HOUSTON, TX (July 27, 2021) — Infrastructure Networks, Inc. (“iNet”), a leading remote communications and IoT solutions provider to critical infrastructure industries in the Continental U.S., announced today that it has
entered into a new credit facility with Pacific Western Bank Business Finance.
“We are delighted to be entering into a business relationship with Pacific Western Bank.”, said Nick Anderson, iNet’s chief financial officer. “They have been great to work with throughout the process of establishing our new
credit facility, the proceeds from which will provide iNet with additional resources to pursue key strategic growth initiatives and success-based capital projects.”
“We are pleased to be delivering financing to iNet as they work to expand their services to reach a broader range of clients across the United States,” said Matt Lernor, managing director of Pacific Western Bank Business Finance. “Their depth of knowledge of the IoT solutions space is key to the future of many industries from coast to coast.”
Remote communications industry veteran brings engineering expertise to an important region. iNet announced today that Erik Persson has joined iNet as senior RF engineer – EMEA Region. Based at the Company’s offices in Stavanger, Norway, Persson will be responsible for the development of the Company’s VSAT and RF solutions across the EMEA region. “Erik is an...
Read MoreiNet’s Oyvind Folge featured in the January issue of Satellite Mobility World Oyvind Folge, iNet’s Vice President & General Manager – EMEA, was featured in the January issue of Gottleib’s Satellite Mobility World, discussing Starlink and LEOs as the future of oilfield communications. Check out the full article HERE.
Read MoreRemote communications industry veteran brings regional experience to a rapidly-evolving market. Infrastructure Networks, Inc. (“iNet”), a leading remote communications and IoT solutions provider to critical infrastructure industries, announced today that Miguel Palet has joined iNet as vice president & general manager – Latin America. Based at the Company’s headquarters in Houston, Palet will be responsible...
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