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Legalbrief   |   your legal news hub Friday 19 April 2024

Local IoT firm a hit in the US

* Local Internet of Things (IOT) technology innovator, IoT.nxt is making waves in the US with its patented Raptor gateway solution currently being rolled out in a multimillion-dollar project designed to optimise energy usage at schools in Florida and Dallas. On the back of this, IoT.nxt is fast-tracking its plans to expand into the US with the establishment of a US office similar to the one the Pretoria-based company established in the Netherlands 12 months ago. IoT.nxt CEO Nico Steyn said expansion to the US had been a goal for the company which had been exploring various opportunities since late last year.