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KORE Supports Syngenta Agriculture Biodiversity Initiative

8 minute read

Completeness of solution and ease of deployment helps fuel “IoT for Good” project growth

ATLANTA (April 18, 2023)KORE, the global pure-play Internet of Things (“IoT”) hyperscaler, and provider of IoT Connectivity, Solutions and Analytics, announced today its role in providing scalable, global IoT Connectivity to Syngenta to power a large-scale biodiversity project.

Climate change and overuse of the planet’s resources have taken a toll on biodiversity, with an estimated two-thirds decline in the global wildlife population over the last 50 years, according to reports published by the World Economic Forum.

Agriculture is dependent on a healthy, natural ecosystem supported by biodiversity. Without robust biodiversity, disease can flourish, harming crops and livestock, and soil quality can also be adversely impacted.

“The data that is available through IoT solutions is incredible, and this in turn enables better analytics and incredible insights,” KORE President and CEO Romil Bahl said. “Syngenta is making massive strides in tackling a major crisis in agriculture and KORE is grateful we can provide our resilient, global IoT connectivity to reliably connect these solutions in a lasting, scalable manner.”

Syngenta’s mission is to digitally connect farmlands across the globe to provide farmers with comprehensive analytics through its Biodiversity Sensor Project, which is intended to determine how agricultural practices and products can be used to protect biodiversity and, in turn, learn how biodiversity can be enhanced to protect crops.

“Our work helps farmers face the challenges of today’s changing world. Farmers must adapt to the effects of climate change, improve soil and enhance biodiversity, and respond to society’s views on food and agricultural technology,” said Kiran Joseph, Digital Product Manager of Sustainability for Syngenta.

Part of that is implementing the biodiversity sensors in farmland across the globe. According to Joseph, Syngenta has already surpassed 210 acres of digitally connected land last year, and those devices are already sharing information on the farmlands, the farming practices and the crops that they have.

The goal is to reach 1 billion acres two to three years, and KORE has been a vital part of this initiative, providing global SIM cards through multiple connectivity carriers and also helping build a complete strategy through a unified, affordable approach to a complex global IoT connectivity solution.

Join KORE and Syngenta in a webinar discussing the value of IoT in agriculture and farming solutions. Join “Promoting Sustainable Agriculture Through IoT” on April 25 at 10 a.m. ET/3 p.m. GMT.

About KORE

KORE is a pioneer, leader, and trusted advisor delivering mission critical IoT solutions and services. We empower organizations of all sizes to improve operational and business results by simplifying the complexity of IoT. Our deep IoT knowledge and experience, global reach, purpose-built solutions, and deployment agility accelerate and materially impact our customers’ business outcomes. For more information, visit korewireless.com.


KORE Investors Contact:
Charley Brady
Vice President, Investor Relations

KORE Media Contact:
Carla Deisenroth
Vice President, Strategy & Marketing

Cautionary Note on Forward-Looking Statements

This press release includes certain statements that are not historical facts but are forward-looking statements for purposes of the safe harbor provisions under the United States Private Securities Litigation Reform Act of 1995. Forward-looking statements generally are accompanied by words such as “believe,” may,” “will,” “estimate,” “continue,” "anticipate," "intend," "expect," "should," "would," "plan," "predict," "potential," "seem," "seek," "future," "outlook," and similar expressions that predict or indicate future events or trends or that are not statements of historical matters. These forward-looking statements include, but are not limited to, statements regarding KORE’s future product or service offerings, projections of market opportunity and conditions, and related expectations. These statements are based on various assumptions and on the current expectations of KORE’s management. These forward-looking statements are provided for illustrative purposes only and are not intended to serve as and must not be relied on by any investor or other person as, a guarantee, an assurance, a prediction or a definitive statement of fact or probability. Actual events and circumstances are difficult or impossible to predict and will differ from assumptions. Many actual events and circumstances are beyond the control of KORE. These forward-looking statements are subject to a number of risks and uncertainties, including general economic, financial, legal, political and business conditions and changes in domestic and foreign markets; the potential effects of COVID-19; risks related to the rollout of KORE's business and the timing of expected business milestones; risks relating to the integration of KORE’s acquired companies, changes in the assumptions underlying KORE's expectations regarding its future business; the effects of competition on KORE's future business; and the outcome of judicial proceedings to which KORE is, or may become a party. If the risks materialize or assumptions prove incorrect, actual results could differ materially from the results implied by these forward-looking statements. There may be additional risks that KORE presently does not know or that KORE currently believes are immaterial that could also cause actual results to differ materially from those contained in the forward-looking statements. In addition, forward-looking statements reflect KORE's expectations, plans or forecasts of future events and views as of the date of this press release. KORE anticipates that subsequent events and developments will cause these assessments to change. However, while KORE may elect to update these forward-looking statements at some point in the future, KORE specifically disclaims any obligation to do so. These forward-looking statements should not be relied upon as representing KORE's assessments as of any date subsequent to the date of this press release. Accordingly, undue reliance should not be placed upon the forward-looking statements.

Topic(s): Featured , General

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