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LMT Group partners with the European Space Agency to develop global dual-mode satellite IoT

Tech News & Insight
Latvian tech company LMT Group will develop a dual-mode satellite IoT module in the next 12 months in partnership with the European Space Agency. This will enable devices to remain connected almost anywhere, addressing the “dead zones” – oceans, deep forests, and rural farmland – of global connectivity. The module will allow IoT devices to autonomously switch between terrestrial cellular and satellite networks (NTNs) without data loss or user intervention.
LMT Group completes strategic pivot, transforming from telco operator to technology company

LMT Group completes strategic pivot, transforming from telco operator to technology company

Tech News & Insight
Latvian telco operator and mobile innovator LMT completes strategic pivot, transforming from telco operator to technology company – LMT Group. The transformation was kicked off at the launch of IoT Shortcut, the world’s smallest mobile data module for sensor equipment and LMT Group’s latest product. As explained by Ingmars Pukis, LMT’s VP & Member of the Management Board, LMT’s shift from telco into a broad-scope technology companies ecosystem has been driven by limited market opportunities, the team’s historical engineering DNA, and the introduction of 5G and its capabilities, among other factors. The Group now comprises several companies and branches, including LMT IoT, LMT Defence, LMT Systems, LMT Retail & Logistics, LMT Finance, LMT Innovations, and Santa Monica Networks.

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