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
X
LinkedIn

More articles like this

Tern plc

Tern advancing innovation in IoT and AI

Tern drives innovation in IoT and AI sectors through strategic investments and collaborations, showcasing its strong momentum in disruptive technologies.

Tern plc

Transforming healthcare marketing with AI solutions

Understanding the preferences, trends, and experiences of both patients and healthcare professionals (HCPs) is key to developing effective healthcare marketing strategies. However, the challenge of managing unstructured data remains significant, especially with the reliance on traditional

Tern plc

Tern to host online presentation and Q&A for IoT investors

Tern Plc (LON:TERN), the investment company specialising in supporting high growth, early-stage, disruptive Internet of Things technology businesses, has announced that the Company will be hosting an online presentation and Q&A session at 5.30 p.m. GMT on Thursday 9

Tern plc

Tern raises £400,000 through AIM placing for IoT investments

Tern Plc (LON:TERN), the investment company specialising in supporting high growth, early-stage, disruptive Internet of Things technology businesses, has announced that it has raised £400,000, before expenses, through a placing of 30,769,231 new ordinary shares of 0.02p each

Tern plc

Cybersecurity in connected vehicles

The automotive industry is undergoing a digital transformation, facing new cybersecurity challenges as vehicles become more connected.

Tern plc

Securing the future of IoT with proactive measures

Trend Micro’s latest report on the Water Barghest threat actor reveals a significant challenge in the IoT ecosystem: the widespread lack of security in many connected devices. This incident, involving the rapid compromise of over 20,000

Tern plc

Unlocking healthcare marketing success with AI insights

Reaching the right audience in today’s healthcare sector is more important than ever, yet traditional methods often fail to provide the depth of understanding required for impactful messaging. AI tools are changing this dynamic, with 79%

Tern plc

Maximising ROI in healthcare marketing with advanced AI solutions

In healthcare marketing, reaching the right audience—whether patients or healthcare providers (HCPs)—is more important than ever. Traditional marketing methods often fail to deliver the nuanced insights necessary for effective messaging. This is where artificial intelligence (AI)

Tern plc

AI in healthcare and the importance of ethical governance

Artificial intelligence is quickly transforming industries, bringing innovation and reshaping business practices. However, with its rapid growth comes a need for responsible oversight to ensure AI is used ethically and responsibly. AI’s adoption poses distinct challenges