Semtech Extends LoRa Edge™ Platform to Support Seamless Worldwide Asset Tracking

Rhea-AI Summary

Semtech Corporation (SMTC) has launched the new LoRa Edge LR1120, enhancing its IoT offerings by integrating satellite-based technology for global low-power geolocation. This device enables seamless supply chain management and logistics with improved interoperability across multiple regulatory zones. Key features include multi-band LoRa capabilities and a cloud-based geolocation solver, enabling a wide range of applications from infrastructure monitoring to agriculture.

Industry experts believe this innovation could significantly transform the landscape of remote monitoring and logistics.

Positive

• Launch of LoRa Edge LR1120 enhances IoT capabilities with satellite connectivity.
• New multi-band support improves global operational efficiency in logistics.
• Cloud-based geolocation solver extends battery life and reduces deployment costs.
• Partnership interest from satellite companies like EchoStar and Lacuna.

Negative

• None.

The new LoRa Edge™ LR1120 enables satellite-based networks and simplifies terrestrial network interoperability

CAMARILLO, Calif.--(BUSINESS WIRE)-- Semtech Corporation (Nasdaq: SMTC), a leading global supplier of high performance analog and mixed-signal semiconductors and advanced algorithms, announces the addition of multi-band capabilities to its LoRa Edge™ device-to-Cloud geolocation platform. The new LoRa Edge LR1120 allows for direct satellite-connected Internet of Things (IoT) applications in supply chain management and logistics with seamless low power geolocation on a global scale.

The new LoRa Edge™ LR1120 enables satellite-based networks and simplifies terrestrial network interoperability (Graphic: Business Wire)

“Semtech’s LoRa® is targeting track and trace challenges faced by the logistics industry today with a geolocation IoT platform adapted to global transportation and mass-scale asset management,” said Marc Pégulu, vice president of IoT product marketing for Semtech’s Wireless and Sensing Products Group. “With the launch of multi-band LoRa support, coupled with LoRa Cloud™ services, it has never been easier to expand ubiquitous IoT connectivity and geolocation globally.”

With LoRa Edge LR1120, intercontinental logistics companies can leverage highly integrated, ultra-low power trackers with enhanced interoperability, more versatile connectivity for a simpler operation and global mobility across multiple regulatory regions. Additionally, the possibility to offer a low power and low cost sensor with satellite connectivity unlocks a multitude of use cases in infrastructure monitoring, agriculture and environmental monitoring that require deployment in remote areas, which tend to be very capital intensive.

According to Christopher Taylor, Director, RF & Wireless with Strategy Analytics, “Combining LoRa with small, relatively low-cost LEO satellites will change the game for LoRa and IoT. Adding satellite communication capabilities in the S-band to LoRa can help replace aging SCADA monitoring and opens up new applications and markets, especially in remote regions. So far, LoRa has attracted the interest of several satellite companies including EchoStar and Lacuna.”

Key Features of LoRa Edge LR1120:

• Multi-band LoRa capability (sub-GHz, 2.4GHz and licensed S-band for satellite) and multi-technology geolocation using GNSS for outdoor and Wi-Fi for indoor, as well as areas where satellite coverage is poor
• LoRa Cloud geolocation solver, which transfers the location processing workload from the device to the Cloud, making ‘deploy once’ battery life possible
• Supported by GPS and BeiDou constellations
• Hardware crypto engine for increased security

To learn more about the LoRa Edge platform, 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 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 170 countries. With the proliferation of LoRa devices and the LoRaWAN standard, the LoRa Developer Portal is a place to learn, connect, collaborate, and find resources to help accelerate your LoRa development process. Semtech is a founding member of the LoRa Alliance. To learn more about how LoRa enables IoT, visit Semtech’s LoRa site.

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 “possibility 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 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, and LoRa Cloud and LoRa Edge are trademark or service marks, of Semtech Corporation or its affiliates.

SMTC-P

View source version on businesswire.com: https://www.businesswire.com/news/home/20220413005082/en/

Linh Dinh

Semtech Corporation

(805) 250-1263

ldinh@semtech.com

Source: Semtech Corporation

FAQ

What is the newly launched LoRa Edge LR1120 by Semtech Corporation?

The LoRa Edge LR1120 is a device that integrates satellite technology for global low-power geolocation, enhancing IoT applications in logistics and supply chain management.

How does the LoRa Edge LR1120 improve supply chain logistics?

It provides seamless interoperability and low-power geolocation capabilities, allowing for better tracking and management across regulatory regions.

What are the key features of Semtech's LoRa Edge LR1120?

Key features include multi-band LoRa capabilities, a cloud-based geolocation solver, support for GPS and BeiDou, and enhanced security with a hardware crypto engine.

When was the LoRa Edge LR1120 announced?

The LoRa Edge LR1120 was announced in a press release dated April 13, 2022.

How does the addition of satellite connectivity benefit IoT applications?

Satellite connectivity allows for deployment in remote areas where traditional networks may be unavailable, opening new use cases in infrastructure and environmental monitoring.