Wyld Networks

What Wyld Networks does

Wyld Networks AB (publ) is a Swedish public company listed on Nasdaq First North under the ticker WYLD, headquartered in Stockholm, that develops L-Band satellite IoT connectivity solutions for enterprises operating in locations beyond terrestrial network coverage. Its product portfolio centres on the Wyld Connect Modules (satellite-connected IoT modules for global wide-area connectivity) and the WT432s integrated modem-plus-terminal device, together with a Peru-approved L-Band satellite IoT service offering. The company's technology targets remote monitoring, asset tracking, agricultural sensor networks, and industrial IoT applications where cellular infrastructure is unavailable or unreliable.

The company operates a direct enterprise sales model selling custom hardware contracts to large agricultural and industrial clients, supplemented by a developing recurring connectivity services revenue stream. Named customers include Corteva Agriscience (18-unit field test in Brazil from March 2026), RV Agro (SEK 64 million contract for 3,000 units in Brazil, shipments scheduled Q1 2026), and Dataflowlab.io. Pricing is quote-based on multi-year enterprise contracts, with no public list pricing disclosed. Distribution is direct, with field sales targeting agriculture, industrial, and defense/security verticals.

As of FY2025, Wyld Networks was effectively pre-revenue with zero net sales (versus SEK 386 thousand in FY2024), an operating loss of SEK -26,761 thousand, and 40% lower operating expenses than the prior year. The company has raised capital through warrant exercises (SEK 19.4 million via TO2 in December 2022; SEK 6.4 million via TO4 in May 2024) and shareholder loan facilities (SEK 4.3 million from Olsen Fond & Försäkring in December 2024; SEK 6.7 million from major shareholders in November 2025), and has proposed a SEK 16.2 million rights issue alongside a SEK 7.5 million non-cash acquisition of OKT Technology AB. Corporate restructuring has been significant in 2026, including a 500:1 reverse share split, CEO transition from Alastair Williamson to Kjell Olovsson (effective January 2026), Chairman Mats Andersson's resignation in March 2026 leaving the board below its minimum size, salary reductions, and reduced workdays as part of an active strategic review that includes exploring a potential business combination.

Name

Wyld Networks

Legal name

Wyld Networks AB (publ)

Website

https://wyldnetworks.com

Company type

Public

Founded year

2016

Operating status

Operating

Headcount range

11–50 employees

Short description

Wyld Networks AB is a Swedish satellite IoT company providing L-Band connectivity hardware and modules for remote enterprise applications in agriculture, industry, and defense, currently pre-revenue and pursuing Latin American commercialisation with anchor contracts in Brazil and Peru.

Ownership category

akta.pro rank

Product category

Satellite IoT Connectivity Hardware

NAICS

Satellite Telecommunications (5174)

SIC

Radio & Tv Broadcasting & Communications Equipment (3663)

akta.pro primary industry

Wi‑Fi Backhaul & Point‑to‑Point/Point‑to‑Multipoint (Unlicensed/Microwave) (HDAFACAJ)

akta.pro secondary industry

Temperature data loggers & probes (in-transit and storage) (TLAEALAA)

Keywords

• Satellite IoT connectivity
• L-Band satellite modules
• IoT terminal hardware
• Remote asset tracking
• Agricultural IoT sensors

Headquarters

HQ city

Cambridge

HQ country

United Kingdom

HQ region

Europe

Offices1 record

Markets served

GTM type

B2B

Offering type

Hardware or Manufacturing

Cost components

Technology or R&D, Supply Chain, Personnel, Operations, Marketing or Sales

Revenue model

1. Satellite IoT Hardware Sales: Wyld Networks generates revenue primarily through the sale of satellite-connected IoT hardware including Wyld Connect Modules and WT432s terminal devices. The company is ramping up production capacity to fulfill contracts including a SEK 64 million contract for 3,000 units with RV Agro in Brazil.
2. Recurring Satellite Connectivity Services: The company is developing recurring revenue streams from satellite IoT connectivity services, with plans to grow this stream alongside hardware sales. The company delivered satellite terminals to customers and obtained regulatory approval in Peru enabling commercial satellite IoT services.

Pricing tiers

Go-to-market motion2 records

Distribution channels1 record

Marketing channels2 records

Core offering

Wyld Networks provides L-Band satellite IoT connectivity solutions that enable global IoT coverage for devices in remote areas without terrestrial network coverage. The company sells proprietary hardware including Wyld Connect Modules and WT432s Modem + Terminal devices, and is building recurring satellite connectivity services for enterprise customers in agriculture, industrial, and defense sectors.

Product overview

Wyld Networks is a Swedish satellite IoT company offering a focused portfolio of satellite-connected products and services. The core offering consists of Wyld Connect Modules (satellite-connected IoT modules), WT432s Modem + Terminal devices, and an L-Band satellite IoT solution. These products work together to provide global wide-area IoT connectivity for agricultural, industrial, and other remote applications. The company is transitioning toward satellite-based solutions and has secured regulatory approval in Peru for commercial operations.

Differentiator

Problem solved

Functional benefit

Brands

• Wyld Connect Modules: Satellite-connected IoT modules for production ramping

Products and services

• Wyld Connect Modules Satellite-connected IoT modules that enable wide-area connectivity for IoT devices globally, supporting operations in remote areas without terrestrial network coverage. Sold to enterprise customers for production deployment and recurring connectivity services.
• WT432s Modem + Terminal Satellite terminal device that combines modem and terminal functionality for IoT connectivity applications in agriculture and industrial settings. Deployed for field testing by enterprise customers such as Corteva Agriscience in Brazil.
• L-Band Satellite IoT Connectivity Service L-Band satellite-based IoT connectivity service that delivers global IoT coverage for devices in remote areas without terrestrial network coverage. Designed for agricultural, industrial, and defense enterprise customers needing real-time data transmission from distributed assets.

Named customers3 records

Segments3 records

Ideal customer profiles2 records

Technology focussed Yes

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Feature2 records

Partnerships

Two partnerships are on record, tiered core.

• OKT Technology ABcoreStrategic or Co-development Partner · 1 April 2026Shareholders propose acquisition of OKT Technology AB for SEK 7.5 million to be paid through a non-cash issue of shares. This acquisition supports Wyld Networks' strategic shift towards satellite-based solutions and will be decided at an extraordinary general meeting.
• RV AgrocoreStrategic or Co-development PartnerTechnical integration with RV Agro in Brazil completed for a contract involving 3,000 units valued at SEK 64 million, with shipments expected in Q1 2026. Wyld Networks integrated its technology with RV Agro's systems for large-scale IoT deployment.

Scale indicators9 records

Recent moves7 records

Expansion highlights6 records

Direct peers

• OQ Technology: Luxembourg-based 5G satellite IoT operator using LEO satellites to provide global narrowband IoT coverage for machine-to-machine communications. Directly comparable as a satellite IoT connectivity provider targeting industrial, agricultural, and logistics use cases similar to Wyld's.
• Kineis: French satellite IoT operator spun out from CLS/Argos, providing low-data-rate IoT connectivity via nanosatellites for maritime, agriculture, and environmental monitoring. Comparable to Wyld on business model (satellite IoT connectivity + hardware) and target verticals.
• Swarm Technologies (SpaceX): US-based low-earth-orbit satellite IoT company acquired by SpaceX, providing low-cost two-way connectivity for IoT devices globally. Comparable to Wyld on satellite IoT offering, though backed by significantly larger parent (SpaceX) and more advanced constellation deployment.
• Sateliot: Spanish satellite IoT company providing 5G NB-IoT connectivity via a LEO satellite constellation, focused on extending cellular IoT coverage to remote areas. Directly comparable to Wyld on the satellite IoT value proposition and target verticals (agriculture, logistics, asset tracking).
• Myriota: Australian satellite IoT company providing low-power direct-to-satellite connectivity for agriculture, logistics, defense, and environmental monitoring. Highly comparable to Wyld Networks in technology (low-power satellite IoT modules) and target customer profile (enterprises with remote assets).
• Astrocast: Swiss satellite IoT operator offering low-power L-band/S-band IoT connectivity for remote asset tracking across agriculture, maritime, logistics, and industrial sectors. Most direct comparable to Wyld Networks in terms of target use cases (agriculture, asset tracking) and technology approach (small satellites for low-data-rate IoT).

Broad incumbents

• Iridium Communications: US-listed operator of a L-band satellite constellation providing voice and data communications globally, with a growing IoT focus via Iridium Edge and Certus products. Comparable to Wyld on satellite IoT use cases (asset tracking, agriculture, industrial) but vastly larger and more established.
• Inmarsat (Viasat): Established UK-based satellite communications company (now part of Viasat) offering L-band connectivity for maritime, aviation, government, and enterprise IoT applications. Overlaps with Wyld on satellite IoT/agriculture verticals but operates at much larger scale across multiple spectrum bands.

Emerging players

• Kepler Communications: Canadian satellite company operating a LEO constellation for both data connectivity and IoT applications, with growing focus on store-and-forward IoT services. Comparable to Wyld on satellite IoT niche, though broader in scope (includes broader data relay).

Others

• Sigfox: French low-power wide-area network (LPWAN) operator providing terrestrial IoT connectivity for asset tracking and sensor applications. Not a direct satellite competitor, but competes for the same low-power IoT connectivity use cases where terrestrial coverage is sufficient; relevant as an alternative technology path.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat3 records

Key risks7 records

Key highlights6 records

Customer concentration

• Xx.com/WyldNetworks
• Facebookfacebook.com/wyldnetworks
• LinkedInlinkedin.com/company/wyld-networks

Revenue estimate

Valuation estimate

Number of profiles

Profiles4 records

Subsidiaries1 record

Funding overview

Funding rounds12 records

Investors5 records

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A1 record

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Wyld Networks