LoneStar Tracking has announced the acquisition of Nova Labs’ 1663, a key provider of bespoke IoT solutions developed on the Helium Network, one of the world’s largest decentralised wireless network.
This acquisition follows a period of robust growth for both companies, with 1663 expanding its ecosystem to over 80 partners across sectors such as asset tracking, cold chain monitoring, and smart agriculture. As LoneStar broadens its market presence and customer base within industrial IoT applications, its extensive expertise in large-scale enterprise IoT positions it as the ideal solutions provider to further the progress made by 1663.
“We are always in pursuit of technological innovations that ensure best in class industrial asset tracking for our clients,” said Thomas Remmert, CTO and Co-Founder of LoneStar Tracking. “Our acquisition of 1663 presents a unique opportunity to enhance and expand IoT use cases for our current customers and future partners. By leveraging 1663’s technology and the cutting-edge, blockchain-enabled Helium Network, we are poised to deliver even more robust solutions across industries, driving greater value and innovation for enterprises and agencies.”
“We set out to build the largest IoT network, one capable of supporting global businesses with features like cold chain monitoring, flood and fire detection. We’re excited to pass the torch to the LoneStar team as they specialise in industrial and mission-critical IoT applications to carry the Helium IoT mission forward,” remarked Amir Haleem, CEO of Nova Labs. “This transition not only marks a significant milestone in our decentralisation journey but also allows us to focus on the continued growth of Helium Mobile. We look forward to expanding our wireless services and empowering communities to create and own their network infrastructure, while LoneStar builds upon the strong foundation we’ve established to drive innovation in IoT solutions.”
“PG&E and 1663 have explored using the power of IOT networks to improve early detection and communication of wildfire ignitions in remote areas of California. We are looking forward to continuing collaborating on this important work with LoneStar. As wildfire risk spreads across the west coast of North America, cost effective breakthroughs in wildfire detection are needed to keep our communities safe,” added Andrew Abranches, PG&E’s Sr. Director for Wildfire Preparedness and Operations.
LoneStar Tracking’s expertise and dedication to the Helium Network make it the ideal custodian to elevate 1663’s capabilities and continue fostering the development of new projects and applications on the Helium Network.
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