T42 Iot Tracking Solutions Share Discussion Threads

[z1co] 27/6/2024 12:16

PUGUGLY

Are you that thick it's obviously UPPPPP

[pugugly] 27/6/2024 12:14

Kar> Up or down? Your comment well hedged!!!!

[karimgrant] 27/6/2024 12:09

This Co is going far.

[pugugly] 26/6/2024 07:58

Smithie - Very true -

[smithie6] 26/6/2024 07:49

results out

going concern statement from the auditor is worth a read.....high risk

[z1co] 26/6/2024 07:20

H2 significantly improved compared to H1 $2.31n v $1.7m.

Losses also reduced , gross margins improved to 53% compared to 42%.

The current year will continue to improve with all the contracts won so far.

Outlook:

We are expecting further growth in revenues during 2024 based on our current pipeline of potential new orders. The focus on long-term agreements demonstrates the market demand for our products and solutions, stemming from the strength of our R&D and technological advantages.


It is pleasing to have concluded four long-term agreements this year to date concluded as we continue to collaborate with market leaders to promote t42's strategy in accessing mass markets. We are confident that our cutting-edge technology will be translated into further contracts in in the short- to mid-term.

As our strategic decision to focus on the shipping container market evolves, we believe that the technological advantages of our Helios solution will allow us to secure further development projects and opportunities.

[z1co] 05/6/2024 13:51

The two 100,000 trades were a rollover and someone panicked and sold 75,000.

Stupid traders.

[z1co] 05/6/2024 11:42

There's been quite a few buys this morning , the company is known to issues an rns from 11am to 2pm.

News of another contract win ???

[z1co] 05/6/2024 11:24

Share price is at a 12 month high and looking to break out towards 9p to 10p

[z1co] 05/6/2024 11:07

Jaume Sanpera, Sateliot’s CEO, said:

“Our collaboration marks a pivotal moment in the industry's history, transforming traditional shipping containers into intelligent, connected assets. Tracking in open seas, until now, a very luxurious satellite service will be democratized to all.”

[z1co] 05/6/2024 11:06

The company has won more than $20m worth of orders so far in 2024 and this is WHY:



Sateliot and t42 Lead the Way with Satellite-Based 5G IoT Maritime Tracking Solution
29/11/2023

1. The shipping industry to save up to 47 billion dollars annually by boosting the connected container.

2. Currently, 99% of maritime transport containers are not tracked or inspected due to connectivity issues.

Barcelona, San Diego, 29 November 2023 - Sateliot, the first company to operate a Low-Earth orbit (LEO) 5G IoT satellite constellation, and t42, the global expert in providing IoT tracking devices for maritime containers, have signed a collaboration agreement to boost connected containers, enabling shipping companies to save 47 billion euros annually.

t42 will deploy thousands of 5G-IoT sensors in containers for its more than 50 logistics partners across over fifty countries, connecting them to Sateliot's satellites, thus eliminating the problem of lack of coverage on the high seas. This ensures secure control of merchandise at all times, as these sensors monitor location, acceleration, temperature, humidity, impacts, tilt, light conditions, and container damage, among other parameters, providing intelligent detection of these variables anytime, anywhere.

Currently, 99% of maritime transport containers are not tracked or inspected due to a lack of cellular and satellite connectivity, leading to losses from cargo theft, tampering, accidents, damages, etc. In response, shipping companies are allocating significant investments to make 25% of their containers smart by 2025. Furthermore, maritime companies handle 80% of international trade goods.

Sateliot's unique technology allows extending 5G NB-IoT connectivity to any part of the world without terrestrial coverage, without operators having to change their hardware, and at a low cost. The significance of this technology lies in the premise that operators can connect to the nanosatellite network via a roaming service when they need to extend their coverage. Furthermore, the low cost per device and connection is an added advantage driving this innovation.

The First Change in 67 Years

The combination of Sateliot's technology and t42's will unleash a revolution in a sector that has mostly stayed the same since Malcolm McLean invented the shipping container in 1956.

Back then, the revolutionary solution came from the new standardized way of shipping goods, with a newly designed container perfectly shaped to fit all ships, tools, and ports. Now, a second revolution comes with the new 5G standard for IoT communications capable of connecting devices seamlessly to satellite (NTN) and cellular networks.

This means that the container will undergo a transformation similar to what the automobile experienced, evolving rapidly from a simple machine that transports you from one point to another to a connected car, becoming a powerful IT tool with many applications.

Jaume Sanpera, Sateliot’s CEO, said: “Our collaboration marks a pivotal moment in the industry's history, transforming traditional shipping containers into intelligent, connected assets. Tracking in open seas, until now, a very luxurious satellite service will be democratized to all.”

On the other hand t42’s CEO, challenges other companies and industries to follow their steps. “It is unbelievable what a small hardware investment can represent for the industry's performance overall. This change has come to stay; there’s no doubt about it.”

[z1co] 05/6/2024 11:03

The company has won more than $20m worth of orders so far in 2024.

[z1co] 05/6/2024 10:59

In auction at the moment but the price has increased UP 0.5p 6.0 v 7.0.

The CEO said recently of more imminent contract wins.

[pugugly] 29/5/2024 13:07

Mostly all potential - How many times have we seen that word and consigned capital to Money Heaven? -

[z1co] 29/5/2024 12:25

At least 9p to 10p on next contract win.

The CEO said recently more wins are imminent.The company has already won more $20m worth of orders so far in 2024.

[glavey] 29/5/2024 06:43

Z1CO
28 May '24 - 12:47 - 24

" Glavey

You're talking rubbish , share price very strong which is indicating more deals are imminent. "

In which case, Z1CO, you had no need to moderate my post (23), but you chose otherwise.

I don't mind being proven to be wrong, but you won't be able to demonstrate that if you have totally erased the comment.

¯¬_(ツ)_/¯

[z1co] 28/5/2024 22:19

100,000 buy @ 6.74p just before the close bodes well for tomorrow ....

[z1co] 28/5/2024 15:44

Share heading towards the 10p plus this year like it did in 2022.

[z1co] 28/5/2024 15:43

Buying @ 6.74p

[z1co] 28/5/2024 14:07

All 3 posters above have recently sold out and are looking to buy in cheaper hence the deramps.

Share price will continue to rise for more imminent contracts.

The company has won more than $20m worth of contracts so far in 2024

[z1co] 28/5/2024 14:00

Rising ahead of more contracts.

Back to 10p plus over the coming weeks.

What the CEO said recently:

"There is a notable surge in demand for the expertise and experience offered by t42, and we are optimistic that this will result in further contracts as we move forward."

[andre] 28/5/2024 13:27

Sounds about right. This is Peterhouse's modus operandi all over. Imho

[blakesmith] 28/5/2024 13:15

Placing agreed

[z1co] 28/5/2024 12:48

Gone NT to buy at 6.50p