ETFOptimize | High-performance ETF-based Investment Strategies

Quantitative strategies, Wall Street-caliber research, and insightful market analysis since 1998.


ETFOptimize | HOME
Close Window

Globalstar Signs Commercial Agreement with Wiagro to Supply IoT Transmitters for Agtech Applications

Globalstar, Inc. (NYSE American: GSAT) today announced a commercial agreement with Wiagro, an Agtech start-up from Argentina. Globalstar is supplying Wiagro with 2,500 ST100 satellite modem transmitters for their Smart Silobag®, which allows for the remote monitoring of grain conditions stored in silo bags. The partnership is effective immediately with completion of deployment anticipated through the end of 2024.

The Smart Silobag is utilized during the post-harvest process to increase efficiency during storage and transport. The IoT solution developed by Wiagro can collect information on the temperature, humidity, CO2 levels, and detects rips caused by animals or acts of vandalism, in addition to real-time geolocation. The Globalstar ST100 satellite modem was selected due to its reduced size, low consumption, reliable service, and affordable price.

Juan Porras, Globalstar Latin America General Manager, stated, “Agriculture is quickly adopting IoT technology in Latin America and Globalstar is well equipped to provide developer solutions that enable reliable satellite connectivity for tracking and monitoring. We have already established a presence in Brazil, and we are now expanding into Argentina with our partner, Wiagro.”

“Through the implementation of satellite technology, we’ve delivered optimization of field operations through the real-time monitoring of crops. Our innovation has supported producers, collectors, and transporters in reducing the margin of error by providing precise visibility on the status of each batch. Through increased visibility, we can guarantee our customers that the quality and quantity of the harvest is not compromised during the process,” said Ariel Ismirlian, founding partner of Wiagro.

About Globalstar, Inc.

Globalstar empowers its customers to connect, transmit and communicate in smarter ways – easily, quickly, securely, and affordably – offering reliable satellite and terrestrial connectivity services as an international telecom infrastructure provider. The Company’s LEO satellite constellation assures secure data transmission for connecting and protecting assets, delivering key operational data, and saving lives – from any location – for consumers, businesses, and government agencies across the globe. Globalstar’s terrestrial spectrum, Band 53/n53, offers carriers, cable companies, and system integrators a versatile, fully licensed channel with a growing ecosystem to improve customer wireless connectivity. In addition to SPOT GPS messengers, Globalstar offers next-generation IoT hardware and software products for efficiently tracking and monitoring assets, processing smart data at the edge, and managing analytics with cloud-based telematics solutions to drive safety, productivity, and profitability.

About Wiagro

WIAGRO’s scope is to create a worldwide post-harvest digital platform, where the agricultural farmer can access not only the conservation parameters of the stored grains to determine their status and avoid unnecessary losses, but also access to other players such as warrant logistic or transport companies, part of the value chain with digitized data allowing the reduction of operating costs.

Contacts

Data & News supplied by www.cloudquote.io
Stock quotes supplied by Barchart
Quotes delayed at least 20 minutes.
By accessing this page, you agree to the following
Privacy Policy and Terms and Conditions.


 

IntelligentValue Home
Close Window

DISCLAIMER

All content herein is issued solely for informational purposes and is not to be construed as an offer to sell or the solicitation of an offer to buy, nor should it be interpreted as a recommendation to buy, hold or sell (short or otherwise) any security.  All opinions, analyses, and information included herein are based on sources believed to be reliable, but no representation or warranty of any kind, expressed or implied, is made including but not limited to any representation or warranty concerning accuracy, completeness, correctness, timeliness or appropriateness. We undertake no obligation to update such opinions, analysis or information. You should independently verify all information contained on this website. Some information is based on analysis of past performance or hypothetical performance results, which have inherent limitations. We make no representation that any particular equity or strategy will or is likely to achieve profits or losses similar to those shown. Shareholders, employees, writers, contractors, and affiliates associated with ETFOptimize.com may have ownership positions in the securities that are mentioned. If you are not sure if ETFs, algorithmic investing, or a particular investment is right for you, you are urged to consult with a Registered Investment Advisor (RIA). Neither this website nor anyone associated with producing its content are Registered Investment Advisors, and no attempt is made herein to substitute for personalized, professional investment advice. Neither ETFOptimize.com, Global Alpha Investments, Inc., nor its employees, service providers, associates, or affiliates are responsible for any investment losses you may incur as a result of using the information provided herein. Remember that past investment returns may not be indicative of future returns.

Copyright © 1998-2017 ETFOptimize.com, a publication of Optimized Investments, Inc. All rights reserved.