Band24 Opens Access to Terra Asset-Tracking Device
Logistics operators can now apply to test a new satellite-linked tracker designed to close visibility gaps in remote areas.
Updated on Oct. 27, 2026 in Remote Work
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Band24 has opened applications for an early-access program for its new Terra asset-tracking device, which utilizes satellite and cellular connectivity to locate equipment. This technology aims to solve visibility gaps for logistics operators as cargo theft incidents rise.
Why it matters
Operators face significant financial risk from cargo theft, which saw a 60% jump in losses to $725 million in 2025. This device seeks to mitigate losses by tracking assets in areas beyond traditional cellular reach.
CargoNet recorded 2,646 thefts in the U.S. and Canada in 2025, an 18% increase over 2024. Losses totaled $725 million, with an average value of $273,990 per theft incident.
The players
Band24
An industrial technology company developing hardware solutions for asset tracking and logistics visibility.
Hubble Network
A satellite communications company enabling low-power data transmission for standard Bluetooth devices.
CargoNet
An industry firm specializing in supply chain security and the reporting of cargo theft data.
The details
The Terra device uses a multi-network strategy that switches between Bluetooth, cellular, and satellite connectivity to maintain tracking. It incorporates GPS, Wi-Fi, and 100 million crowdsourced Bluetooth access points to pinpoint locations. The hardware features an IP68-rated enclosure and an estimated battery life of four years, with satellite connectivity provided by the six satellites currently in Hubble Network's low-Earth orbit.
Timeline
2025 saw 2,646 cargo thefts reported in the United States and Canada.
Sept. 23, 2026: Hubble Network maintained six operational satellites in orbit.
Oct. 6, 2026: Band24 officially announced the Terra device.
Nov. 13, 2026: Application deadline for the early-access program.
December 2026: Scheduled delivery for selected early-access participants.
Market Landscape
The Terra device extends the capabilities of existing Bluetooth Low Energy asset-tracking hardware by adding a satellite-native connectivity layer. It addresses a persistent industry challenge of data dead zones that standard cellular-only trackers cannot overcome.
Logistics operators should evaluate their current asset-loss exposure against the $273,990 average theft value recorded last year. Consider if your current hardware provides coverage in remote transit areas where cellular connectivity fails.
The takeaway
The move toward satellite-enabled tracking signals an effort to close the visibility gap in high-value asset transit. Operators should review their existing tracking blind spots and compare them against the performance of multi-network devices before early 2027 commercial launches.
Further reading
Learn more about the latest innovations in fleet visibility at Remote Work.
Source note: This article includes information reported by FreightWaves.
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Do you trust new tracking technologies to effectively protect your valuable equipment from theft?
