GeoTraq Announces New Class of Mobile IoT Modules

GeoTraq Inc., a subsidiary of Appliance Recycling Centers of America, Inc., announced today the transition from GSM to LTE-M/NB-IoT connectivity, creating a new class of Mobile IoT modules. GeoTraq is developing a Tracker-Module for asset tracking and location-based services, along with a Sensor-Module used for remote monitoring. GeoTraq believes that the new ultra-small Mobile IoT modules will radically change the way businesses locate assets and communicate data globally. Mobile IoT refers to low power wide area (LPWA) managed IoT networks in licensed spectrum. LTE-M and NB-IoT networks have been standardized by the 3rd Generation Partnership Project (3GPP) and have been classified by the mobile industry as Mobile IoT. According to the GSMA, “the availability of Mobile IoT around the world is growing at an unprecedented speed.” Additionally, the GSMA announced, Mobile IoT coverage is expected to reach approximately 93% of the world’s largest IoT markets by Q2 2019.