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Telensa, a manufacturer of smart streetlights, saw its revenues double year-over-year, according to The Register.
Further, the company announced that it will move production of its smart streetlights from Asia back to Wales later this year, which is where the firm's corporate headquarters is located.
The company's streetlights can be remotely controlled and monitored by cities that deploy them.
They can be connected via Sigfox or LoRa networks — two popular low-power wide area network (LPWAN) standards specifically designed to connect IoT devices.
This news gives some insight into where Telensa thinks future smart city growth will be: