In the beginning of February, Wyld has received a commercial operating license from the Brazilian communication authority ANATEL. The license includes both satellite- and land based IoT data services in Brazil. Wyld has several customers in Brazil which includes Priner Group, OlhoSoLo, Embrapa and Geoapsis. Priner Group is a Brazilian industrial conglomerate within the petrol- and chemistry sector as well as within industrial services. The company uses Wyld's satellite tracker products for location of their containers on land and at sea. OlhoSoLo collects data through their soil moisture sensors to optimize their smart irrigation systems. Embrapa is a Brazilian state-owned enterprise which uses Wylds IoT technology to collect weather and soil moisture data. Geoapis provide software solutions to honey producers and provide their customers with Wylds IoT service to collect data. Brazil has a large agricultural sector compromising 26 percent of the country's GDP, which is a sector well suited for Wyld products and services.
Wyld has delivered smaller quantities of product during the later part of 2024 to Peru, Brazil, Australia, South Africa, Germany, Italy, France and Great Britain. With the ramp up of production we can expect to see an increase in revenue moving forward from both hardware sales and data. Mangold view this as a significant step in the right direction to becoming a commercially viable company.
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