Craft

Iota Communications

Stock Price

$0

2022-04-25

Market Capitalization

$410.9 K

2022-04-25

Revenue

$2.3 M

FY, 2019

Iota Communications Summary

Company Summary

Overview
Iota Communications is a wireless network carrier and industrial automation company that provides solutions for creating, connecting and managing communications for The Internet of Things (IoT). Its solutions include plug-and-play IoT connectors for acquiring and transmitting data, a low-cost nationwide IoT network using FCC-licensed spectrum, and custom-tailored and third-party IoT applications for monitoring and management. The Company was formed as a result of a merger of Solbright Group and M2M Spectrum Networks. It serves healthcare, commercial, retail, and manufacturing industries. 
Type
Public
Status
Active
Founded
2018
HQ
Allentown, PA, US | view all locations
Website
https://www.iotacommunications.com/
Cybersecurity rating
Sectors

Key People

  • Darren Nichols

    Darren Nichols, SVP and General Manager, Iota Networks

    • Carole L. Downs

      Carole L. Downs, President, Spectrum Programs

      • M. Rob Somers

        M. Rob Somers, General Counsel and Manager, Iota Spectrum Holdings

        LocationsView all

        2 locations detected

        • Allentown, PA HQ

          United States

          645 Hamilton St #400

        • Phoenix, AZ

          United States

          2111 E Highland Ave #305

        Iota Communications Financials

        Summary Financials

        Revenue (Q3, 2020)
        $690.9K
        Gross profit (Q3, 2020)
        ($37.7K)
        Net income (Q3, 2020)
        ($10.1M)
        Cash (Q3, 2020)
        $41.0K
        EBIT (Q3, 2020)
        ($8.3M)
        Enterprise value
        $23.5M

        Footer menu