# BEL signs $73M contract with Hyperion Global to supply IoT devices for US market

Bharat Electronics Limited (BEL) signed a contract with Hyperion Global Group on January 21, 2022, to develop, manufacture and supply IoT devices worth $73 million during the first year, with a potential $365 million in upgrades over five years.

- Type: Contract
- Announced: 2022-01-21
- Where: United States
- Value: $73.0M
- Status: completed
- Products: IoT devices
- Sectors: [Semiconductors and Industrial Electronics](https://endata.com/sectors/semiconductors-electronics.md)

## Companies

- [Bharat Electronics Limited](https://endata.com/companies/22318.md) (supplier)
- [Hyperion Global Group](https://endata.com/companies/60623.md) (customer)

## Sources

- [bel-india.in](https://bel-india.in/news-bel/bel-signs-73-million-contract-with-hyperion-global-for-supply-of-iot-devices-to-the-us/), 2022-01-27: "Bharat Electronics Limited (BEL), a Navratna Defence PSU, and Hyperion Global Group, LLC, an infrastructure telecommunication distribution company based in the USA, have entered into a contract to develop, manufacture and supply Internet of Things (IoT) devices for the US market."

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Data from Endata (https://endata.com/). Announcements are summarized from public sources and may be incomplete; check the linked originals.