Semtech and Exeger Demonstrate Solar Harvesting Technology for Internet of Things (IoT) Sensors

Rhea-AI Summary

Semtech (SMTC) has partnered with Exeger to integrate its LoRa Edge platform with Exeger's Powerfoyle solar harvesting technology. This collaboration aims to enhance IoT tracking applications by significantly extending the battery life of devices. Powerfoyle converts various light forms into power, offering sustainable energy for asset tracking and environmental sensing. New IoT asset trackers will be showcased at EdgeTech+ 2022 in Japan. The initiative emphasizes energy independence and creates potential for solar-powered geolocation applications across multiple sectors.

Positive

• Collaboration with Exeger to enhance IoT device energy efficiency
• Powerfoyle technology significantly extends device battery life
• Expected new applications in asset tracking and environmental sensing
• Showcase of innovative solutions at EdgeTech+ 2022

Negative

• None.

Exeger’s Powerfoyle solar harvesting cell technology combined with Semtech’s LoRa Edge platform enable more efficient and sustainable IoT tracking applications.

CAMARILLO, Calif.--(BUSINESS WIRE)-- Semtech Corporation (Nasdaq: SMTC), a leading global supplier of high performance analog and mixed-signal semiconductors and advanced algorithms, announces its collaboration with Exeger, a Swedish deep-tech company manufacturing fully customizable solar cells. Combining Semtech’s LoRa Edge™ asset management platform with Exeger’s Powerfoyle solar cell technology significantly extends the battery life of asset tracking and environmental sensing devices.

Exeger’s Powerfoyle solar harvesting cell technology combined with Semtech’s LoRa Edge platform enable more efficient and sustainable IoT tracking applications. (Graphic: Business Wire)

Semtech’s LoRa Edge scans GNSS satellites as well as Wi-Fi SSIDs and partitions the processing between IoT devices and the LoRa Cloud™ to determine location. The Cloud-based solver significantly reduces power consumption and increases battery life. Exeger’s Powerfoyle is uniquely flexible and durable and can be integrated seamlessly into any electronics device. The solar cell technology converts all forms of light to charge and power devices with clean, endless energy.

“Coupling the benefits of Powerfoyle with the ultra-low power capabilities of Semtech’s LoRa® devices will provide IoT applications with an extended or even unlimited battery life,” said Dr. Oscar Hemberg, chief product integration officer at Exeger. “Together, we move one step closer to energy independence through more sustainable products powered with clean, endless energy.”

The patented Powerfoyle material integrates into IoT sensors with Semtech’s LoRa Edge chip-to-Cloud platform with the goal to create a new standard for environmentally friendly platforms for the IoT industry. Combining both technologies is expected to spur a world of new solar-powered tracking applications for geolocation use cases, including indoor and outdoor asset tracking, global supply chain logistics, agriculture, smart utilities, and smart cities.

“LoRa devices enable smart IoT applications that help solve some of the biggest challenges facing our planet,” said Marc Pégulu, vice president and general manager for Semtech’s Wireless and Sensing Products Group. “Semtech and Exeger’s collaboration will enable manufacturers to develop IoT devices leveraging new energy harvesting technology for a smarter and more sustainable future.”

New IoT asset trackers will be showcased at EdgeTech+ 2022, Nov. 16 – 18, 2022, in Yokahama, Japan, in the LoRa Pavilion, booth A-H04. Register to attend the show here.

To learn more about Exeger’s Powerfoyle, please visit here.

Further information on Semtech’s LoRa Edge platform can be found here.

About Semtech’s LoRa® Platform

Semtech’s LoRa chip-to-Cloud platform is a globally adopted long range, low power solution for IoT applications, enabling the rapid development and deployment of long range, ultra-low power and cost efficient IoT networks, gateways, sensors, module products, and IoT services worldwide. Semtech’s LoRa technology provides the communication layer for the LoRaWAN® standard, which is maintained by the LoRa Alliance®, an open IoT alliance for Low Power Wide Area Network (LPWAN) applications that has been used to deploy IoT networks in over 173 countries. Semtech is a founding member of the LoRa Alliance and produces the “The WAN Network Show” podcast to connect massive IoT end users to operators of LoRaWAN networks around the world. With the proliferation of LoRa devices and the LoRaWAN standard, the LoRa Developer Portal is a technical support platform for IoT innovators to learn, connect, collaborate, and find resources to help accelerate product development efforts and expedite time to market. To learn more about how LoRa enables IoT and creates a more sustainable and smarter planet, visit Semtech’s LoRa site.

About Exeger

Exeger is a Swedish company with a unique solar cell technology that converts all forms of light into electrical energy. This material, Powerfoyle, is the world’s only fully customizable solar cell. With its superior design properties, it can be integrated seamlessly into any electronic device. Powerfoyle enhances every product it is integrated into with extended or even unlimited battery life, putting the power of cutting-edge solar cell technology directly in the hands of people. Exeger is leading the way to energy independence through more sustainable and user-friendly products – with the vision to touch the lives of a billion people by 2030. For more information, visit www.exeger.com and www.powerfoyle.com.

About Semtech

Semtech Corporation is a leading global supplier of high performance analog and mixed-signal semiconductors and advanced algorithms for infrastructure, high-end consumer and industrial equipment. Products are designed to benefit the engineering community as well as the global community. The Company is dedicated to reducing the impact it, and its products, have on the environment. Internal green programs seek to reduce waste through material and manufacturing control, use of green technology and designing for resource reduction. Publicly traded since 1967, Semtech is listed on the NASDAQ Global Select Market under the symbol SMTC. For more information, visit www.semtech.com.

Forward-Looking and Cautionary Statements

All statements contained herein that are not statements of historical fact, including statements that use the words “will,” “goal to,” “expected to,” “designed to” or other similar words or expressions, that describe Semtech Corporation’s or its management’s future plans, objectives or goals are “forward-looking statements” and are made pursuant to the Safe-Harbor provisions of the Private Securities Litigation Reform Act of 1995, as amended. Such forward-looking statements involve known and unknown risks, uncertainties and other factors that could cause the actual results of Semtech Corporation to be materially different from the historical results and/or from any future results or outcomes expressed or implied by such forward-looking statements. Such factors include, but are not limited to: the uncertainty surrounding the impact and duration of supply chain constraints and any associated disruptions; the uncertainty surrounding the impact and duration of the COVID-19 pandemic; export restrictions and laws affecting Semtech Corporation’s trade and investments including with respect to Huawei and certain of its affiliates and other entities identified by the U.S. government, and tariffs or the occurrence of trade wars; worldwide economic and political disruptions as a result of the current conflict between Russia and Ukraine; competitive changes in the marketplace including, but not limited to, the pace of growth or adoption rates of applicable products or technologies; downturns in the business cycle; and the additional risk factors set forth in Semtech Corporation’s Annual Report on Form 10-K filed with the Securities and Exchange Commission (www.sec.gov) on March 16, 2022 as such risk factors may be updated, amended or superseded from time to time by subsequent reports that Semtech Corporation files with the Securities and Exchange Commission. Semtech Corporation assumes no obligation to update any forward-looking statements in order to reflect events or circumstances that may arise after the date of this release, except as required by law.

Semtech, the Semtech logo and LoRa are registered trademarks or service marks, and LoRa Edge and LoRa Cloud, are trademarks or service marks, of Semtech Corporation or its affiliates.

SMTC-P

View source version on businesswire.com: https://www.businesswire.com/news/home/20221110005525/en/

Tam Nguyen

Semtech Corporation

pr@semtech.com

Source: Semtech Corporation

FAQ

What is the collaboration between Semtech and Exeger about?

Semtech is partnering with Exeger to integrate its LoRa Edge platform with Exeger's Powerfoyle solar harvesting technology for enhanced IoT tracking applications.

How does Exeger's Powerfoyle technology benefit Semtech's IoT devices?

Powerfoyle extends the battery life of Semtech's IoT devices by converting multiple light forms into clean energy.

Where will the new IoT asset trackers be showcased?

The new IoT asset trackers will be showcased at EdgeTech+ 2022 in Yokohama, Japan.

What are the possible applications of the Semtech and Exeger partnership?

The partnership aims to create solar-powered tracking applications for asset tracking and environmental sensing across various sectors.

What impact does the collaboration have on sustainability?

The collaboration promotes energy independence and sustainability by utilizing clean energy for IoT devices.