
Wireless Innovation
M2M managed services connectivity provider.
Date | Investors | Amount | Round |
---|---|---|---|
- | investor | €0.0 | round |
* | £20.0m Valuation: £20.0m 2.7x EV/Revenue 19.3x EV/EBITDA | Acquisition | |
Total Funding | 000k |

GBP | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 |
---|---|---|---|---|---|---|---|
Revenues | 0000 | 0000 | 0000 | 0000 | 0000 | 0000 | 0000 |
% growth | 14 % | 18 % | 18 % | (3 %) | 2 % | 40 % | 74 % |
EBITDA | 0000 | 0000 | 0000 | 0000 | 0000 | 0000 | 0000 |
% EBITDA margin | 14 % | 7 % | 6 % | 14 % | (6 %) | (5 %) | - |
Profit | 0000 | 0000 | 0000 | 0000 | 0000 | 0000 | 0000 |
% profit margin | 11 % | 6 % | 5 % | 9 % | (9 %) | (2 %) | 2 % |
EV | 0000 | 0000 | 0000 | 0000 | 0000 | 0000 | 0000 |
EV / revenue | 00.0x | 00.0x | 00.0x | 00.0x | 00.0x | 00.0x | 00.0x |
EV / EBITDA | 00.0x | 00.0x | 00.0x | 00.0x | 00.0x | 00.0x | 00.0x |
R&D budget | 0000 | 0000 | 0000 | 0000 | 0000 | 0000 | 0000 |
Source: Company filings or news article
Established in 2004 by Phil Rouse, Wireless Innovation carved a niche in providing robust satellite and cellular connectivity solutions. The firm's primary focus was on enabling machine-to-machine (M2M) and Internet of Things (IoT) data communication for industries operating in remote and challenging environments. Its business model centered on the sale and rental of satellite and cellular terminals, alongside providing data plans and a management platform to ensure reliable connectivity. The company served a diverse clientele, including sectors like environmental monitoring, maritime, and agriculture, which require dependable data transmission from locations with limited terrestrial infrastructure.
Wireless Innovation's product and service portfolio was designed for resilience and ease of use. It offered a range of hardware from leading satellite network providers such as Iridium, Inmarsat, and Globalstar. A key component of their offering was a secure data management platform, which allowed clients to monitor and control their remote assets effectively. This platform provided a unified interface for managing data from various devices, simplifying the complexities of M2M/IoT deployments. In a significant strategic move, Wireless Innovation merged with Rock Seven and Ground Control in 2021. This consolidation aimed to create a more powerful entity in the satellite communications market, now operating under the Ground Control name, which continues to provide updates and services for the combined customer base.
Keywords: Satellite Connectivity, M2M Communication, IoT Solutions, Remote Data Transmission, Asset Tracking, Cellular Connectivity, Data Management Platform, Satellite Terminals, Environmental Monitoring, Maritime Communications
Tech stack
Investments by Wireless Innovation
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