Myriota Expands into Canada with Acquisition of exactEarth Satellites, Ground Stations

ADELAIDE, South Australia (Myriota PR) — Global leader in nanosatellite Internet of Things (IoT) connectivity, Myriota Canada (a wholly-owned subsidiary of Myriota Pty Ltd), has entered into an agreement with exactEarth Ltd. (TSX: XCT) to acquire satellite communications assets.

Significantly adding to its North American capability, the transaction, which is subject to Canadian regulatory approval, will see Myriota Canada acquire four satellites, a global network of ground station assets, and their associated spectrum licenses.

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