South African team to test electric minibus taxis in 2023
GoMetro, MiX by Powerfleet, HSW, ACDC Dynamics and Stellenbosch University are forming a project team to test electric minibus taxis in South Africa. Trials near Stellenbosch and a national roadshow will assess operational suitability and support wider taxi-sector electrification.
Powerfleet launches Vision 360 Plus with TELUS
Powerfleet has launched Vision 360 Plus, an AI-powered multi-camera video SaaS solution, and has partnered with TELUS to scale distribution across North America, aiming to expand recurring SaaS revenue and enhance fleet operational visibility and safety.
Powerfleet Unity platform wins Technology Innovator Award at IMHX 2025
Powerfleet’s Unity mobile asset-management platform has won the 2025 Technology Innovator Award at IMHX for integrating warehouse and on-road visibility, AI-driven safety and driver-protection capabilities, and sustainability analytics.
Powerfleet and MTN Business Collaborate to Enhance AIoT Solutions
Powerfleet partners with MTN Business South Africa to deliver AIoT-powered data intelligence, enabling real-time operational visibility and predictive optimisation across enterprise supply chains.
Powerfleet to Present Mining Safety Solutions at AIMEX 2025
Powerfleet will exhibit its AIoT-driven mining safety technologies at AIMEX 2025, focusing on real-time risk detection and operational intelligence to enhance workplace safety.
Powerfleet Named Among Top Global Tech Innovators by ABI Research
Powerfleet has been recognised by ABI Research as a leading innovator in AIoT for supply chain, highlighting its Unity platform's market readiness and execution capability.
Powerfleet Unveils Warehouse Safety Tech at IMHX 2025
Powerfleet will present AIoT-driven warehouse safety solutions at IMHX 2025, targeting accident reduction and compliance improvement across mixed forklift fleets in UK operations.
Powerfleet Partners with SIXT Mexico for AIoT Deployment
Powerfleet will supply SIXT Mexico with AIoT-driven data solutions to improve operational control, efficiency, and cost management across its vehicle rental fleet.
Powerfleet launches AI module for real-time driver risk intervention
Powerfleet has launched an AI-powered video module in its Unity platform that detects fatigue, distraction and aggressive driving in real time, assigns dynamic risk scores and triggers alerts, coaching and escalation workflows for fleets.
Powerfleet to Present Warehouse Safety Solutions at CeMAT Australia 2025
Powerfleet will showcase AIoT-based warehouse safety technologies at CeMAT Australia 2025, addressing operational safety challenges and compliance for sectors such as retail and manufacturing.
Powerfleet Introduces AI-Driven Warehouse Solutions with TELUS
Powerfleet collaborates with TELUS to launch Unity's AI solutions, enhancing operational efficiency and safety in warehouse environments across Canada and the U.S.
Powerfleet Unity ranked leading global mobile-asset platform by ABI Research
ABI Research ranked Powerfleet’s Unity ecosystem and product portfolio first for innovation among commercial mobile-asset solution providers, citing its software, data, hardware range, AI, cybersecurity and scalability.
Powerfleet Launches Unity Operations Centre in South Africa
Powerfleet has inaugurated its Unity Operations Centre, integrating AIoT technologies to enhance fleet management efficiency and safety for clients in South Africa and beyond.
Powerfleet completes acquisition of Fleet Complete
Powerfleet has completed its acquisition of Fleet Complete, creating a combined fleet-management and connected-vehicle business with 2.6 million subscribers and forecast revenue exceeding $400 million.
Powerfleet to acquire Fleet Complete in $200 million deal
Powerfleet has agreed to acquire fleet-management provider Fleet Complete for $200 million, creating a combined business with 2.6 million subscribers and projected 2025 revenue of $405 million. The transaction is expected to expand coverage across North America, Europe and Australia.
Powerfleet Achieves Top Ranking in Cold Chain Solutions
Powerfleet has been recognised as the leading provider of cold chain monitoring solutions, according to ABI Research's assessment of the market's competitive landscape.
Powerfleet reports 10.2% revenue growth in first-quarter results
Powerfleet reported first-quarter revenue of $75.4 million, up 10.2% year on year, while adjusted EBITDA rose 52.2% to $13.7 million following its MiX Telematics combination.
Powerfleet resolves SEC accounting review and plans delayed regulatory filings
Powerfleet said the SEC has completed its review of the company’s accounting treatment of its MiX Telematics combination, allowing it to file delayed reports for the periods ended 31 March and 30 June 2024.
Powerfleet receives Nasdaq notices over delayed regulatory filings
Powerfleet received expected Nasdaq notices after failing to timely file its Form 10-KT and Form 10-Q. The telematics software company said it has responded to an SEC accounting comment and is targeting resolution in August.
Powerfleet raises fiscal 2025 guidance after preliminary results
Powerfleet expects first-quarter fiscal 2025 revenue of about $75 million and adjusted EBITDA above $13.5 million. It raised full-year guidance to revenue above $300 million and adjusted EBITDA above $60 million, while delaying filings over an SEC accounting-acquirer comment letter.
Powerfleet schedules first-quarter fiscal 2025 results call
Powerfleet will host a conference call on 8 August 2024 to discuss its first-quarter fiscal 2025 results, its first quarterly report since combining with MiX Telematics.
IMC Logistics Implements Powerfleet's Unity Data Platform
IMC Logistics has adopted Powerfleet's Unity platform to enhance data integration and operational efficiency across its marine drayage services in North America.
Powerfleet to Join Russell 2000 Index, Ticker to Change
Powerfleet, Inc. is set to join the Russell 2000 Index, with its ticker symbol changing to 'AIOT' effective from July 1, 2024, reflecting its market achievements.
Powerfleet presents inaugural customer awards at Heartbeat conference
Powerfleet presented its first Customer Awards at the Heartbeat conference in Chicago, recognising Nucor, Cardiff Bus, IMC Companies and Walmart for safety, sustainability, AIoT and operational achievements using its fleet technology.
Powerfleet Appoints Andrew Martin to Board of Directors
Powerfleet, Inc. has appointed Andrew Martin as an independent director, bringing valuable expertise to the company's growth strategy following the merger with MiX Telematics.
Powerfleet to host virtual analyst and investor fireside chat
Powerfleet will host a virtual analyst and investor fireside chat on 30 April 2024, covering its post-merger strategy with MiX Telematics, value-creation plans, EBITDA expansion and growth objectives.
Powerfleet Named Finalist in AI Excellence Awards
Powerfleet, Inc. has been recognised as a finalist in the Artificial Intelligence Excellence Awards for its Unity platform, enhancing business performance through advanced AI applications.
Powerfleet and MiX Telematics complete business combination
Powerfleet and MiX Telematics have completed their business combination, creating a global AIoT SaaS provider with more than 1.8 million subscribers and 7,500 enterprise customers.
Powerfleet Achieves Secondary Listing on Johannesburg Stock Exchange
Powerfleet, Inc. has completed a secondary listing on the JSE, aimed at leveraging South African capital markets for growth in conjunction with its merger with MiX Telematics.
Powerfleet and MiX Telematics shareholders approve business combination
Shareholders of Powerfleet and MiX Telematics have approved their proposed business combination, which is expected to close in the first week of April 2024 subject to customary conditions.
Powerfleet and MiX Telematics set shareholder votes on proposed combination
Powerfleet and MiX Telematics will hold shareholder meetings on 28 February to vote on their proposed business combination, following regulatory progress in South Africa and the US. The transaction is expected to close in early April 2024.
Powerfleet Introduces AI Solution for Pedestrian Safety
Powerfleet has launched an AI-driven Pedestrian Proximity Detection system aimed at enhancing workplace safety in warehouses and manufacturing facilities while mitigating accident risks.
Powerfleet Recognised as Leading Innovator in Telematics
Powerfleet named a top innovator in ABI Research's ranking for its advanced video solutions and SaaS offerings, enhancing fleet management and safety across global operations.
Powerfleet Partners with U.S. DOT on Road Safety Initiative
Powerfleet has joined the U.S. Department of Transportation's initiative to enhance road safety and reduce fatalities through technological advancements in fleet management.
Powerfleet and MiX Telematics announce joint investor day on proposed merger
Powerfleet and MiX Telematics will hold a joint investor day in New York on 16 November to outline the strategic rationale, integration plans, growth drivers and financial targets for their proposed business combination.
Keller North America deploys Powerfleet’s Unity fleet platform
Keller North America has deployed Powerfleet’s Unity fleet-intelligence platform and Logistics Gateway across its mixed vehicle and equipment fleet, using geofencing, analytics and resource-management tools to improve site visibility, billing accuracy and operations.
Powerfleet and MiX Telematics agree transformative business combination
Powerfleet and MiX Telematics have agreed to combine, creating a global fleet and mobile-asset software provider with about 1.7 million subscribers, $210 million in recurring SaaS revenue and an AI-enabled Unity platform.
PCS Civil Implements Powerfleet Technology for Safety
PCS Civil has adopted Powerfleet's fleet intelligence platform to enhance driver safety, improve maintenance practices, and optimise fuel efficiency across its operations.
Powerfleet Introduces Sustainability Data Application
Powerfleet has launched a Sustainability Data-Powered Application, enhancing fleet management with ESG alignments and operational efficiency for businesses.
Powerfleet reports higher services revenue and improved first-quarter EBITDA
Powerfleet reported first-quarter services revenue up 9% year on year to $20.4m, while adjusted EBITDA improved to $1.4m. The fleet-software provider also highlighted Unity sales growth and the completed acquisition of Movingdots.
Powerfleet Launches Safety and Security Application for Fleets
Powerfleet has introduced a new data-driven application to enhance safety and efficiency in fleet operations, offering comprehensive insights and improved incident management.
Powerfleet to Acquire Movingdots from Swiss Re
Powerfleet has announced the acquisition of Movingdots, enhancing its insurance telematics and mobility solutions, expected to expand its global market reach.
Kearney Utilises Powerfleet’s Fleet Intelligence Platform
Kearney Companies has adopted Powerfleet's SaaS platform to enhance vehicle safety, productivity, and data management across its operational fleet.
Energisa Enhances Fleet Operations with Powerfleet's Unity Platform
Energisa and Powerfleet deepen their partnership to boost vehicle safety and operational efficiency through advanced fleet management technologies in Brazil.
Powerfleet Names David Wilson as Chief Financial Officer
Powerfleet has appointed David Wilson as CFO, bringing over 20 years of finance experience to enhance the company’s strategic financial direction.
Powerfleet Launches Unity IoT Platform for Business Operations
Powerfleet has introduced the Unity platform, enhancing integration of IoT devices and streamlining operations through data-driven insights for businesses.
Powerfleet Appoints Offer Lehmann as Chief Operating Officer
Powerfleet, Inc. has appointed Offer Lehmann as COO to enhance global customer experience and operational strategy within the organisation.
Powerfleet Partners with ClickNow to Enhance Safety IoT Solutions
Powerfleet collaborates with ClickNow to expand its personal safety offerings, integrating advanced technology into its existing IoT platform for improved safety management.
