Wyld Networks commences delivery of Wyld Connect products to fulfil customer orders enabling global satellite IoT connectivity.
The IoT connectivity market is predicted to boost global GDP by $3 trillion by 2030 with an estimated 125 billion IoT sensors expected to be deployed each year by the end of the decade. It is within this rapidly expanding market space that Wyld Networks have now started shipment of Wyld Connect products to fulfil customer orders.
Wyld Networks satellite IoT solutions provide 100% global coverage solving the current lack of terrestrial IoT wireless infrastructure. Satellite IoT connectivity allows our customers to optimize agricultural processes, bolster energy management, streamline logistics and promote environmental sustainability.
“After extensive in-field testing with our customers, we are delighted to announce that delivery against our existing orders has now begun,” said Alastair Williamson, CEO Wyld Networks. “This is an exciting and important stage in Wyld’s development as we continue to cement our position as the leading virtual satellite network operator. The company has received orders of approximately SEK 92 million.”