- Business
- Wyld Networks AB (publ), alongside its various operating units, functions as a virtual satellite network provider, specializing in the development and deployment of wireless technology solutions globally. The company offers core products such as Wyld Connect and Wyld Fusion, which collectively deliver comprehensive hybrid satellite and terrestrial Internet of Things connectivity capabilities, empowering clients to efficiently gather data from remote assets. These solutions are specifically engineered to enable seamless terrestrial and satellite communication for a wide array of IoT devices and sensors, particularly across the 85% of the Earth's surface lacking traditional cellular coverage. Furthermore, the company develops mesh networks, leveraging location-aware technology to facilitate wireless device interconnectivity, thereby enhancing overall user experience. Recent developments include securing significant purchase orders, including with the UK Government's DSTL organisation and within the Brazilian agricultural sector, as well as forging strategic alliances, such as a partnership with Echostar Mobile to broaden market reach. Wyld Networks AB (publ) was established in 2021, with its registered office situated in Malmö, Sweden, while its primary operating subsidiary is located in Cambridge, UK.