The funding agreement includes installing the Nexxiot IoT sensors on customers’ assets as part of a service agreement. The Globehopper sensors enable raw data to be transferred to the Nexxiot system. The Globehopper 2.0 units have a larger power supply device than the previous version and are authorised for use in busy working environments. About 45,000 objects - freight wagons and tank containers - are already equipped with Nexxiot sensors, and this number is growing at the rate of between 4000 and 5000 per month. “The current funding places the production of the new generation of Globehopper units on a solid foothold,” says Mr Helmut Kaspers, CEO of Nexxiot. “The funding safeguards the scalability of our business model in the long term and maintains our strategic independence.”