Wyld Networks has been contracted to deliver its Wyld Connect satellite IoT module to a South African company for deployment into the agricultural sector. Wyld Networks has received purchase orders with a total value of SEK 17.0 million for delivery of Wyld Connect modules over a four-year period, starting in April 2022. The Wyld Connect solution will allow for the customer to deploy IoT sensors in the agricultural sector to collect data directly from satellites.

The UN's Food and Agriculture Organization has predicted that global food production in 2050 will need to be 70% higher than in 2009, as the world population grows by nearly a third, almost all in developing countries. To meet this increase in food demand, agriculture is rapidly adopting IoT sensors and devices to collect data from field to make informed decisions that can increase the yield of crops and reduce the waste of water.