Option N.V.

Option N.V.

OONVF
Option N.V.US flagOther OTC
0.01
USD
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Capital Structure

FRC

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Working Capital

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Growth Rates

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Quarterly Revenue

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Quarterly Earnings Per Share

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Quarterly Dividends Per Share

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Company Description

APIChatGPT
Sector
Technology
Industry
Communication Equipment
Address
Business
Option N.V. (OONVF) specializes in wireless IoT solutions enabling machine-to-machine communication through its CloudGate platform of smart edge gateways; these gateways provide connectivity, security, and processing power for applications including smart building, smart metering, smart energy, security, monitoring, tracking, and surveillance. The company offers CloudGate LTE and Ethernet models with front expansion cards supporting LoRaWAN, M-Bus, Modbus TCP/RTU, RS232, GPIO, I2C, USB, DSMR/P1, and optional BACnet, Zigbee, or WiFi, enabling aggregation of sensor data to cloud environments via protocols like MODBUS or BACnet; it also provides engineering consultancy services, LoRa-based sensor connectivity without external servers, Microsoft Azure IoT certification, and LoRa Basics Station for large-scale network management. Founded over 25 years ago and headquartered in Leuven, Belgium, Option N.V. operates globally, partnering with system integrators, value-added resellers, application providers, distributors, and network operators to deliver tailor-made solutions across industries. Recent developments include a 2021 strategic channel partnership with Actility for high-end LoRaWAN IoT solutions integrating CloudGate gateways with ThingPark Enterprise; integration of Remoticom BV's IoT sensors for smart lighting, city, and industry applications using NB-IoT/LTE-M with plans for non-cellular and 5G expansions as part of Crescent NV's IoT division; and entry into the charging station market via E+ Drive offering "Charging Station as a Service" with integrated Option and Remoticom sensors. Option N.V. functions as a key entity within Crescent NV, with additional focus on RF antenna design, private 5G networks, and consolidated IoT operations through engineering services.