NextPlat Corp (NASDAQ: NXPL, NXPLW) announced that its Global Telesat Communications Ltd subsidiary has received approximately $400,000 in new orders for satellite-enabled Internet of Things (IoT) hardware. These orders support an existing military end-user in Eastern Europe and a new customer in Asia, as demand from providers including Globalstar and Iridium continues to grow. The announcement follows 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, the orders reflect expanding momentum in government, defense, and enterprise connectivity markets, alongside anticipated growth from the company’s expanding healthcare operations. The company’s e-Commerce communications division offers voice, data, tracking, and IoT products and services worldwide. Through its subsidiary Progressive Care, NextPlat also provides pharmacy and healthcare data management services in the United States.
The full press release is available at https://ibn.fm/mW9wt. For more information about NextPlat Corp, visit their newsroom at https://ibn.fm/NXPL.
