On 3 September 2026, Dotz Nano (ASX: DTZ) announced three simultaneous milestones in the build-out of its Dotz Energy decarbonisation and energy-savings platform, connecting new technology, a validation customer, and a distribution channel in a single update.
The three developments comprise a confidential Letter of Intent with Eneriqs AI Ltd, Dotz Energy’s first commercial customer agreement (a ChillerAI pilot with Limassol Shopping Centre), and a reseller and revenue-share agreement with Bridgeford Group.
Together, the moves link the technology stack, a real-world customer deployment, and a route to distribution, forming a connected pathway to commercialise the Dotz Energy platform alongside the Company’s existing Dotz Tech operations.
Key highlights at a glance
The table below summarises the three milestones and their respective status. Importantly, the Limassol Shopping Centre pilot is a direct Dotz-customer contract that is separate from, and not part of, the Bridgeford Agreement or its approximately 25-contract target.
| Milestone | Counterparty | Status | Investor Significance |
|---|---|---|---|
| Eneriqs LOI | Eneriqs AI Ltd | Confidential LOI, certain immediately binding provisions | Expands the technology stack |
| Limassol pilot | Limassol Shopping Centre | Signed, 12-month initial pilot term | First commercial customer |
| Bridgeford Agreement | Bridgeford Group | Binding reseller and revenue-share agreement | Distribution at scale |
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Eneriqs LOI — building out the technology stack
Dotz has entered into a confidential Letter of Intent with Eneriqs AI Ltd, a technology group, covering a proposed licence of Eneriqs technology and an option to acquire Eneriqs assets.
The LOI contains certain immediately binding provisions. However, implementation of any licence, acquisition option or related transaction remains conditional on the execution of definitive agreements and receipt of all required corporate, ASX, shareholder, regulatory and third-party approvals, as applicable.
Dotz intends to build and further develop its ChillerAI offering using the Eneriqs technology, subject to completion of those arrangements. The Board considers the opportunity applicable broadly across buildings that typically operate a chiller, including hotels, shopping centres, offices, industrial facilities and data centres.
For investors, the proposed arrangement positions the Eneriqs technology as the intended foundation on which Dotz plans to build ChillerAI, though the acquisition remains an option rather than a completed transaction.
First commercial customer — the Limassol Shopping Centre pilot
Dotz Energy has signed its first commercial customer agreement, a direct pilot deployment of ChillerAI at Limassol Shopping Centre. This agreement is between Dotz and the customer directly.
The pilot runs for an initial term of 12 months, following which the parties intend to enter into a 5-year agreement. As the source makes explicit, this contract is separate from, and not part of, the Bridgeford Agreement or its commercial target.
The pilot provides real-world technical validation of ChillerAI ahead of any scaled rollout, giving prospective customers a working reference point for the platform’s performance.
Bridgeford Agreement — the route to scale
Under the Bridgeford Agreement, Bridgeford becomes a reseller and distribution partner for Dotz ChillerAI, Dotz Energy’s AI-driven chiller optimisation solution for thermally intensive commercial buildings such as hotels, shopping centres and other large facilities. The agreement establishes binding reseller, delivery and revenue-sharing rights and obligations between the parties.
The commercial objective is framed around the following indicative economics, which the Company states are prospective, indicative and non-binding rather than contracted revenue or financial guidance:
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A target of approximately 25 building customer contracts within the first 12 months of the arrangement.
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Estimated customer energy savings of approximately A$40,000 per contract per year.
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Dotz and Bridgeford together entitled to a shared-savings fee of approximately 75% (approximately A$30,000 per contract).
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Indicative total joint customer annual recurring revenue (ARR) of approximately A$750,000.
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Pricing assumes energy savings of approximately 20% of a building’s annual chiller-related electricity expenditure, which for a large commercial building is typically expected to exceed A$200,000 per year.
The Company is explicit that these figures are not contracted revenue, financial guidance, guaranteed revenue or a minimum commitment, and that actual contract numbers, ARR, revenue and cash receipts may differ materially from these estimates.
What is ChillerAI and shared-savings?
ChillerAI is described as an AI-driven chiller optimisation solution for thermally intensive commercial buildings such as hotels, shopping centres and other large facilities. In simple terms, it uses artificial intelligence to run a building’s cooling systems more efficiently, reducing the electricity those systems consume.
The shared-savings model allows customers to pay from the energy savings the technology realises rather than committing upfront capital. Under this structure, the fee to Dotz and Bridgeford is drawn from a percentage of the savings achieved, rather than an initial equipment purchase.
For investors, this represents a recurring-revenue, low-friction sales approach. By removing the upfront cost barrier, the model is designed to lower the customer’s threshold for adoption while creating an ongoing revenue stream tied to realised performance.
Management perspective
Dotz Nano CEO Nati Harpaz
“The Eneriqs technology adds an important new layer to our Dotz Energy decarbonisation and energy-savings stack. Combined with ChillerAI and our shared-savings commercial model, it moves us closer to our vision of building a single platform that helps building owners and operators cut both their energy costs and their carbon emissions. Our first commercial pilot, with Limassol Shopping Centre, is already showing real customers the value of ChillerAI, and Bridgeford now gives us the commercial reach to bring that platform to market at scale. We are also working on developing several other partnerships with distributors as well as direct customer engagement.”
Bridgeford Group CEO Nick Tassi
“We are excited to partner with Dotz on the ChillerAI platform. This technology gives asset owners and operators a practical way to materially reduce their energy costs while making real progress on decarbonisation, without the capital outlay that has historically held these projects back. Bridgeford brings deep commercial and project-delivery experience to this collaboration, and we see strong demand across our existing relationships with building owners and operators for exactly this kind of solution.”
The investment case and what comes next
The three milestones combine to form a connected commercialisation pathway for the Dotz Energy platform: technology through the proposed Eneriqs arrangement, validation through the Limassol pilot, and distribution through Bridgeford. This sits alongside the Company’s existing Dotz Tech carbon nanomaterials business.
Next steps include the execution of definitive agreements and receipt of approvals under the Eneriqs LOI, progression of the Limassol pilot toward the intended 5-year agreement, contract wins through the Bridgeford channel, and the pursuit of further distributor partnerships and direct customer engagement flagged by management.
The Company notes the indicative targets remain subject to key risks, including delays in securing customer contracts, longer sales and installation cycles, lower realised energy savings, technology and integration risk, and reliance on Bridgeford and Eneriqs as counterparties.
Whether the indicative economics translate into contracted revenue will depend on the execution of these arrangements over the coming 12 months, making the progression of the Limassol pilot and the first Bridgeford-channel contract wins the near-term markers investors are likely to watch.
For investors wanting to understand how the Dotz Energy buildout connects to the broader Dotz Nano investment case, our deep-dive into Dotz Nano’s dual-platform commercialisation strategy covers the DAC sorbent opportunity, the p-Amp performance benchmarks, and how management has framed the combined addressable market across both platforms.
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