Myriota announced graduating from the Kingdom of Saudi Arabia’s Communications, Space and Technology Commission (CST) Emerging Technologies Regulatory Sandbox programme. The programme belongs to CST’s mission to increase regulatory maturity, accelerate digital transformation, and support solutions in collaboration with global and national entities.
Working in partnership with CST, the Saudi Telecom Company (STC) and system integrator Giza Systems, Myriota deployed a cohort of connected smart water meters in remote locations on behalf of the Saudi Ministry of Environment, Water, and Agriculture. These devices enable remote monitoring of water meters in areas with limited or no cellular connectivity.
Myriota’s cost-effective, ultra-low-power network is designed specifically for the IoT industry, enabling applications ranging from logistics, utilities to agriculture to monitor and collect critical sensor data where it is needed. Myriota’s customers are already tracking, locating, and monitoring assets such as water and fuel tanks, irrigation systems, heavy machinery, and wind turbines.
“Demand for satellite-based communications networks is seeing an explosion globally, and we’re excited to be able to bring our service to Saudi Arabia,” said Ben Cade, CEO of Myriota. “Today’s news shows that Myriota remains at the forefront of delivering a low-cost, low-power global IoT service, one that enables valuable data insights for our most critical industries and resources. We’re excited to begin expanding our partner and customer-base across the Middle East, helping those innovators to tackle truly difficult problems.”
In December 2024, Myriota announced a $32m funding round led by the Australian Federal government’s National Reconstruction Fund Corporation (NRFC) and venture capital partners Main Sequence with support from other investors including Inter Valley Ventures. The funding further supports Myriota in their mission to democratise satellite IoT access, delivering critical field-based monitoring solutions to a global market.
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