• Live Feeds
    • Press Releases
    • Insider Trading
    • FDA Approvals
    • Analyst Ratings
    • Insider Trading
    • SEC filings
    • Market insights
  • Analyst Ratings
  • Alerts
  • Subscriptions
  • 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
  • Settings
  • RSS Feeds
Dashboard
    Quantisnow Logo

    © 2025 quantisnow.com
    Democratizing insights since 2022

    Services
    Live news feedsRSS FeedsAlerts
    Company
    AboutQuantisnow PlusContactJobs
    Legal
    Terms of usePrivacy policyCookie policy

    Powerfleet Launches Unity's AI-Driven In-Warehouse Solutions in partnership with TELUS, Unlocking Major Growth Potential

    3/10/25 8:00:00 AM ET
    $AIOT
    Telecommunications Equipment
    Telecommunications
    Get the next $AIOT alert in real time by email

    Strategic partnership leverages AI-driven technology to transform warehouse safety and efficiency across North America

    WOODCLIFF LAKE, N.J., March 10, 2025 /PRNewswire/ -- Powerfleet (NASDAQ:AIOT), a global leader in the artificial intelligence of things (AIoT) software-as-a-service (SaaS) mobile asset industry, announces the launch of advanced Unity in-warehouse solutions through its TELUS partnership, enhancing safety, workforce retention, and operational efficiency in Canada and the United States.

    Powerfleet (PRNewsfoto/Powerfleet)

    TELUS, a global leader in communications technology with over 20 million customer connections, is leveraging its network to propel Powerfleet's AI-driven solutions to its customers. This strategic partnership harnesses TELUS's industry-leading network and deep expertise in digital transformation to significantly bolster Powerfleet's AI-driven warehouse solutions as well as expand the solutions' reach.

    "The partnership with TELUS represents a tremendous growth opportunity for Powerfleet, taking this long-standing partnership to the next level" said Steve Towe, CEO of Powerfleet. "With TELUS's expansive market presence and commitment to digital transformation, we can accelerate the adoption of Unity's AI-driven safety, sustainability, compliance, and efficiency solutions across a broad range of industries. By combining TELUS's vast customer base with our cutting-edge AIoT technology, this collaboration strengthens our abilities to drive scalable revenue growth and furthers Powerfleet as a force in AIoT-driven digital transformation."

    As a recent Wall Street Journal article highlighted, safety in the warehouse is a key issue that businesses need to address, with thousands of workers injured every year, and forklifts being involved in nearly 100 deaths each year. The suite of Unity's AI-driven solutions integrates seamlessly into warehouse operations, addressing the key safety and compliance challenges while optimizing asset utilization.

    "At TELUS, innovation is at the core of our mission to revolutionize the digital landscape for businesses, and our strategic partnerships in emerging technologies, such as Powerfleet's Unity AI-driven solutions, are creating new opportunities for our enterprise customers," said Jodi Baxter, Vice-President of Wireless, IoT, and Industry Applications at TELUS. "Looking ahead, we see the convergence of AI, IoT, and 5G as catalysts for transformative change in business operations. TELUS is proud to lead this evolution together with Powerfleet, delivering substantial value and driving efficiency for organizations across North America."

    The introduction of these solutions in partnership with TELUS reflects Powerfleet's ongoing commitment to delivering cutting-edge AIoT technology to a global customer base.

    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. For more information, visit www.powerfleet.com.

    Powerfleet Investor Contacts

    Carolyn Capaccio and Jody Burfening

    LHA Investor Relations

    [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-launches-unitys-ai-driven-in-warehouse-solutions-in-partnership-with-telus-unlocking-major-growth-potential-302396481.html

    SOURCE Powerfleet

    Get the next $AIOT alert in real time by email

    Chat with this insight

    Save time and jump to the most important pieces.

    Recent Analyst Ratings for
    $AIOT

    DatePrice TargetRatingAnalyst
    More analyst ratings

    $AIOT
    Large Ownership Changes

    This live feed shows all institutional transactions in real time.

    See more
    • 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
    Press Releases

    Fastest customizable press release news feed in the world

    See more
    • Powerfleet to Attend the 20th Annual Needham Technology, Media, & Consumer Conference

      WOODCLIFF LAKE, N.J., May 2, 2025 /PRNewswire/ -- Powerfleet, Inc. (NASDAQ:AIOT) today announced that management is scheduled to attend the 20th Annual Needham Technology, Media, & Consumer 1x1 Conference on Thursday, May 8th to meet with investors to discuss how Powerfleet is enacting meaningful business change through effective data insights for its customers and underpinning their digital transformations.   ABOUT POWERFLEETPowerfleet (NASDAQ:AIOT) is a global leader in AI-powered data solutions that optimize mobile asset performance, safety, and sustainability. Powerfleet U

      5/2/25 8:00:00 AM ET
      $AIOT
      Telecommunications Equipment
      Telecommunications
    • /C O R R E C T I O N -- Powerfleet/

      In the news release, Powerfleet to Present at the 37th Annual Roth Conference, issued 12-Mar-2025 by Powerfleet over PR Newswire, we are advised by the company that the timing of the conference has changed to "PT" rather than "ET". The complete, corrected release follows: Powerfleet to Present at the 37th Annual Roth Conference WOODCLIFF LAKE, N.J., March 12, 2025 /PRNewswire/ -- Powerfleet, Inc. (NASDAQ:AIOT) today announced that management is scheduled to present at the 37th Annual Roth Conference on Tuesday, March 18th at 8:00amPT. In addition, management will meet with investors to discuss how Powerfleet is driving meaningful business transformation by leveraging effective data insigh

      3/12/25 8:00:00 AM ET
      $AIOT
      Telecommunications Equipment
      Telecommunications
    • Powerfleet to Present at the 37th Annual Roth Conference

      WOODCLIFF LAKE, N.J., March 12, 2025 /PRNewswire/ -- Powerfleet, Inc. (NASDAQ:AIOT) today announced that management is scheduled to present at the 37th Annual Roth Conference on Tuesday, March 18th at 8:00amET. In addition, management will meet with investors to discuss how Powerfleet is driving meaningful business transformation by leveraging effective data insights to support its customers' digital evolution. The link to the live webcast of the Company's presentation will be available by visiting Powerfleet's website at https://ir.powerfleet.com/events-presentations/events.

      3/12/25 8:00:00 AM ET
      $AIOT
      Telecommunications Equipment
      Telecommunications

    $AIOT
    Leadership Updates

    Live Leadership Updates

    See more
    • 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
    Insider Trading

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

    See more
    • 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
    • Chief Executive Officer Towe Steven Mark was granted 1,773,012 shares, increasing direct ownership by 268% to 2,434,766 units (SEC Form 4)

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

      4/1/25 9:21:36 PM ET
      $AIOT
      Telecommunications Equipment
      Telecommunications
    • Chief Innovation Officer Powell Michael Joseph was granted 79,114 shares (SEC Form 4)

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

      4/1/25 9:19:22 PM ET
      $AIOT
      Telecommunications Equipment
      Telecommunications

    $AIOT
    SEC Filings

    See more
    • SEC Form SCHEDULE 13G filed by PowerFleet Inc.

      SCHEDULE 13G - Powerfleet, Inc. (0001774170) (Subject)

      4/30/25 11:23:55 AM ET
      $AIOT
      Telecommunications Equipment
      Telecommunications
    • Amendment: SEC Form SCHEDULE 13D/A filed by PowerFleet Inc.

      SCHEDULE 13D/A - Powerfleet, Inc. (0001774170) (Subject)

      2/21/25 3:18:27 PM ET
      $AIOT
      Telecommunications Equipment
      Telecommunications
    • Amendment: SEC Form SCHEDULE 13G/A filed by PowerFleet Inc.

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

      2/14/25 2:24:30 PM ET
      $AIOT
      Telecommunications Equipment
      Telecommunications

    $AIOT
    Financials

    Live finance-specific insights

    See more
    • Powerfleet Reports Third Quarter 2025 Financial Results

      Q3 revenue rises to $106 million, an increase of 45% year-over-year, with service revenuerepresenting 77% of total revenue Adjusted EBITDA climbs to $22 million, an increase of 77%, driving an annual run ratesurpassing $85 million— doubling 2024 adjusted EBITDA FY25 full year guidance increased $10 million for revenue and $2.5 million for adjustedEBITDA Meaningful increase in adjusted gross margin performance, with total adjusted grossmargins now above 60%, and adjusted service gross margins approaching 70%  Post-M&A integration ahead of schedule, priming for double digit growth trajectory in FY26 WOODCLIFF LAKE, N.J., Feb. 10, 2025 /PRNewswire/ -- Powerfleet, Inc. (NASDAQ:AIOT) reported its

      2/10/25 7:00:00 AM ET
      $AIOT
      Telecommunications Equipment
      Telecommunications
    • Powerfleet Sets Third Quarter Fiscal 2025 Conference Call for Monday, February 10, 2025, at 8:30 a.m. ET

      WOODCLIFF LAKE, N.J., Jan. 24, 2025 /PRNewswire/ -- Powerfleet, Inc. (NASDAQ:AIOT) today announced that it will hold a conference call on Monday, February 10, 2025, at 8:30 a.m. Eastern time (5:30 a.m. Pacific time) to discuss results for the third quarter fiscal 2025 ended December 31, 2024. 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, February 10, 2025Time: 8:30 a.m. Eastern time (5:30 a.m. Pacific time)Toll Free: 888-506-0062International: 973

      1/24/25 8:00:00 AM ET
      $AIOT
      Telecommunications Equipment
      Telecommunications
    • Powerfleet Reports Second Quarter 2025 Financial Results

      Q2 FY25 revenue up 7%, to $77.0 million, and Adjusted EBITDA up 41%, to $14.5 million year-over-year, demonstrating continued strong execution of the immediate business objectives post-MiX combination. First half FY25 results exceeded expectations with revenue up 9%, to $152.4 million and Adjusted EBITDA up 46% year-over -year, to $28.2 million.  50% of the planned two-year annualized cost synergy target of $27 million secured within 6 months of the close of the MiX combination. WOODCLIFF LAKE, N.J., Nov. 12, 2024 /PRNewswire/ -- Powerfleet, Inc. (NASDAQ:AIOT) reported its financial results for the second quarter ended September 30, 2024. This marks the second full quarter following the clos

      11/12/24 7:00:00 AM ET
      $AIOT
      Telecommunications Equipment
      Telecommunications