Semtech Announces LoRaWAN® Integration for Smart Paddock’s Smart Cattle Tracking Solution

Rhea-AI Summary

Semtech Corporation (NASDAQ: SMTC) has announced a collaboration with Smart Paddock to implement its LoRa® devices and LoRaWAN® standard in Smart Paddock's 'Bluebell' GPS ear tags for livestock. This technology enables real-time monitoring of livestock location and behavior, addressing a key need in livestock management. Smart Paddock plans over 10,000 deployments in the next year, building on their existing 1,200 devices across Australia and New Zealand. The partnership showcases the efficiency of IoT technology in enhancing agricultural practices.

Positive

• Collaboration with Smart Paddock enhances Semtech's presence in the smart agriculture sector.
• Real-time monitoring technology can lead to improved livestock management, potentially increasing customer adoption.
• Plans for over 10,000 new deployments indicate strong demand for the 'Bluebell' GPS ear tags.

Negative

• None.

Smart Paddock’s smart GPS ear tag, “Bluebell,” remotely monitors livestock via Semtech’s LoRa® devices and the LoRaWAN® standard

CAMARILLO, Calif.--(BUSINESS WIRE)-- Semtech Corporation (Nasdaq: SMTC), a leading global supplier of high performance analog and mixed-signal semiconductors and advanced algorithms, announced its collaboration with Smart Paddock, an Australian company providing smart tags for the livestock industry that provide real-time information to producers. The collaboration features the implementation of Semtech’s LoRa® devices and the LoRaWAN® standard into Smart Paddock’s “Bluebell” smart global positioning system (GPS) ear tag to monitor livestock location in real time as well as to analyze the cattle’s behavioral data to solve real world livestock management issues.

Smart Paddock’s smart GPS ear tag, “Bluebell,” remotely monitors livestock via Semtech’s LoRa® devices and the LoRaWAN® standard (Photo: Business Wire)

"To develop Smart Paddock’s GPS livestock ear tag, we researched and evaluated all the wireless communications protocols available on the market,” said Darren Wolchyn, CEO and founder of Smart Paddock. “To meet our customer needs of a low cost ear tag that could be deployed in the thousands over large farm properties, LoRaWAN came out on top of all other technologies for its long distance capabilities."

According to Smart Paddock, the “Bluebell” smart GPS ear tags are the smallest and lightest in the industry, with over 1,200 tracking devices deployed over the last three years across farm properties in Australia and New Zealand and more than 10,000 deployments planned in the next year. “Bluebell” is an ideal network solution as the tag can support and encourage farmers to add other operational Internet of Things (IoT) sensors to their farms to monitor water level, set up electric fences that utilize an existing LoRaWAN network, among more.

“Smart Paddock’s utilization of LoRaWAN is a proven example of where IoT technology is actively shaping the future of farming to be smarter and more efficient,” said Marc Pégulu, vice president of IoT product marketing and strategy for Semtech’s Wireless and Sensing Products Group. “The unparalleled benefits of LoRa devices that both minimize expenses and reduce environmental impact of any IoT solution is promising for the field of smart agriculture.”

To learn more about Smart Paddock’s “Bluebell” and other smart solutions, please visit here.

For more smart agriculture use cases leveraging 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 provides 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 170 countries. Semtech is a founding member of the LoRa Alliance. To learn more about how LoRa enables IoT, visit Semtech’s LoRa site.

About Smart Paddock

Smart Paddock is an Australian based company that provides a livestock management platform utilizing smart GPS ear tags that provide real-time information on the health status, behaviors, and accurate GPS location of all the animals in the herd while they are still out in the paddock. Our smart tags and software will identify issues and key behaviors to alert the farmer so they can take the appropriate actions to keep their herds healthy and secure. For more information, please visit www.smartpaddock.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 “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/20220224005226/en/

Linh Dinh

Semtech Corporation

(805) 250-1263

ldinh@semtech.com

Source: Semtech Corporation

FAQ

What is the significance of Semtech's collaboration with Smart Paddock?

The collaboration enhances Semtech's role in smart agriculture, utilizing its LoRa® technology to improve livestock management.

What technology is being used in Smart Paddock's GPS ear tags?

Smart Paddock's GPS ear tags utilize Semtech's LoRa® devices and LoRaWAN® standard for real-time livestock monitoring.

How many GPS ear tags does Smart Paddock plan to deploy next year?

Smart Paddock plans to deploy over 10,000 'Bluebell' GPS ear tags in the next year.

Where are the existing GPS ear tags currently deployed?

The existing GPS ear tags are deployed across farm properties in Australia and New Zealand.