MEASURING SUCCESS
AXIOMA METERING
AXIOMA METERING I PROFILE
A pioneer of ultrasound technology in the Baltic States, Axioma Metering develops and manufactures ultrasonic water, heat metering and data management devices. The company uses technology to create a more secure and sustainable world. CEO Ignas Vosylius discussed environmental goals. Report by Antonia Cole.
This year, Axioma Metering will celebrate its eighth year in operation, but its history dates back over 30 years, CEO Ignas Vosylius said: “Axioma Metering, which now belongs to the ICOR corporation, introduced the first water and heat ultrasonic meters in 1993. Our journey to change consumer habits and create a better future began in 1992, founded by a group of technology students. Our story has always featured sharp minds, brave solutions and an accurate understanding of the market.”
2019 was a significant year, as Axioma opened its modern factory in the Kaunas Free Economic Zone and began mass production. With an annual capacity of over one million devices, this investment built the foundations of Axioma’s success.
Last year, the company opened a second, fully-automated factory, where the manufacturing cycle of an ultrasonic meter is five seconds long. Currently Axioma’s annual production capacity is three million units, but with plans for further investment into production lines, this is expected to increase to six million. The company’s smart meters
are used in over 80 countries, from Italy and Germany to India and Chile.
“Axioma Metering seeks to expand, to export and innovate,” added Mr Vosylius.
“In the first quarter of 2025, we produced as many smart water and energy meters as we did throughout 2022. This exponential growth is a testament to our team’s innovation, resilience, and operational excellence – especially in the face of an uncertain geopolitical and economic landscape.
“This shows both the rising demand for smart metering solutions and our capacity to scale and deliver under pressure. Our products help people worldwide save water, a resource that in some parts of the world is already limited. Water is life, so knowing that our smart products help to create a better future inspires our people.”
Smart monitoring
Axioma’s flagship product is its smart water meter, detecting water flows as low as 1 litre per hour. This enables accurate monitoring
of water usage, helping customers optimise their consumption. By detecting even minimal water flow, the meter quickly alerts users to potential leaks, helping to prevent significant water loss. Without the company’s smart meters, up to 30% of distributed water is estimated to be lost. Axioma’s smart meters can reduce this percentage to single digits within a couple of years.
In 2022, Tashkent, Uzbekistan, launched a large-scale modernisation project to address significant inefficiencies in heating and water networks. With up to 40% heat loss due to aging infrastructure, the city faced major operational and financial challenges. Supported by EU investments, the project enhanced efficiency, reduced losses and improved billing accuracy.
As part of this initiative, Axioma Metering’s Qalcosonic W1 ultrasonic smart meters helped utilities streamline data collection, prevent tampering and transition to a fully automated billing system. This pilot project expanded into one of Uzbekistan’s largest
Ignas Vosylius, CEO
smart metering deployments, setting standards for data accuracy and operational efficiency. 75,000 smart water meters will be installed in 2025.
There is a rapid growth in the use of Narrowband IoT (NB-IoT) technology in smart water metering – and for good reason. NB-IoT is reshaping the industry by providing utilities with a highly-efficient, reliable and scalable communication solution. Built on licensed cellular networks, it is purpose-built for low-power, wide-area applications. This makes it ideal for smart water meters, offering long battery life, strong indoor coverage and secure two-way communication.
“Utilities benefit from precise data monitoring, remote diagnostics and automated meter readings – significantly reducing operational costs,” commented Mr Vosylius. “Our journey with NB-IoT began in 2019, with our first commercial test run in Lithuania.
“In 2022, we won our first major contract, delivering 120,000 NB-IoT-enabled water meters. Since then, we’ve worked with
over 65 different Mobile Network Operators (MNOs) worldwide. This hands-on experience gives us a unique advantage: our meters are ready to work seamlessly with almost any MNO globally.”
Through years of collaboration and testing, Axioma developed advanced processes to optimise battery performance – essential for its meters, which are designed to last 16 years. These meters work closely with each MNO to fine-tune device behavior and maximise energy efficiency.
“Another often-overlooked factor is MNO performance monitoring,” said Mr Vosylius. “While NB-IoT ensures long-term connectivity, network environments change. Our devices continuously monitor MNO performance and send real-time alerts, allowing us – and utilities – to respond instantly, minimising water loss and reducing costs.”
This proactive approach ensures long-term performance and reliability, empowering utili-
ties to deliver smarter, more responsive water management. As infrastructure evolves and demands grow, NB-IoT positions utilities to stay ahead.
Improving sustainability
Axioma is also working to improve its own sustainability. In 2023, the company rented a solar park in the Vilnius district with a capacity of 500kW. The park generated approximately 514,000kWh of renewable power per year and Axioma is contracted to use this energy for the next ten years. Additionally, the company invested in a 305kW solar plant to further reduce its reliance on non-renewable energy sources.
“Our goal is to cut emissions by 30% by 2030,” commented Mr Vosylius. “We are systematically measuring greenhouse gas emissions, implementing energy efficiency measures and increasing our use of renewable energy. We have made significant strides in our sustainability journey, aligning with
our mission to change consumer habits and save water for future generations. At Axioma, we are steadily minimising water usage in manufacturing, as well as focusing on circular economy principles.”
The company is also dedicated to social responsibility and employee wellbeing. Implementing fair employment practices, ensuring equal opportunities and providing competitive salaries are some of the ways in which Axioma prioritises its employees. The company is also ISO 45001-certified, guaranteeing the health and safety of its workforce.
“Our work is guided by three core values: I care, I trust and I create value for the client,” added Mr Vosylius. “Every employee is committed to finding real, practical ways to support clients. Our people are our biggest asset. They create real value by talking to clients, listening to their needs and translating these requirements into solutions.”
Global impact
In 2019, Axioma was recognised as the most innovative company from Lithuania and received awards as a leading
exporter in 2022, 2023 and 2024. Axioma made these achievements by developing strong partnerships with suppliers. The company relies on local partners that understand their individual markets and deliver practical metering solutions.
“We are global through local,” said Mr Vosylius. “By combining our advanced technology with our partners’ local expertise enables us to consistently produce quality results. All our partners are important to us.”
Axioma’s mission to create better water systems for future generations continues to drive the company. Following investments into its facilities and people, Axioma plans to enter further strengthen its global footprint.
“It’s rewarding to know that every water meter we produce plays a pivotal role in preserving water resources,” continued Mr Vosylius, in conclusion. “Our growth targets directly align with making a positive global impact. We will continue to use the latest technology innovations to push ourselves ahead of the curve.”
