Wyld Networks AB (publ)
WYLDF
Other OTC0.16
USD
+0.14
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Wyld Networks AB (publ)
WYLDF
(Other OTC)
Recent
price
0.16
P/E
ratio
- -
div
yld
- -
ROIC.AI
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in mil. unless spec.- Similar Companies
- Business
- Wyld Networks AB (publ) is a Sweden-based virtual satellite network operator that develops and delivers innovative wireless technology solutions to provide affordable connectivity for Internet of Things (IoT) devices and sensors globally, especially targeting the approximately 85 percent of the world's surface lacking cellular networks. The company’s core products include Wyld Connect, a hybrid satellite and terrestrial IoT connectivity solution, and Wyld Fusion, a cloud-based platform for managing IoT networks and data billing. These products enable data transmission and collection via satellite and terrestrial networks, supporting industries such as agriculture, energy, utilities, logistics, maritime, and environmental monitoring. Founded in 2021 and headquartered in Malmö, Sweden, Wyld Networks operates globally, with significant deployments in South America, Australia, and Africa. Recent major developments include a rights issue completed in October 2024 that rendered the company debt-free and well-capitalized to accelerate product delivery and business growth. Wyld Networks has undertaken an organizational restructure with a new strategic focus on product delivery and growth, including cost-cutting measures leading to a 40% reduction in personnel costs by late 2024. In 2025, it raised a SEK 6.7 million loan facility to support ongoing commercial expansion and has secured a framework agreement with RV Agro in Brazil for 3,000 units valued at SEK 64 million, with deliveries expected to commence in the first quarter of 2026. Additionally, the company executed a 1:500 reverse share split in December 2025 to consolidate shares and enhance market liquidity. Wyld also launched the Wyld Connect terminal with enhanced LoRaWAN capability in the S-band, significantly increasing bandwidth and addressing new customer segments. Wyld Networks targets corporate customers across diverse sectors requiring reliable global IoT connectivity, leveraging proprietary network applications and value-added services. Its recent strategic moves have strengthened its financial and operational position, enabling it to scale manufacturing and shipment of connectivity terminals, expand partnerships, and broaden its geographic footprint, affirming its role as a leading provider of satellite-based IoT connectivity solutions worldwide.