Inseego Corp (INSG) Exchange: NASDAQ

Inseego Corp (INSG) is a global industry leader that develops and delivers cutting-edge hardware, software, and services for 5G and IoT markets. In business since 1999 and headquartered in San Diego, California, the company is known for its cost-effective mobility and IoT products and cloud services offerings. The company has a global footprint serving over 40 countries, featuring products including asset trackers, in-vehicle routers, mobile hotspots, 5G fixed wireless access products and cloud services. INSG has experienced energetic growth since its inception, with a 60% compounded annual growth rate since their 2014 initial public offering and a series of strategic acquisitions since then. Inseego has achieved profitability in many of their core markets by leveraging their strong SD-WAN, managed network and security services. Over the past two years, the company has achieved over 200% growth in their 5G-related business due to increased 5G operators and device makers – complementing the company’s existing successful portfolio of LTE products. INSG also continues to expand their core skillsets, such as their recently announced partnership with Amazon Web Services to strengthen their Internet of Things and cloud computing capabilities. Inseego is looking to continue their momentum into 2021, with many exciting new products and services expected to be rolled out in the coming years. With a strong track record of sustained growth, cost and operational efficiencies, and a broad scope of technologies, Inseego Corp is well-positioned to continue to serve and expand their presence in 5G and IoT markets across the globe.