Strategic partnership to drive satellite IoT market announced between Wyld Networks & Miromico
31 August 2022
Satellite IoT specialist, Wyld Networks has signed a strategic partnership with Swiss-based IoT technology firm, Miromico AG. As part of the agreement, Miromico will help Wyld with design, engineering & manufacture of its next generation of low-power, sensor-to-satellite LoRaWAN® terminals & modules for IoT (internet of things) applications across areas where there is little or no alternative connectivity.
Wyld Connect hybrid devices can transfer data directly to terrestrial networks or through a network of Low Earth Orbiting (LEO) satellites. Miromico will also resell Wyld Connect devices and satellite services. Providing 100% global coverage using terrestrial or satellite LoRaWAN connectivity, Wyld solutions are ideal for applications in remote areas such as agriculture, environmental monitoring, energy, supply chain and utilities.
As part of the agreement, Wyld will promote and resell Miromico sensors globally, and integrate them in complete end-to-end, sensor-to-satellite solutions. “With years of experience in innovative design for integrated circuits, electronic systems and the IoT, Miromico is the ideal partner to help us accelerate our R&D and production activities to meet the growing demand for advanced satellite IoT solutions,” said Alastair Williamson, CEO at Wyld Networks. “There is a lot of synergy between the two companies that will help us to drive further market adoption and explore new applications.”
“Wyld is at the forefront of new sensor-to-satellite technology, which is set to massively transform the IoT market, currently being held back by the lack of global connectivity,” said Marcel Wappler, CTO at Miromico. “We look forward to working with Wyld to further advance its products, help accelerate production and take them to existing and new markets,” added Schekeb Fateh, CEO of Miromico.
Wyld is already working on commercial data trials of its sensor-to-satellite service with customers and partners including Chevron, DFM Technologies, DEWA, Senet and American Tower.
About Miromico AG
Miromico is a Swiss-based group of innovative, cutting-edge technology R&D (research & development) teams, product vendors and solution providers, focusing on the areas of high-speed analogue and mixed-signal ASIC (application-specific integrated circuit) design; the design, production and global logistics of OEM/ODM (original equipment manufacturer/original design manufacturer) and white-labelled embedded systems; wireless communication, M2M (machine-to-machine) and Internet of Things products, systems and solutions; and manufacturing and logistics as a service and end-to-end software solutions. For more information, visit: www.miromico.ch
About Wyld Networks AB
Wyld Networks develops and sells innovative wireless technology solutions that enable affordable connectivity anywhere in the world, addressing problems for businesses and people regarding the lack of global mobile network coverage. The solutions target wireless connectivity for the Internet of Things (IoT). Wyld Networks was formed in Cambridge, UK and is a wholly owned subsidiary of Wyld Networks AB. The Wyld Networks share (WYLD) is traded on the Nasdaq First North Growth Market. For more information, visit: www.wyldnetworks.com
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