Highlights:
- Leading IoT animal tracking specialist
FindMy has to date deployed over 45,000 animal tracking collars,
based on Globalstar satellite technology, across Scandinavia and
South America to track sheep, cattle and reindeer
- At the heart of each FindMy collar is
Globalstar’s STX3 simplex chipset for GPS tracking using satellite
communications
- FindMy helps farmers safeguard income
by finding lost animals, losing fewer to predators, and building
knowledge of herd health and best grazing areas
Globalstar Europe Satellite Services Ltd., a wholly owned
subsidiary of Globalstar, Inc. (NYSE MKT: GSAT) today
announced that FindMy (formerly FindMySheep), the IoT animal
tracking pioneer, has cumulatively deployed over 45,000
satellite-enabled IoT tracking collars for safeguarding sheep,
cattle and reindeer. FindMy relies on Globalstar’s powerful,
low-cost STX3 chipset and its worldwide network of satellites in
Low Earth Orbit (LEO), which deliver reliable, accurate tracking
far beyond the reach of mobile GSM and other technologies.
FindMy was originally founded to meet the needs of sheep farmers
in Norway whose flocks graze fence-free in the mountains and often
range across borders into Sweden and Finland. FindMy’s reputation
is now established internationally and today ranchers in Latin
America trust FindMy to monitor cattle.
STX3’s small size, ruggedness, long battery life, and ease of
integration, as well as its competitive price, remain key
compelling features for FindMy.
FindMy’s tracking collars communicate with Globalstar’s
satellite network to geo-fence livestock, helping farmers monitor
animals to ensure they graze only in designated areas, and to
locate those which have escaped or are injured.
With each animal worth hundreds or even thousands of Euros,
losing livestock to predators or through illness not only affects
revenues but can also have a profound impact on the quality of a
farmer’s breeding foundation for years to come.
Thanks to the rich data transmitted by the FindMy system,
farmers are empowered to manage their stock intelligently, and
minimise loss due to inadequate food or water, disease or
predators. FindMy provides an informative data trail that enables
farmers to analyse where animals that produce the best quality meat
are grazing, so farmers can proactively manage herds’ grazing for
future seasons.
FindMy’s customised user interface alerts farmers and herd
managers when an animal has not moved for some time. With FindMy’s
GPS data, they can identify exactly where to go to investigate,
saving valuable time and resources. Farmers deploying the
collars report a significant reduction in animal loss, with a
consequent direct positive impact on their business.
In October 2017, Globalstar announced that its technology is at
the heart of SaveMyReindeer, a technology solution that FindMy
designed to prevent trains from colliding with reindeer in Norway’s
hinterland.
Hundreds of kilometres of Norway’s railroads, reaching inside
the Arctic Circle, traverse territories inhabited by the region’s
indigenous Sami people who keep herds of free-roaming reindeer.
Each year, trains kill about 6,500 of the region’s 600,000
reindeer, with an estimated loss of €8.5 million of livestock. In
2016, the Norwegian mapping authority, Kartverket, sought a
solution as part of its annual hackathon series. FindMy emerged the
winner and SaveMyReindeer was developed.
SaveMyReindeer, currently in development and testing, uses data
from the Norwegian Railway Directorate on the real-time location of
each train combined with open data from Kartverket to create a
moving geo-fence 40-50 km around the train. By comparing the
geo-fence area with GPS data from FindMy collars already keeping
tabs on reindeer, the system warns train drivers when they are
approaching the animals so they can take evasive action. The
reindeer owner simultaneously receives an alert on their
smartphone, giving them the opportunity to move the herd out of
harm’s way. By introducing SaveMyReindeer, fewer animals would be
lost, and the train network would suffer less disruption.
“The FindMy animal tracking platform is helping farmers ensure
the best possible health of their livestock, protecting animals
from disease and predators, and maximising herd value,” said Halvor
Mjoen, Founder of FindMy.
“Thanks to Globalstar’s ongoing commitment to IoT innovation, we
will continue to find new ways to help farmers to monitor and
safeguard their valuable animals,” he added.
About FindMy
FindMy was originally established as FindMySheep, a tracking
collar system using Globalstar technology to protect free roaming
sheep. FindMySheep deployments have since increased to over 45,000
units, with 85% worn by sheep, with the remainder protecting
reindeer in Norway, Sweden and Finland, as well as cattle herds in
South America. With hundreds of sheep going missing each year, in
2012 the Norwegian government part-funded an initiative to track
farmers’ livestock so they could understand what is driving the
disappearance of the animals and eliminate any foul play. This
funding enabled FindMy, a Globalstar Value Added Reseller, to
develop its tracking collar, with a back-office application that
enables the farmer to visualise the whereabouts of the animals at
any given time. http://findmy.no/
About Globalstar, Inc.
Globalstar is a leading provider of mobile satellite voice and
data services. Customers around the world in industries such as
government, emergency management, marine, logging, oil & gas
and outdoor recreation rely on Globalstar to conduct business
smarter and faster, maintain peace of mind and access emergency
personnel. Globalstar data solutions are ideal for various asset
and personal tracking, data monitoring, M2M and IoT applications.
The company's products include mobile and fixed satellite
telephones, the innovative satellite Wi-Fi hotspot, simplex and
duplex satellite data modems, tracking devices and flexible service
packages.
For more information, visit eu.globalstar.com.
View source
version on businesswire.com: https://www.businesswire.com/news/home/20190507005794/en/
Cynthia RitchieWhite Tiger
Communicationscynthia@whitetigercommunications.net+44 (0)20 3514
2525
Gavan MurphyGlobalstar Director of Marketing
EMEAgavan.murphy@globalstar.com
Globalstar (AMEX:GSAT)
Historical Stock Chart
From Aug 2024 to Sep 2024
Globalstar (AMEX:GSAT)
Historical Stock Chart
From Sep 2023 to Sep 2024