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Press release

Wyld Networks: Wyld Network's satellite IoT partners announce successful launches of additional LEO satellites on Elon Musk's Space-X Transporter 7 rocket

Wyld Networks

Eutelsat, Lacuna Space and DEWA increase connectivity capacity for LoRaWAN satellite IoT.

Wyld is thrilled to announce our satellite partners' successful launch of new Low Earth Orbit (LEO) satellites supporting LoRaWAN for the Internet of Things. The satellites were launched on the Space-X Transporter-7 Falcon 9 rocket from Vandenberg Space Launch Complex in California on April 15th 2023.  

Lacuna Space have increased their constellation from six to seven satellites. Eutelsat have now launched four satellites, ELO1,2,3 and 4. DEWA now have two LEO satellites in orbit. As capacity builds up, service for end users becomes more robust with enhanced data collection and analytics, enabling transformative services for a variety of industries including energy, utilities, agriculture, environmental monitoring, and logistics.

"Satellite IoT capacity is growing rapidly to meet the expanding need for data from businesses in the 85% of the globe currently without cellular connectivity," said Alastair Williamson, CEO of Wyld Networks. "We are delighted to see our partners deliver new capacity to meet this challenge which will lead to increased orders of Wyld Connect and the Wyld Data service."

For further information, please contact:

Alastair Williamson, CEO Wyld Networks
E-mail: alastair.williamson@wyldnetworks.com 
Tel: +44 7 824 997689

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

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