• Live Feeds
    • Press Releases
    • Insider Trading
    • FDA Approvals
    • Analyst Ratings
    • Insider Trading
    • SEC filings
    • Market insights
  • Analyst Ratings
  • Alerts
  • Subscriptions
  • AI SuperconnectorNEW
  • Settings
  • RSS Feeds
Quantisnow Logo
  • Live Feeds
    • Press Releases
    • Insider Trading
    • FDA Approvals
    • Analyst Ratings
    • Insider Trading
    • SEC filings
    • Market insights
  • Analyst Ratings
  • Alerts
  • Subscriptions
  • AI SuperconnectorNEW
  • Settings
  • RSS Feeds
PublishGo to AppAI Superconnector
    Quantisnow Logo

    © 2025 quantisnow.com
    Democratizing insights since 2022

    Services
    Live news feedsRSS FeedsAlertsPublish with Us
    Company
    AboutQuantisnow PlusContactJobsAI superconnector for talent & startupsNEWLLM Arena
    Legal
    Terms of usePrivacy policyCookie policy

    Powerfleet Announces New Major Partnership with MTN Business to Scale AIoT Adoption Across Extensive Enterprise Operations

    8/11/25 6:59:00 AM ET
    $AIOT
    Telecommunications Equipment
    Telecommunications
    Get the next $AIOT alert in real time by email

    Combined Platform and Connectivity Strength Unlocks Predictive, AI and Data-Led Intelligence for Fixed and Mobile Operations

    WOODCLIFF LAKE, N.J., Aug. 11, 2025 /PRNewswire/ -- Powerfleet, Inc. (NASDAQ:AIOT), a global leader in the artificial intelligence of things (AIoT) SaaS mobile asset industry, today announced a groundbreaking new enterprise growth partnership with MTN Business South Africa, part of MTN Group, the continent's largest mobile network operator, with 297 million customers across 16 markets and $7.4 billion in annual revenue.

    Powerfleet (PRNewsfoto/Powerfleet)

    "This partnership marks a bold step forward in redefining enterprise IoT value creation," said Sudipto Moitra, General Manager of ICT Enterprise Business, MTN. "By combining MTN's vast network infrastructure and deep connectivity expertise with Powerfleet's Unity AIoT data highway and advanced intelligence stack, we're co-creating a next-generation set of solutions that delivers real-time, AI-led data insights across the entire supply chain."

    "This is a foundational growth partnership," said Steve Towe, CEO of Powerfleet. "We're combining Unity's AI-driven, device-agnostic platform with MTN's unmatched connectivity infrastructure to create a single pane of glass for real-time end-to-end enterprise data intelligence. Together, we're delivering predictive, scalable data solutions that transform how businesses optimize performance, safety, and efficiency – enterprise digital transformation at scale."

    Unlocking Predictive, Unified Intelligence Across the Entire Supply Chain

    This joint go-to-market solution empowers enterprise customers to transcend legacy telematics and fragmented data silos - delivering AI-powered intelligence across every layer of the supply chain, including:

    • Real-time intelligent data-driven operational visibility across every aspect of operations – from warehouses to on-road vehicles, equipment, and infrastructure - underpinned by MTN's extensive network and Powerfleet's device-agnostic Unity AIoT platform
    • AI-powered automated risk detection and safety intelligence, leveraging video-based analytics to identify patterns, flag anomalies, and surface insights that matter
    • Predictive operational optimization - from energy and fuel performance to maintenance forecasting, cost efficiency, and asset uptime
    • Connected compliance and sustainability frameworks, offering built-in ESG alignment, digital reporting, and proactive governance tools
    • Enterprise-grade integration and extensibility, via Unity's Unified Operations integrations, connecting harmonized and cleansed complete data sets seamlessly to the business systems enterprises use to run their mission critical processes

    This is a market-defining new proposition designed to amplify the enterprise value of every data point, every asset, and every decision made through AI-powered data intelligence.

    Scaling Market-Wide AIoT Adoption Through MTN's Unmatched Reach

    MTN will white label Powerfleet's Unity AIoT platform, combining it with its extensive infrastructure and connectivity, and offer it directly to its business customers - supporting wide-scale adoption of real-time data-driven insights, intelligent on-road AI video safety, in-warehouse operations and connected asset efficiency & sustainability optimization.

    MTN has been recognized as the #1 Most Admired African Brand, and its influence provides a fast-track to scale across sectors including logistics, mining, transportation, utilities, and manufacturing.

    About Powerfleet

    Powerfleet (Nasdaq: AIOT) is a global leader in AI-powered data solutions that optimize mobile asset performance, safety, and sustainability. Powerfleet Unity's cloud-based applications leverage advanced AI, machine learning, and IoT connectivity to provide mission-critical insights across industrial, logistics, and transportation sectors. Serving 48,000 customers across 120 countries, Powerfleet empowers businesses with data-driven intelligence to enhance safety, efficiency, and workforce productivity.

    Powerfleet Investor Contacts

    Carolyn Capaccio and Jody Burfening

    Alliance Advisors IR

    [email protected]

    Powerfleet Media Contact

    Jonathan Bates

    [email protected]

    +44 7921 242 892

    Cision View original content to download multimedia:https://www.prnewswire.com/news-releases/powerfleet-announces-new-major-partnership-with-mtn-business-to-scale-aiot-adoption-across-extensive-enterprise-operations-302525584.html

    SOURCE Powerfleet

    Get the next $AIOT alert in real time by email

    Crush Q3 2025 with the Best AI Superconnector

    Stay ahead of the competition with Standout.work - your AI-powered talent-to-startup matching platform.

    AI-Powered Inbox
    Context-aware email replies
    Strategic Decision Support
    Get Started with Standout.work

    Recent Analyst Ratings for
    $AIOT

    DatePrice TargetRatingAnalyst
    More analyst ratings

    $AIOT
    Press Releases

    Fastest customizable press release news feed in the world

    View All

    Powerfleet Wins Frost & Sullivan 2025 North America Product Leadership Award

    WOODCLIFF LAKE, N.J., Nov. 10, 2025 /PRNewswire/ -- Powerfleet, Inc. (NASDAQ:AIOT), a global leader in the artificial intelligence of things (AIoT) software-as-a-service (SaaS) mobile asset industry, today announced it has received the Frost & Sullivan 2025 North America Product Leadership Award for its Unity platform, recognizing outstanding innovation and impact in the connected vehicle market. "Frost & Sullivan's Product Leadership Recognition is its top honor and recognizes Powerfleet's visionary innovation, market-leading performance, and unmatched customer care," said Mi

    11/10/25 7:00:00 AM ET
    $AIOT
    Telecommunications Equipment
    Telecommunications

    Powerfleet Reports Q2 FY26 Financial Results with 7% Quarterly Sequential Increase in Total Revenue

    Total revenue of $111.7 million, an increase of 45% in total and 9% organically year-over-year from $77.0M in Q2 FY25. Services revenue of $89.3 million, an increase of 57% in total and 12% organically year-over-year from $56.7 million in Q2 FY25. Gross profit of $62.6 million, an increase of 11% sequentially from $56.5 million in Q1 FY26. Raising FY26 total revenue guidance to $435-$445 million from $430-$440 million. WOODCLIFF LAKE, N.J., Nov. 10, 2025 /PRNewswire/ -- Powerfleet, Inc. ("Powerfleet" or the "Company") (NASDAQ:AIOT) reported its financial results for the second quarter ended September 30, 2025.

    11/10/25 7:00:00 AM ET
    $AIOT
    Telecommunications Equipment
    Telecommunications

    Powerfleet Sets Second Quarter Fiscal 2026 Conference Call for Monday, November 10, 2025, at 8:30 a.m. ET

    WOODCLIFF LAKE, N.J., Oct. 27, 2025 /PRNewswire/ -- Powerfleet, Inc. (NASDAQ:AIOT) today announced that it will hold a conference call on Monday, November 10, 2025, at 8:30 a.m. Eastern time (5:30 a.m. Pacific time) to discuss results for the second quarter fiscal 2026 ended September 30, 2025. Financial results will be issued in a press release prior to the call. Powerfleet management will host the presentation, followed by a question-and-answer session. Date: Monday, November 10, 2025Time: 8:30 a.m. Eastern time (5:30 a.m. Pacific time)Toll Free: 888-506-0062International: 9

    10/27/25 8:00:00 AM ET
    $AIOT
    Telecommunications Equipment
    Telecommunications

    $AIOT
    Insider Purchases

    Insider purchases reveal critical bullish sentiment about the company from key stakeholders. See them live in this feed.

    View All

    Director Mcconnell Michael J bought $46,400 worth of shares (10,000 units at $4.64), increasing direct ownership by 55% to 28,028 units (SEC Form 4)

    4 - Powerfleet, Inc. (0001774170) (Issuer)

    8/18/25 6:04:09 PM ET
    $AIOT
    Telecommunications Equipment
    Telecommunications

    Chief Executive Officer Towe Steven Mark bought $102,354 worth of shares (23,157 units at $4.42), increasing direct ownership by 0.95% to 2,457,923 units (SEC Form 4)

    4 - Powerfleet, Inc. (0001774170) (Issuer)

    8/14/25 4:40:29 PM ET
    $AIOT
    Telecommunications Equipment
    Telecommunications

    $AIOT
    Insider Trading

    Insider transactions reveal critical sentiment about the company from key stakeholders. See them live in this feed.

    View All

    Director Mcconnell Michael J bought $46,400 worth of shares (10,000 units at $4.64), increasing direct ownership by 55% to 28,028 units (SEC Form 4)

    4 - Powerfleet, Inc. (0001774170) (Issuer)

    8/18/25 6:04:09 PM ET
    $AIOT
    Telecommunications Equipment
    Telecommunications

    Chief Executive Officer Towe Steven Mark bought $102,354 worth of shares (23,157 units at $4.42), increasing direct ownership by 0.95% to 2,457,923 units (SEC Form 4)

    4 - Powerfleet, Inc. (0001774170) (Issuer)

    8/14/25 4:40:29 PM ET
    $AIOT
    Telecommunications Equipment
    Telecommunications

    Chief Financial Officer Wilson David was granted 261,506 shares, increasing direct ownership by 517% to 312,109 units (SEC Form 4)

    4 - Powerfleet, Inc. (0001774170) (Issuer)

    4/1/25 9:24:02 PM ET
    $AIOT
    Telecommunications Equipment
    Telecommunications

    $AIOT
    SEC Filings

    View All

    SEC Form 10-Q filed by PowerFleet Inc.

    10-Q - Powerfleet, Inc. (0001774170) (Filer)

    11/10/25 4:08:01 PM ET
    $AIOT
    Telecommunications Equipment
    Telecommunications

    PowerFleet Inc. filed SEC Form 8-K: Results of Operations and Financial Condition, Regulation FD Disclosure, Financial Statements and Exhibits

    8-K - Powerfleet, Inc. (0001774170) (Filer)

    11/10/25 7:29:01 AM ET
    $AIOT
    Telecommunications Equipment
    Telecommunications

    PowerFleet Inc. filed SEC Form 8-K: Entry into a Material Definitive Agreement, Creation of a Direct Financial Obligation, Financial Statements and Exhibits

    8-K - Powerfleet, Inc. (0001774170) (Filer)

    11/6/25 4:18:34 PM ET
    $AIOT
    Telecommunications Equipment
    Telecommunications

    $AIOT
    Leadership Updates

    Live Leadership Updates

    View All

    Powerfleet Appoints Jeff Lautenbach as Chief Revenue Officer to Amplify Accelerated SaaS Revenue Growth

    WOODCLIFF LAKE, N.J., Oct. 7, 2025 /PRNewswire/ -- Powerfleet, Inc. (NASDAQ:AIOT), a global leader in the artificial intelligence of things (AIoT) SaaS mobile asset industry, announces Jeff Lautenbach as Chief Revenue Officer (CRO), effective immediately. Jeff brings extensive experience leading global revenue organizations generating $500 million in annual recurring revenue, underscoring Powerfleet's commitment to scaling as a world-class SaaS powerhouse. As CRO, Jeff will lead Powerfleet's worldwide revenue engine, driving global go-to-market strategy and execution, optimizi

    10/7/25 4:05:00 PM ET
    $AIOT
    Telecommunications Equipment
    Telecommunications

    Powerfleet Appoints Digital Transformation Expert Mike Powell as Chief Innovation Officer

    WOODCLIFF LAKE, N.J., Jan. 7, 2025 /PRNewswire/ -- Powerfleet, Inc. (NASDAQ:AIOT), a global AIoT leader, announces Mike Powell as Chief Innovation Officer (CINO), effective immediately. Powell brings extensive expertise in organizations generating annual revenues in excess of $1 billion, covering the landscape of both a CTO and CIO, to focus on advancing both Powerfleet's customer solutions and internal operations. As CINO, Powell will lead Powerfleet's evolution by integrating internal transformation with cutting-edge customer technologies and continuing to enhance the compan

    1/7/25 4:05:00 PM ET
    $AIOT
    Telecommunications Equipment
    Telecommunications

    Powerfleet Appoints Deloitte & Touche as Independent Auditor

    Reiterates Revenue and Adjusted EBITDA Guidance for Twelve Months Ending March 31, 2024 and 2025 WOODCLIFF LAKE, N.J., July 25, 2024 /PRNewswire/ -- Powerfleet, Inc. (NASDAQ:AIOT) today announced that, on July 19, 2024, the audit committee of Powerfleet's board of directors approved the appointment of Deloitte & Touche, the incumbent auditor of MiX Telematics Ltd., as its independent registered public accounting firm for the fiscal year ending March 31, 2025 subject to satisfactory completion of Deloitte & Touche's client acceptance procedures, which are in the process of being completed.

    7/25/24 7:00:00 AM ET
    $AIOT
    $PWFL
    Telecommunications Equipment
    Telecommunications

    $AIOT
    Large Ownership Changes

    This live feed shows all institutional transactions in real time.

    View All

    Amendment: SEC Form SC 13G/A filed by PowerFleet Inc.

    SC 13G/A - Powerfleet, Inc. (0001774170) (Subject)

    11/14/24 4:01:32 PM ET
    $AIOT
    Telecommunications Equipment
    Telecommunications

    Amendment: SEC Form SC 13G/A filed by PowerFleet Inc.

    SC 13G/A - Powerfleet, Inc. (0001774170) (Subject)

    11/14/24 12:14:32 PM ET
    $AIOT
    Telecommunications Equipment
    Telecommunications

    Amendment: SEC Form SC 13G/A filed by PowerFleet Inc.

    SC 13G/A - Powerfleet, Inc. (0001774170) (Subject)

    11/4/24 4:52:01 PM ET
    $AIOT
    Telecommunications Equipment
    Telecommunications

    $AIOT
    Financials

    Live finance-specific insights

    View All

    Powerfleet Reports Q2 FY26 Financial Results with 7% Quarterly Sequential Increase in Total Revenue

    Total revenue of $111.7 million, an increase of 45% in total and 9% organically year-over-year from $77.0M in Q2 FY25. Services revenue of $89.3 million, an increase of 57% in total and 12% organically year-over-year from $56.7 million in Q2 FY25. Gross profit of $62.6 million, an increase of 11% sequentially from $56.5 million in Q1 FY26. Raising FY26 total revenue guidance to $435-$445 million from $430-$440 million. WOODCLIFF LAKE, N.J., Nov. 10, 2025 /PRNewswire/ -- Powerfleet, Inc. ("Powerfleet" or the "Company") (NASDAQ:AIOT) reported its financial results for the second quarter ended September 30, 2025.

    11/10/25 7:00:00 AM ET
    $AIOT
    Telecommunications Equipment
    Telecommunications

    Powerfleet Sets Second Quarter Fiscal 2026 Conference Call for Monday, November 10, 2025, at 8:30 a.m. ET

    WOODCLIFF LAKE, N.J., Oct. 27, 2025 /PRNewswire/ -- Powerfleet, Inc. (NASDAQ:AIOT) today announced that it will hold a conference call on Monday, November 10, 2025, at 8:30 a.m. Eastern time (5:30 a.m. Pacific time) to discuss results for the second quarter fiscal 2026 ended September 30, 2025. Financial results will be issued in a press release prior to the call. Powerfleet management will host the presentation, followed by a question-and-answer session. Date: Monday, November 10, 2025Time: 8:30 a.m. Eastern time (5:30 a.m. Pacific time)Toll Free: 888-506-0062International: 9

    10/27/25 8:00:00 AM ET
    $AIOT
    Telecommunications Equipment
    Telecommunications

    Powerfleet Drives SaaS Flywheel in Q1 FY2026: 6% Sequential Services Growth, Margin Expansion, and Strong Progress Towards Achieving its EBITDA Expansion Targets

    Quarterly services revenue jumped by 6% sequentially to $86.5 million, increasing from $81.8 million in Q4'25. Total revenue grew by 38% year-over-year to $104.1million driven by strength in services revenue, which increased to a record high of 83% of total revenue. Adjusted EBITDA increased by 58% to $21.6 million, with adjusted EBITDA margin expanding 260 basis points to 21%. Gross profit increased year over year by $16.8 million to $56.5 million, with adjusted EBITDA gross margins expanding by 3% to 67%. The EBITDA expansion program delivered $11 million in annual savings exiting the first quarter of FY26, achieving 60% of the full-year target of $18 million. FY26 total revenue guidance r

    8/11/25 7:00:00 AM ET
    $AIOT
    Telecommunications Equipment
    Telecommunications