Wyld Networks - Foundations in place for commercialisation - Mangold Insight Analysis
The virtual satellite network operator IoT Wyld Networks ended 2021 strongly with several new collaboration agreements. Wyld reported higher income than estimated for 2021, and is well on its way to reaching the sales estimate for 2022. The company received orders of MSEK 17,0 and MSEK 11,3 (excluding data revenue) in the agricultural and forestry sectors. Mangold asses that the orders will generate 40 percent of the sales estimate for 2022 and shows Wyld's ability to generate high sales growth going forward. Together with Eutelsat, Senet and TrakAssure, Wyld has formed a consortium