# Tern plc’s Wyld Networks receives purchase order from Brazilian company worth c. £900,000

- Link: https://www.directorstalkinterviews.com/tern-plc%e2%80%99s-wyld-networks-receives-purchase-order-from-brazilian-company-worth-c.900000/4121057975
- Published: 2022-03-23T07:32:10+00:00
- Author: Giles

**[Tern Plc](https://www.directorstalkinterviews.com/company/tern-plc/tern.l) **(
[LON:TERN](https://www.directorstalkinterviews.com/company/tern-plc/tern.l)), the
company focused on value creation from Internet of Things technology businesses,
has noted that Wyld Networks AB has announced that it has received a purchase order
for its Wyld Connect IoT module from a Brazilian company for deployment in the forestry
sector.  The purchase order has a total value of SEK 11.3 million (approximately
£900,000) over a three-year period, starting in 2022.   Tern holds 58.7% of Wyld
Networks’ issued share capital, which is quoted on the Nasdaq First North Growth
Market in Stockholm.

The Wyld Connect solution being supplied will allow Wyld’s new customer to deploy
IoT sensors in the forestry market to collect data from hard-to-reach areas directly
from satellites.

Wyld’s sensor-to-satellite module suite with LoRaWAN®* allows IoT sensors to communicate
directly from sensor to Low Earth Orbit satellites or in conjunction with terrestrial
LoRa networks. Wyld’s modems, devices, and embedded technology are designed to enable
communication with the cloud, no matter the location, providing global IoT coverage.

> **Commenting, Alastair Williamson, CEO of Wyld Networks said: **“We are pleased
> to announce the receipt of this purchase order. The order is for the Wyld Connect
> IoT module and does not yet include the monthly service fee due at the service
> launch later this year. This order is in addition to the recently secured SEK 
> 17 million orders that we announced on 10 March 2022, providing a total order 
> book value of SEK 28.3 million generated in March this year.
> “We continue to pilot the solution and engage with customers to secure orders 
> for the Wyld Connect products ahead of the commercial launch of the full service
> later this year.”

*The LoRaWAN® specification, developed and maintained by the LoRa Alliance®, is 
a Low Power, Wide Area networking protocol designed to wirelessly connect battery
operated ‘things’ to the internet in regional, national or global networks, and 
targets key IoT requirements such as bi-directional communication, end-to-end security,
mobility and localization services.

_Tern plc (LON:TERN) backs companies with proven technology, based in the UK but
with global ambition._

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