NextPlat Corp (NASDAQ: NXPL, NXPLW) announced that its Global Telesat Communications Ltd subsidiary has received approximately $400,000 in new orders for satellite-enabled IoT hardware. The orders support an existing military end-user in Eastern Europe and a new customer in Asia, reflecting growing demand from providers such as Globalstar and Iridium.
These orders follow a recent $820,000 contract tied to a NATO military customer, bringing total IoT-related orders secured in the first quarter of 2026 to more than $1.2 million. According to CEO David Phipps, this momentum reflects expanding demand in government, defense, and enterprise connectivity markets, alongside anticipated growth from the company’s expanding healthcare operations.
The full press release is available at https://ibn.fm/mW9wt.
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 assists businesses in selling their goods online domestically and internationally. 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.
For more information, visit https://ibn.fm/NXPL.
