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Sequans Communications S.A. (NYSE: SQNS) is a pioneering company in the development and provisioning of 4G and 5G solutions, specifically geared towards the Internet of Things (IoT) market. Founded in 2003 and headquartered in Paris, France, Sequans has established itself as a leader in cellular semiconductor solutions for both massive and broadband IoT applications. The company designs, develops, and supplies semiconductor solutions worldwide, which are integral to devices such as smartphones, tablets, USB dongles, routers, and a myriad of industrial and consumer multimedia devices.
Sequans' core business involves the production of LTE and WiMAX chips, which are supplied to original equipment manufacturers (OEMs) and original design manufacturers (ODMs) across the globe. Since its inception, the company has expanded its portfolio to include advanced 5G technologies. Notably, Sequans became a prominent player in the LTE market in 2010 when China Mobile selected its technology for the world's first TD-LTE network trial. The company's LTE solutions are now deployed in multiple networks, spanning five continents.
One of Sequans' recent achievements includes significant advancements in its IoT product line. The company's flagship Monarch LTE-M/NB-IoT and Calliope Cat 1/Cat 1bis platforms are known for their industry-leading low power consumption and comprehensive functionalities, which facilitate global deployment. These platforms power a wide range of applications, from asset tracking and smart meters to industrial IoT devices.
In 2024, Sequans announced robust financial results, highlighting a notable increase in product revenue, especially due to the ramp-up in shipments of its LTE-M/NB-IoT Monarch 2 and Cat 1 Calliope 2 products. The company also secured new strategic partnerships and received substantial funding from the French government's France 2030 initiative to develop next-generation 5G NR eRedCap chips, aimed at enhancing IoT capabilities.
Additionally, Sequans is actively exploring strategic partnerships to leverage its unique market position and 5G intellectual property. The company's commitment to innovation is evident in its continuous development of leading-edge solutions, including the Taurus 5G NR chipset, designed for broadband IoT applications that require high-speed connectivity.
Sequans' extensive product portfolio and strategic collaborations position it as a key player in the global IoT market. The company's ongoing projects and financial health signal a positive outlook, with expectations of sustained growth and new opportunities in the rapidly evolving IoT landscape.
Sequans Communications S.A. (NYSE: SQNS), a leader in 5G/4G solutions for IoT, announced participation in the B. Riley 23rd Annual Institutional Investor Conference from May 23-25, 2023, at The Beverly Hilton Hotel, Los Angeles. CEO Georges Karam and CFO Deborah Choate will hold one-on-one and small group meetings on May 24. Sequans specializes in 5G/4G chips and modules aimed at IoT applications, offering low power consumption and a broad product portfolio including Monarch LTE-M/NB-IoT and Cassiopeia platforms. Founded in 2003 and headquartered in Paris, the company has a global presence with offices in the United States, UK, Israel, and more. For meeting arrangements, contact B. Riley representatives.
SKYFive AG, Flightcell International, and Sequans Communications have launched a new Air-to-Ground (A2G) communication device aimed at enhancing broadband connectivity for aerial missions. This compact A2G modem, integrated into Flightcell's DZMx device, ensures reliable and secure communications for public safety agencies, particularly in helicopters and light aircraft. Flightcell has already shipped over 3,000 DZMx units worldwide, and rigorous testing with Australia’s Pivotel confirmed the technology's throughput and reliability. This advancement aims to overcome the limitations of existing terrestrial and satellite communication methods, enabling new applications for airborne operations.
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