Wyld Networks
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.
- Company typePublic
- Founded2016
- HeadquartersCambridge, United Kingdom
- Headcount11–50
- GTM typeB2B
- OfferingHardware or Manufacturing
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.
Wyld Networks firmographics
Firmographics- 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
Wyld Networks industry classification
Industry- 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
Where Wyld Networks is headquartered
LocationHeadquarters
- HQ city
- Cambridge
- HQ country
- United Kingdom
- HQ region
- Europe
Offices1 record
Markets served
Wyld Networks business model
Business model- GTM type
- B2B
- Offering type
- Hardware or Manufacturing
- Cost components
- Technology or R&D, Supply Chain, Personnel, Operations, Marketing or Sales
Revenue model
- 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.
- 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
| Model | Billing | Price |
|---|---|---|
| Other | Multi-year contract | Enterprise satellite IoT solutions - quote-based pricing |
Go-to-market motion2 records
Distribution channels1 record
Marketing channels2 records
Wyld Networks product offering
Product offeringCore 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.
Companies that use Wyld Networks
Customer profileNamed customers3 records
Segments3 records
Ideal customer profiles2 records
Wyld Networks technology and API
TechnologyTechnology focussed Yes
API detail
- Has API
- No
- API docs
- API detail
Core technology
AI maturity
App detail
Feature2 records
Wyld Networks partnerships and signals
Strategic signalPartnerships
Two partnerships are on record, tiered core.
- OKT Technology ABcoreShareholders 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 AgrocoreTechnical 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
Wyld Networks competitors and assessment
Company assessmentDirect 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
Wyld Networks social profiles
Digital presenceWyld Networks financial estimates
Financial estimateRevenue estimate
Valuation estimate
Wyld Networks leadership team
Management profileNumber of profiles
Profiles4 records
Wyld Networks subsidiaries and ownership
Company hierarchySubsidiaries1 record
Wyld Networks funding detail
Funding detailFunding overview
Funding rounds12 records
Investors5 records
Funding detail is available on the Subscription and Enterprise plan.Contact sales →
Wyld Networks M&A and investment
M&A and investmentM&A1 record
Investments
M&A and investment is available on the Subscription and Enterprise plan.Contact sales →
Frequently asked questions about Wyld Networks
What does Wyld Networks do?
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.
Is Wyld Networks a public or private company?
Wyld Networks is a public company. It is classified as public and is currently operating.
When was Wyld Networks founded?
Wyld Networks was founded in 2016. It employs 11 to 50 people.
Where is Wyld Networks based?
Wyld Networks is headquartered in Cambridge, United Kingdom, in the Europe region.
How does Wyld Networks make money?
Two revenue lines are on record. Satellite IoT Hardware Sales are the primary driver. The others are recurring Satellite Connectivity Services.
Who are Wyld Networks's main competitors?
Direct peers on record are OQ Technology, Kineis, Swarm Technologies (SpaceX), Sateliot, Myriota and Astrocast. Broad incumbents are Iridium Communications and Inmarsat (Viasat). Kepler Communications is listed as an emerging player. Sigfox is listed as an others.
Does Wyld Networks have an API?
No public API is recorded for Wyld Networks.
What industry is Wyld Networks in?
Wyld Networks's product category is Satellite IoT Connectivity Hardware. Its primary akta.pro industry code is HDAFACAJ, Wi‑Fi Backhaul & Point‑to‑Point/Point‑to‑Multipoint (Unlicensed/Microwave), with a secondary code of TLAEALAA, Temperature data loggers & probes (in-transit and storage). Its NAICS code is 5174 and its SIC code is 3663.