LoneStar Tracking acquires Nova Labs’ 1663 to epand IoT solutions on Helium Network
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LoneStar Tracking has announced that it has acquired Nova Labs’ 1663, the partner of choice for customised IoT solutions built on the world’s largest decentralised wireless network, the Helium Network. This acquisition comes after a strong year of growth for both Lonestar and 1663, including 1663 growing its ecosystem to more than 80 partners in asset tracking, cold chain monitoring and smart agriculture. As Lonestar expands its market presence and customer coverage for industrial IoT use-cases, its industry expertise in large enterprise and industrial IoT make it the ideal solutions provider to continue progressing 1663.“We are always in pursuit of technological innovations that ensure best in class industrial asset tracking for our clients,” said Thomas Remmert, the CTO and co-founder of LoneStar Tracking. “Our acquisition of 1663 presents a unique opportunity to enhance and expand IoT use cases for our current customers and future partners. By using 1663’s technology and the cutting-edge, blockchain-enabled Helium Network, we are poised to deliver even more robust solutions across industries, driving greater value and innovation for enterprises and agencies.”
Amir Haleem, the CEO of Nova Labs, said, “We set out to build the largest IoT network, one capable of supporting global businesses with features like cold chain monitoring, flood and fire detection. We’re excited to pass the torch to the LoneStar team as they specialise in industrial and mission-critical IoT applications to carry the Helium IoT mission forward. This transition not only marks a significant milestone in our decentralisation journey but also allows us to focus on the continued growth of Helium Mobile. We look forward to expanding our wireless services and empowering communities to create and own their network infrastructure, while LoneStar builds upon the strong foundation we’ve established to drive innovation in IoT solutions.”
LoneStar Tracking’s expertise and commitment to the Helium Network made them the steward to take 1663 to the next level and continue driving usage and building new projects on the Helium Network.
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