Wyld signs new launch partners, expands LEO satellite coverage and prepares for commercial launch on 8th December
CEO Alastair Williamson :
"In Q3, we have been working to ensure the launch of our service on
Wyld have signed a commercial agreement with Lacuna Space to increase satellite connectivity capacity through accessing Lacuna's operational satellites. This significantly reduces risk for Wyld moving forward and provides access to additional LEO satellites and a MEO satellite which further strengthens the ability to collect and deliver data to customers wherever their location. Lacuna and Wyld have both focussed on the LoRaWAN wireless protocol for connecting sensors via satellites and have the essential engineering strengths to release the massive potential of satellite connectivity for the Internet of Things.
Strengthened by the new agreement with Lacuna, we will continue signing new launch partners and develop the existing partnerships. There are exciting developments building across both
"I am anticipating a massive 2023 for the company as we launch the commercial service on 8th December," said
Financial Summary, Q3 2022- Total income, SEK k
Q3: 933 (726) -
Total EBIT, SEK k
Q3: -8,933 (-7,552) -
Earnings per share, SEK
Q3: -0.87 (-0.93)
Q3: 933 (726)
Q3: -8,933 (-7,552)
Q3: -0.87 (-0.93)
Significant events during Q3
Wyld Networks has signed 5 additional partnerships this quarter with: ATSS (Saudi Arabia ), Khomp (Brazil ), IoTMaxi (Brazil ),British American Tobacco (Brazil ), Miromico (Switzerland )- Wyld has successfully designed, manufactured and deployed(in various locations) the beehive contact sensors integrated with Wyld Connect. This initiative, together with Bayer Crop Sciences entomology team will deliver hive interaction data to the global apiculture sector
Wyld Networks breakthrough partnership with Miromico, a Swiss IoT company, to resell Wyld Connect and focus on integrated circuits, electronic systems and software products to meet the growing demand for connectivity for the Internet of Things.-
Wyld receives further purchase orders of Wyld Connect of
SEK 1.07 million fromC.Towers inBrazil and a Nordic IoT company in the utilities sector
Significant events after Q3
- Wyld announced a partnership with Lacuna Space to increase global satellite coverage for its satellite service to be launched in
December 2022 -
Wyld signs a partnership with
Spider Digital , a security and intelligence technology company located in theUAE ,UK ,North America andBangladesh C.Towers orders data forSEK 830,000 as a follow-up to a Wyld Connect hardware order earlier this year forSEK 300,000 . This applies to the recurring data charges for the IoT data service via satellite-
IMAE orders data for
SEK 820,000 as a follow-up to a Wyld Connect hardware order earlier this year forSEK 300,000 . Wyld Networks AB has carried out a directed issue of new shares of approximatelySEK 7.3 million .-
Wyld announces the launch of satellite IoT network service starting 8th
December 2022
The interim Report is available to download at
https://wyldnetworks.com/investor-relations
For further information, please contact:
E-mail: alastair.williamson@wyldnetworks.com
Tel: +44 7 824 997 689
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