KORE Announces Collaboration with GroundWorx

KORE

KORE, a global leader in Internet of Things (“IoT”) Solutions and worldwide IoT Connectivity-as-a-Service (“IoT CaaS”), announced today its collaboration with GroundWorx, a wireless innovations and water conservation company, to provide the technology support for the company’s Ground & Weather Intelligence Platform as a Service.

For organizations globally, sustainable water management is an environmental goal and demonstrates good stewardship. For use by industries, especially agriculture, turf management, hotel and resorts, school and universities, and government services, e.g., municipal parks and smart communities and cities, GroundWorx has developed its GX-1 Soil Sensor that is easily installed by embedding in the ground where soil monitoring is desired. The soil sensor pairs with the GX-1 Micro Weather Station and an analytics dashboard.

KORE initially helped power the solution through the development of firmware, device certification and continues in its support through comprehensive, global connectivity. This collaboration enables organizations worldwide to easily manage water and electricity usage reducing strain on resources while providing an opportunity to lower overall costs.

“Water accessibility and sustainability are major challenges across the globe. Working with an innovative organization that is implementing IoT to help solve some of the most pressing environmental problems is a privilege for us. Our focus as a company is to make it easy for our customers to leverage and scale IoT capabilities to help solve issues, such as the global water crisis. GroundWorx is a user-friendly approach to water conservation and optimization, and we are thrilled to collaborate on this initiative.”

Romil Bahl, KORE President and CEO

The soil sensor collects data to report on soil moisture, temperature, and salinity and integrates with irrigation systems. This proactive approach to soil condition monitoring allows end users to water only when needed.

“We’ve seen all of our customers decrease water usage by 30% with very little effort.”

Brad David, GroundWorx Co-Founder, Chairman and CEO

KORE has been critical in simplifying and streamlining the ability to implement GroundWorx solutions globally.

“With the help of KORE, we are able to ship these around the world. [Customers] open them up, take them out of the packaging, and they work.”

Diego Borrego, GroundWorx CTO

California Avocado Farm and High-End Golf Resort:  Save millions of gallons of water monthly, increase employee efficiency and cost savings

John Haskett, owner of Lucky Charm Farms in San Diego, has implemented the GroundWorx solution at his avocado farm.

“California has a critical issue with water, and avocado trees are pretty voracious about their appetite for water. The traditional methods of watering avocado trees typically center largely on guesswork, and with the water bills very costly – in the tens of thousands of dollars range – we needed to find a better method of watering.”

John Haskett, owner of Lucky Charm Farms

In exploring options, the ease of use, installation, and comprehensive readings were key drivers in adopting the GroundWorx solution. The GroundWorx method of “dig and drop” installation and immediate pairing to smartphone devices allowed Lucky Charm Farms to continue operations with no shutdown during implementation and quickly reap the benefits of the system.

“These sensors take 144 readings a day. With greater data collection and enhanced analytics with thresholds built in our employees avoid watering too little or too much.”

John Haskett, owner of Lucky Charm Farms

David Yanez, Director of Agronomy at the Fairmont Grand Del Mar in San Diego, is leveraging the GroundWorx system to optimize water use for golf course fairways.

“The price for potable water has probably increased 300% in 10 years. And the challenge is providing the best quality course and playing conditions while using the right amount of water.”

David Yanez, Director of Agronomy at the Fairmont Grand Del Mar

Prior to the GroundWorx system, Yanez – much like many other golf course superintendents – was using a portable digital tool that takes individual soil samples at the surface. This solution was more labor intensive and not nearly as comprehensive as having multiple GroundWorx sensors embedded in the root zone that take numerous automatic readings per day.

Immediately, the data derived can be leveraged to make informed watering decisions. Yanez said, for example, he’s been able to better determine when he can skip irrigation cycles, which has realistically saved millions of gallons of water per month.

Cautionary Note on Forward-Looking Statements
This press release includes certain statements that are not historical facts but are forward-looking statements for purposes of the safe harbor provisions under the United States Private Securities Litigation Reform Act of 1995. Forward-looking statements generally are accompanied by words such as “believe,” may,” “will,” “estimate,” “continue,” “anticipate,” “intend,” “expect,” “should,” “would,” “plan,” “predict,” “potential,” “seem,” “seek,” “future,” “outlook,” and similar expressions that predict or indicate future events or trends or that are not statements of historical matters. These forward-looking statements include, but are not limited to, statements regarding KORE’s future product or service offerings, projections of market opportunity and conditions, and related expectations. These statements are based on various assumptions and on the current expectations of KORE’s management. These forward-looking statements are provided for illustrative purposes only and are not intended to serve as and must not be relied on by any investor or other person as, a guarantee, an assurance, a prediction or a definitive statement of fact or probability. Actual events and circumstances are difficult or impossible to predict and will differ from assumptions. Many actual events and circumstances are beyond the control of KORE. These forward-looking statements are subject to a number of risks and uncertainties, including general economic, financial, legal, political and business conditions and changes in domestic and foreign markets; the potential effects of COVID-19; risks related to the rollout of KORE’s business and the timing of expected business milestones; risks relating to the integration of KORE’s acquired companies, changes in the assumptions underlying KORE’s expectations regarding its future business; the effects of competition on KORE’s future business; and the outcome of judicial proceedings to which KORE is, or may become a party. If the risks materialize or assumptions prove incorrect, actual results could differ materially from the results implied by these forward-looking statements. There may be additional risks that KORE presently does not know or that KORE currently believes are immaterial that could also cause actual results to differ materially from those contained in the forward-looking statements. In addition, forward-looking statements reflect KORE’s expectations, plans or forecasts of future events and views as of the date of this press release. KORE anticipates that subsequent events and developments will cause these assessments to change. However, while KORE may elect to update these forward-looking statements at some point in the future, KORE specifically disclaims any obligation to do so. These forward-looking statements should not be relied upon as representing KORE’s assessments as of any date subsequent to the date of this press release. Accordingly, undue reliance should not be placed upon the forward-looking statements.

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KORE, the global leader in IoT, helps simplify the complexity of IoT with streamlined, comprehensive solutions to empower organizations to deploy, manage, and scale IoT.
KORE, the global leader in IoT, helps simplify the complexity of IoT with streamlined, comprehensive solutions to empower organizations to deploy, manage, and scale IoT.