:BCC) ZOLEO can save lives  

ZOLEO - A life-changing device   

ZOLEO has proved to be a life-changing device for those cut off from the rest of the world. Even when there’s no mobile coverage, the device transmits messages over the Iridium satellite network, mobile or Wi-Fi.  

 ZOLEO Satellite Communicator
Image Source: ZOLEO website

Also read: Unsure of cellular coverage? Meet ZOLEOTM, a device that can save your life 

Delighted with the partnership, Leisure-Tec Australia CEO, Paul Widdis, said: “The ZOLEO offering sits well in our portfolio of innovative outdoor products that enrich the lives of our customers, and with more Australians choosing to holiday domestically as a result of the COVID-19 pandemic, the growth prospects for the outdoor, caravan and camping sector remain very strong.” 

Remarks by Peter Papas, Beam’s Vice President of ZOLEO Sales: 

“We are excited to be able to work with an industry leader like Leisure-Tec, which has an extensive distribution network and presence in the domestic RV market.”  

He further added, “The opportunity to showcase ZOLEO alongside other leading global brands will reinforce ZOLEO’s position as the industry standard when it comes to safety and communications.” 

BCC shares were trading at AU$0.410 midday on 11 February 2022. The Company has a market capitalisation of AU$36.29 million.  

To know more about Beam Communications, click here. 

Do read: Factors paving the success path for Beam Communications (ASX:BCC)    

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