Wyld Networks AB and C.Towers sign a contract for SEK 300,000 to deploy sensor to satellite connected IoT solutions for renewable energy across Brazil. The delivered solution will enable the collection of data and monitoring of infrastructure assets in remote locations. Wyld's sensor to satellite technology, powered by Eutelsat's satellite network, will provide wireless coverage in areas outside of current cellular or terrestrial capabilities.

Together, C.Towers and Wyld Networks will bring satellite IoT capabilities to the rapidly expanding renewable energy sector in Brazil. The current purchase order is for Wyld Connect IoT modules, the hardware that enables satellite connectivity. Recurring revenue in the form of data plans will follow.