NextPlat (NASDAQ: NXPL, NXPLW) announced that its Global Telesat Communications Ltd. subsidiary has been awarded a contract valued at up to approximately $820,000 from a U.K.-based government prime supplier to provide satellite-enabled Internet of Things hardware supporting a NATO military customer. Under the two-year agreement, the company will supply satellite-enabled IoT terminals designed to deliver secure voice, data and asset management connectivity worldwide, leveraging Iridium’s Certus(R) satellite network and dual-mode satellite and LTE capabilities to ensure reliable communications even where terrestrial networks are unavailable.
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About NextPlat Corp.
NextPlat is a global consumer products and services company providing healthcare and technology solutions through e-Commerce and retail channels worldwide. Through acquisitions, joint ventures, and collaborations, the Company seeks to assist businesses in selling their goods online, domestically, and internationally, allowing customers and partners to optimize their e-Commerce presence and revenue. NextPlat currently operates an e-Commerce communications division offering voice, data, tracking, and IoT products and services worldwide as well as pharmacy and healthcare data management services in the United States through its subsidiary, Progressive Care.
NOTE TO INVESTORS: The latest news and updates relating to NXPL are available in the company’s newsroom at https://ibn.fm/NXPL
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