Wyld Networks AB (publ) announced a partnership with Miromico, a Swiss IoT company, to resell Wyld Connect and Wyld satellite-based services. Miromico focus on integrated circuits, electronic systems and software products to meet the growing demand for connectivity for the Internet of Things. Miromico and Wyld will bring low-power sensor-to-satellite LoRaWAN connectivity to solve some of the IoT's key challenges: how to connect in remote locations; how to deliver connectivity on low power; how to increase profitability to sensor end users; and how to meet sustainability targets affordably.

The total addressable satellite connected internet of things market is estimated to reach $5.9 billion by 2025 and Wyld's addressable market will grow to $670 over this time.