Semtech Announces Integration of LoRaWAN® in ICT International’s Oyster Farming Solution

Rhea-AI Summary

Semtech Corporation (NASDAQ: SMTC) has announced its collaboration with ICT International to integrate its LoRa® devices into water quality monitoring systems for aquaculture. This partnership leverages the LoRaWAN standard, facilitating real-time data transmission on critical parameters like temperature and salinity to oyster farmers. By implementing these systems, ICT International aims to reduce oyster mortality, enhance harvest efficiency, and lower labor costs. This initiative is part of a broader $6.7 million AUD project funded by the New South Wales Department of Primary Industries.

Positive

• Integration with ICT International enhances product offerings in environmental monitoring for aquaculture.
• The LoRaWAN technology allows for real-time data transmission, improving operational efficiency for oyster farmers.
• Potential reduction in oyster mortality and labor costs could lead to higher profitability for customers.

Negative

• None.

Mounted on buoys, ICT International’s Estuary Sensor Platform utilizes Semtech’s LoRa® devices to monitor oyster health

CAMARILLO, Calif.--(BUSINESS WIRE)-- Semtech Corporation (Nasdaq: SMTC), a leading global supplier of high performance analog and mixed-signal semiconductors and advanced algorithms, announced that ICT International, an Internet of Things (IoT) solution provider for environmental applications, has integrated Semtech’s LoRa® devices and the LoRaWAN® standard into its water quality monitoring systems for aquaculture. The implementation of LoRaWAN provides long range, low power, wide area network coverage, allowing these systems to transmit measured data which includes temperature, water level/tide, water salinity, and more to oyster farmers in near real-time.

Mounted on buoys, ICT International’s Estuary Sensor Platform utilizes Semtech’s LoRa® devices to monitor oyster health (Graphic: Business Wire)

“ICT International's water quality systems leveraging LoRaWAN deliver near real-time water salinity and temperature data directly into the hands of the oyster farmers,” said Dr. Peter Cull, managing director at ICT International. “Data-based management is driving reductions in oyster mortality, increased harvest times and reduced labor costs.”

ICT International’s sensors form a part of the Estuary Sensor Platform, a tool built for oyster farmers as part of New South Wales Department of Primary Industries $6.7 million AUD Climate Smart Pilots project. The platform features centralized gateways using LoRaWAN to capture sensor data and uploads it in a Cloud-based system. The data is then visually represented through the ICT Dataview web platform, which allows farmers to view the oyster’s environmental conditions.

“The IoT is simplifying and easing workloads more than ever seen before by providing valuable data that helps to efficiently scale most work applications,” said Marc Pégulu, vice president of IoT product marketing and strategy for Semtech’s Wireless and Sensing Products Group. “ICT International’s oyster farming sensor solutions are a great example of the value of Semtech’s LoRa devices and the LoRaWAN standard to smartly monitor the earth’s resources and keep businesses working year-long.”

To learn more about ICT International’s Estuary Sensor Platform, please visit here.

To learn more about Semtech’s LoRa devices, please visit here.

About Semtech’s LoRa® Platform

Semtech’s LoRa device-to-Cloud platform is a globally adopted long range, low power solution for IoT applications, enabling the rapid development and deployment of ultra-low power, cost efficient and long range IoT networks, gateways, sensors, module products, and IoT services worldwide. Semtech’s LoRa technology provide the communication layer for the LoRaWAN® standard, which has been ratified by the International Telecommunication Union (ITU), and 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 100 countries. Semtech is a founding member of the LoRa Alliance. To learn more about how LoRa enables IoT, visit Semtech’s LoRa site.

About ICT International

ICT International is focused on the measurement of plant and environmental parameters. With a range of LoRaWAN devices, ICT International combines the best sensing technologies with IoT connectivity, ensuring the collection of high quality data for monitoring and management decision making. For over 40 years, ICT International has been working with the research and commercial sectors in over 50 countries to meet their measurement and monitoring needs. ICT International’s devices are manufactured in Armidale, New South Wales, Australia. To learn more, visit www.ictinternational.com/about-iot.

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 “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 are further addressed in Semtech Corporation’s annual and quarterly reports, and in other documents or reports, filed with the Securities and Exchange Commission (www.sec.gov) including, without limitation, information under the captions “Management’s Discussion and Analysis of Financial Condition and Results of Operations” and “Risk Factors.” 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 of Semtech Corporation or its affiliates.

SMTC-P

View source version on businesswire.com: https://www.businesswire.com/news/home/20220203005019/en/

Linh Dinh

Semtech Corporation

(805) 250-1263

ldinh@semtech.com

Source: Semtech Corporation

FAQ

What technology is being used in Semtech's aquaculture monitoring systems?

Semtech's aquaculture monitoring systems utilize LoRa® devices and the LoRaWAN® standard.

How does the collaboration with ICT International benefit oyster farmers?

The collaboration provides near real-time data on water quality, helping oyster farmers reduce mortality and optimize harvest times.

What financial backing supports the Estuary Sensor Platform project?

The project is part of a $6.7 million AUD initiative by the New South Wales Department of Primary Industries.

What key parameters can the monitoring systems track?

The systems can track temperature, water level/tide, salinity, and other important water quality metrics.