Tern Plc (AIM:TERN), the investment company specialising in the Internet of Things (“IoT”),is pleased to announce that its portfolio company, Device Authority (“DA”), has entered into a contract with a value of approximately £200,000 with one of the largest global automotive component and safety technology manufacturers (“the Client”), alongside its Technology Alliance Partner, nCipher.
Wyld Networks has secured a new £400,000 investment, in the form of a Convertible Unsecured Loan Note, to strengthen its growing pipeline of opportunities in mobile mesh networks and wireless IoT connectivity.
