Tern’s portfolio company Wyld Networks signs contract with Bayer Crop Science

Tern Plc (LON:TERN), the investment company specialising in the Internet of Things, has noted that its portfolio company Wyld Networks AB has announced that it has signed a contract with Bayer Crop Science, a world leader in agriculture and part of the multinational Bayer Corporation.  Bayer has placed an initial purchase order worth SEK 320,000 (approximately £27,000) with Wyld Networks to develop a satellite IoT terminal and sensor to collect data from beehives.

Commenting Al Sisto, CEO of Tern, said:

“This is an important engagement for Wyld and we are very pleased that they are now working to develop a satellite IoT platform with Bayer. As Wyld’s CEO Alastair Williamson has pointed out, there is a substantial and growing market for affordable satellite IoT connectivity in multiple markets from agriculture, utilities, maritime and the environment and we look forward to Wyld’s continued progress”.

Click to view all articles for the EPIC:
Or click to view the full company profile:
    Facebook
    Twitter
    LinkedIn

    More articles like this

    Tern plc

    Importance of AI in mental health treatment

    As Mental Health Awareness Month in May highlighted, it is important to acknowledge the significant number of individuals worldwide who are affected by mental illness. In the United States approximately 1 in 5 adults live with

    Tern plc

    Factors driving growth of the Internet of Things

    What are the factors that are driving the growth of the Internet of Things? Some are consumer-driven pull factors. Others are industry driven push-factors as businesses develop new solutions that leverage IoT capabilities. Legislation and other technological

    Tern plc

    FundamentalVR wins BOLD Awards for EdTech and Metaverse innovations

    FundamentalVR, a global leader in immersive surgical training, is proud to announce that it has been awarded two BOLD Awards for ‘Boldest EdTech’ and ‘Boldest Metaverse.’ These distinguished accolades honor FundamentalVR’s commitment to innovate surgical training methods globally,

    Tern plc

    How leading industry sectors use IoT for competitive edge

    The Internet of Things (IoT) offers potential to change the way we live and work. Smart, connected devices can collect and/or share information in a myriad of ways, offering almost unlimited opportunities to create new and innovative

    Tern plc

    Orbis and FundamentalVR launch VR training for cataract surgery

    Orbis International and FundamentalVR have launched a new immersive virtual reality (VR) training solution intentionally designed for use in low- and middle-income countries, at the American Society of Cataract and Refractive Surgery (ASCRS) Annual Meeting. The tool is built

    Tern plc

    Global collaboration unites Device Authority teams

    In a testament to the power of global collaboration, Device Authority recently witnessed the convergence of its US and UK teams in two distinct yet complementary gatherings. Amy Chu, VP Customer Success, chronicles the enriching experiences

    Tern plc

    Tern investor presentation highlights Strong Commercial Growth

    Tern hosted an investor presentation and Q&A session on 26 March. Each of the four presentations from the portfolio companies highlighted increased commercial traction, with configuration work turning to repeat licencing through the SaaS models, a

    Tern plc

    Addressing security vulnerabilities in IoT ecosystems

    Security issues in IoT are a pressing concern as the number of connected devices skyrockets. What vulnerabilities are these devices exposed to, and what can be done to secure them against escalating cyber threats? This article

    Tern plc

    FundamentalVR welcomes Carlos de Torres Gimeno to the Board

    Global leader in immersive surgical training FundamentalVR has announced the appointment of Carlos de Torres Gimeno to its board of directors. With an impressive background in global technology leadership, De Torres brings a wealth of experience and strategic