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Cellular IoT Module Revenues Grew 19% to $5.6B in 2025

06/26/2026 | Berg Insight
According to a new research report from the IoT analyst firm Berg Insight, annual shipments of cellular IoT modules amounted to 612 million units in 2025, up 33 percent from the previous year. Annual sales increased by 19 percent to US$ 5.6 billion in the year.

RTX Invests $100M to Accelerate Radar Testing and Interceptor Production in Rhode Island

06/09/2026 | RTX
Raytheon, an RTX business, is investing $100 million to expand its Portsmouth, R.I., facility. The expansion will accelerate Lower Tier Air and Missile Defense Sensor (LTAMDS) testing by increasing capacity and boost Patriot® GEM-T subcomponent production to meet growing global demand.

Quectel Expands EMEA Reach With Future Electronics Distribution Agreement

05/26/2026 | BUSINESS WIRE
Quectel Wireless Solutions, a global end-to-end IoT solutions provider, announced an expanded distribution partnership with Future Electronics to bring its full portfolio of products and services to customers across the EMEA region.

Omdia: Cellular IoT Traffic to Hit 218.6 Exabytes by 2035

04/29/2026 | BUSINESS WIRE
Data traffic from cellular IoT connections is expected to rise to 218.6 exabytes (EB) by 2035, according to Omdia’s latest research.

Netherlands Awards RTX $627M Patriot Defense Contract

04/13/2026 | RTX
Raytheon, an RTX business, was awarded a $627 million contract to supply the Netherlands with Patriot® air and missile defense system equipment.
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