NextPlat’s Global Telesat Expands 5G and Artificial Intelligence-Powered Internet of Things (IoT) Offerings Through New Distribution Agreement with Telit Cinterion
Partnership Enhances GTC’s Portfolio with Advanced AI-Powered 5G and Edge Computing Solutions for the Global Trillion-Dollar Industrial and Enterprise IoT Markets
HALLANDALE BEACH, Fla., Dec. 16, 2025 /PRNewswire/ — NextPlat Corp (NASDAQ: NXPL, NXPLW) (“NextPlat” or the “Company”), a global consumer products and services company providing healthcare and technology solutions through e-commerce and retail channels worldwide, today announced that its Global Telesat Communications Ltd (GTC) subsidiary has expanded its Internet of Things (IoT) product portfolio through a new agreement with Telit Cinterion (“Telit Cinterion”), a global leader in intelligent IoT solutions trusted by enterprises worldwide for their secure, scalable, and Artificial Intelligence (AI)-driven products and services.
Telit Cinterion is a global leader in IoT worldwide. Its products and solutions are helping support Industry 4.0 from smart cities and manufacturing, to logistics, supply chains and payments with secure, intelligent IoT systems and it delivers connectivity solutions with an extensive coverage and access to multiple networks globally. GTC, one of Europe’s largest satellite-enabled connectivity providers, serves enterprise, government, and consumer customers with voice, data, tracking, and IoT products and services in more than 150 countries. Through this agreement, GTC adds advanced 5G connectivity to its existing satellite and terrestrial connectivity suite, allowing it to expand sales within fast-growing industrial and enterprise IoT sectors including manufacturing, agriculture, transport and logistics, energy and utilities. According to Grand View Research, the global IoT market is currently valued at approximately USD 1.18 trillion and is projected to grow to about USD 2.65 trillion by 2030, representing a compound annual growth rate (CAGR) of about 11.4%.
“Today’s agreement with Telit Cinterion represents a great opportunity for GTC to further participate in the rapid growth and adoption of IoT alongside one of the innovators in advanced device management and connectivity solutions. We believe Telit Cinterion ideally complements our expanding solutions portfolio and are looking forward to working together to help further connect the world,” said David Phipps, CEO of NextPlat and Managing Director of its GTC subsidiary.
“At Telit Cinterion, we recognize that reliable, secure, and scalable connectivity is the foundation of every successful IoT deployment. Businesses today face critical challenges – fragmented networks, complex global roaming, and unpredictable service quality – that can hinder innovation and growth. Our partnership with GTC ensures customers gain seamless, prepaid connectivity solutions backed by Telit Cinterion’s global infrastructure and expertise. This collaboration empowers enterprises to simplify connectivity management, reduce operational risk, and accelerate time-to-market for connected solutions across industries.” said Martin Krona, President Services and Solutions at Telit Cinterion.
For more information about NextPlat, please visit www.NextPlat.com and connect with us on Facebook, LinkedIn and X.
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.
About Telit Cinterion
Telit Cinterion is a global end-to-end IoT enabler providing complete solutions that reduce time to market and costs, delivering custom designed, ready for market connected devices in addition to maintaining the industry’s broadest portfolio of enterprise-grade wireless communication and positioning modules, cellular MVNO connectivity plans and management services, edge-cloud software and data orchestration, and IoT and Industrial IoT platforms. As the largest western provider pioneering IoT innovation, Telit Cinterion delivers award-winning and highly secure IoT solutions, modules and services for the industry’s top brands. For more information on Telit Cinterion, follow us on YouTube, X, LinkedIn, Facebook, Instagram, visit Telit.com or subscribe to receive our marketing communications.
Forward-Looking Statements
Certain statements in this release constitute forward-looking statements. These statements include the capabilities and success of the Company’s business and any of its products, services or solutions. The words “believe,” “forecast,” “project,” “intend,” “expect,” “plan,” “should,” “would,” and similar expressions and all statements, which are not historical facts, are intended to identify forward-looking statements. These forward-looking statements involve and are subject to known and unknown risks, uncertainties and other factors, including the Company’s ability to launch additional e-commerce capabilities for consumer and healthcare products and its ability to grow and expand as intended, any of which could cause the Company to not achieve some or all of its goals or the Company’s previously reported actual results, performance (finance or operating), including those expressed or implied by such forward-looking statements. More detailed information about the Company and the risk factors that may affect the realization of forward-looking statements is set forth in the Company’s filings with the Securities and Exchange Commission (the “SEC”), copies of which may be obtained from the SEC’s website at www.sec.gov. The Company assumes no, and hereby disclaims any, obligation to update the forward-looking statements contained in this press release.
Media and Investor Contact for NextPlat Corp:
Michael Glickman
MWGCO, Inc.
917-397-2272
mike@mwgco.net
View original content to download multimedia:https://www.prnewswire.com/news-releases/nextplats-global-telesat-expands-5g-and-artificial-intelligence-powered-internet-of-things-iot-offerings-through-new-distribution-agreement-with-telit-cinterion-302642974.html
SOURCE NextPlat Corp.
You May Also Like
Flora Growth Announces $401M Funding to Boost AI Zero Gravity (0G) Coin Treasury
Highlights: Flora Growth announces $401M PIPE financing round aimed at establishing an AI Zero Gravity (0G) coin treasury. DeFi Development Corp. led the fundraising exercise with strong support from other companies. Flora Growth will rebrand to ZeroStack following the successful completion of the PIPE financing round. One of the world’s leading decentralised artificial intelligence (AI) treasury companies, Flora Growth, has announced the pricing of a $401 million private investment in public equity (PIPE) round. According to a September 19 press release, the move aims to fund the firm’s treasury strategy centred on AI Zero Gravity (0G) tokens. Upon completion of the PIPE round, Flora Growth will rebrand to ZeroStack, while still maintaining its current market ticker symbol, FLGC. Notably, the financing round is expected to close on or before September 26, 2025, pending customary approvals. Flora Growth Corp. (NASDAQ: FLGC) announced a $401 million PIPE financing led by Defi Development Corp., Hexstone Capital, and CSAPL. 0G Co-Founder Michael Heinrich will become Executive Chairman. The deal is expected to close on September 26. The company will adopt $0G as its… — Wu Blockchain (@WuBlockchain) September 19, 2025 Flora Growth Announces $401M PIPE with Strong Backing from Leading Crypto Firms DeFi Development Corp. (DFDV), the first treasury firm focused on Solana (SOL), led the financing round with a $22.88 million investment. Other partners included Hexstone Capital, Dispersion Capital, Blockchain Builders Fund, Carlsberg SE Asia PTE Ltd (CSAPL), Abstract Ventures, Salt, and Dao5. The fundraising exercise has already generated $35 million in cash commitments and $366 million worth of in-kind digital assets. Flora Growth sold its common shares and pre-funded warrants to investors at $25.19 per share. The company also pegged 0G tokens contribution at $3 per coin, adding that investors paying either cash or 0G tokens will also receive pre-funded warrants, exercisable once shareholder approval is granted. A big NASDAQ company (Flora Growth) just announced they’re raising $401 million. ︎ They plan to buy and hold $0G tokens as part of their company’s savings/treasury. Flora’s deal values $0G at around $3 per token for their planned purchase. Right now $0G is trading below… pic.twitter.com/qhOa3uT5ii — Jimmywontgiveup(Ø,G) (@jimmywontgiveup) September 20, 2025 Flora Growth Plans to Hold SOL in Its Treasury Flora Growth noted that it plans to hold part of its treasury in SOL. Joseph Onorati, the CEO of DeFi Development Corp., spoke on the partnership.“We’re thrilled to partner with FLGC on this fundraiser and look forward to driving a deep collaboration between 0G and Solana,” the CEO stated. Daniel Reis-Faria, Flora Growth’s incoming Chief Executive Officer (CEO), also spoke on the company’s latest initiative. He explained that the move encompasses financial restructuring and support for adopting AI infrastructures. The CEO commented: “This treasury strategy offers institutional investors equity-based exposure, enabling transparent, verifiable, large-scale, cost-efficient, and privacy-first AI development.” A Brief 0G Token Overview, Highlighting Reasons for Flora Growth’s Interest 0G is gaining significant traction, which has made experts describe the token as a breakthrough in decentralised AI. 0G’s model trained a 107 billion AI parameter model, representing a 357x improvement over Google’s DiLoCo research, challenging the idea that huge centralised data centres are needed for such projects. The 0G network proved that a decentralised network is highly effective for cost-effective computations, with transparent and privacy-first solutions. Unlike other AI blockchains, 0G integrated its computation, storage, and training marketplace into one platform, attracting Web2 and Web3 developers. In related news, Crypto2Community reported that Brera Holdings, an Ireland-based company, completed a $300 million PIPE financing round for a Solana-focused treasury on September 19. The fundraising program was led by Pulsar Group, a blockchain advisory firm based in the UAE. It received strong backing from the Solana Foundation, RockawayX, and ARK Invest. Like Flora Growth, Brera Holdings also rebranded to Solmate. eToro Platform Best Crypto Exchange Over 90 top cryptos to trade Regulated by top-tier entities User-friendly trading app 30+ million users 9.9 Visit eToro eToro is a multi-asset investment platform. The value of your investments may go up or down. Your capital is at risk. Don’t invest unless you’re prepared to lose all the money you invest. This is a high-risk investment, and you should not expect to be protected if something goes wrong.
XRP koers en de 21-maanden EMA: herhaling van geschiedenis of breuk met het patroon?
