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NextPlat's Global Telesat Expands 5G and Artificial Intelligence-Powered Internet of Things (IoT) Offerings Through New Distribution Agreement with Telit Cinterion
Prnewswire· 2025-12-16 13:01
Core Insights - NextPlat Corp's subsidiary, Global Telesat Communications Ltd (GTC), has expanded its IoT product portfolio through a partnership with Telit Cinterion, enhancing its offerings in advanced AI-powered 5G and edge computing solutions for the industrial and enterprise IoT markets [1][2] Company Overview - NextPlat is a global consumer products and services company that provides healthcare and technology solutions through e-commerce and retail channels [6] - GTC is one of Europe's largest satellite-enabled connectivity providers, offering voice, data, tracking, and IoT products and services in over 150 countries [2] Industry Context - The global IoT market is currently valued at approximately USD 1.18 trillion and is projected to grow to about USD 2.65 trillion by 2030, representing a compound annual growth rate (CAGR) of about 11.4% [2] - The partnership with Telit Cinterion allows GTC to add advanced 5G connectivity to its existing suite, targeting fast-growing sectors such as manufacturing, agriculture, transport and logistics, and energy [2][3] Partnership Benefits - The collaboration with Telit Cinterion aims to provide seamless, prepaid connectivity solutions, addressing challenges like fragmented networks and unpredictable service quality [4] - This partnership is expected to simplify connectivity management for enterprises, reduce operational risks, and accelerate time-to-market for connected solutions across various industries [4]
Unboxing Motorola’s Newest Most Affordable Phone: The $180 Moto G Play (2026)
CNET· 2025-11-14 12:21
Product Specifications & Pricing - Motorola's Moto G Play (2026) is priced at $180, which is $20 cheaper than the latest Moto G [1] - The Moto G Play (2026) features 5G connectivity and NFC for wireless payments [1] - The device uses a MediaTek Dimensity 6300 processor and has a 5,200-mAh battery [1]
These Analysts Cut Their Forecasts On Lantronix Following Q3 Results
Benzinga· 2025-05-12 15:51
Lantronix, Inc. LTRX reported in-line earnings for the third quarter, after the closing bell on Thursday.The company posted quarterly earnings of 3 cents per share which met the analyst consensus estimate. The company reported quarterly sales of $28.50 million which missed the analyst consensus estimate of $29.12 million.“We’re positioning Lantronix to lead the next wave of industrial and enterprise transformation at the edge,” said Saleel Awsare, president and CEO of Lantronix. “This quarter reflects conti ...