Wyld Networks today announces 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.

 

"Wyld is at the forefront of new sensor-to-satellite-based technology that will massively change the IoT market, which is currently held back by the lack of global connectivity," says Marcel Wappler, CTO at Miromico.

 

"We are delighted to be partnering with Miromico to bring new opportunities to the global IoT market by connecting sensors to low earth orbiting satellites." said Alastair Williamson, CEO at Wyld Networks.

 

For further information, please contact:

Alastair Williamson, CEO Wyld Networks
E-mail: alastair.williamson@wyldnetworks.com 
Tel: +44 7 824 997 689

About Wyld Networks AB

Wyld Networks develop and sell innovative wireless technology solutions that enable affordable connectivity anywhere in the World, addressing the problems for businesses and people regarding the lack of global mobile network coverage. The solutions are mainly targeted to wireless connectivity for the Internet of Things (IoT) and people.

Wyld Networks Ltd was formed in Cambridge, UK in 2016 and is a wholly owned subsidiary of Wyld Networks AB.

The Wyld Networks share (WYLD) is traded on the Nasdaq First North Growth Market. Certified Adviser is Mangold Fondkommission AB (tel +46 8-5030 1550, email ca@mangold.se).

Read more on www.wyldnetworks.com

For further information, please contact

Alastair Williamson, CEO Wyld Networks
Tel: +44 7 824 997 689
Email: alastair.williamson@wyldnetworks.com

About Wyld Networks AB

Wyld Networks develop and sells innovative wireless technology solutions that enables affordable connectivity anywhere in the World, addressing the problems for businesses and people regarding the lack of global mobile network coverage. The solutions are mainly targeted to wireless connectivity for the Internet of Things (IoT) and people.

Wyld Networks Ltd was formed in Cambridge, UK in 2016 and is a wholly owned subsidiary of Wyld Networks AB.

The Wyld Networks share (WYLD) is traded on the Nasdaq First North Growth Market. Certified Adviser is Mangold Fondkommission AB (tel +46 8-5030 1550, email ca@mangold.se).

Read more on www.wyldnetworks.com

https://news.cision.com/wyld-networks/r/wyld-networks-and-miromico-form-partnership-for-delivering-satellite-connected-iot-solutions,c3628569

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