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Sequans at Mobile World Congress 2024

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Sequans Communications (NYSE: SQNS) will showcase new 5G NR and 5G RedCap products at Mobile World Congress, including Taurus 5G NR for broadband IoT, Cassiopeia for LTE Cat 4 networks, and upcoming Taurus LT for cellular IoT applications. Additionally, Calliope 2 offers LTE Cat 1bis for industrial IoT, while Monarch 2 provides LTE-M/NB-IoT dual-mode modules with advanced features. New devices based on Monarch 2 technology will also be displayed, highlighting Sequans' innovation in cellular IoT connectivity solutions.
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The introduction of Sequans Communications' new products, such as the Taurus 5G NR chipset and the Cassiopeia CA410 module, represents a significant advancement in the field of cellular IoT connectivity, potentially affecting both the company's market position and the broader IoT industry. The Taurus 5G NR's capability to deliver 1 Gbps speed for broadband IoT applications is a noteworthy development, suggesting an increased capacity for handling high data demands in applications like video surveillance and industrial IoT. This could lead to increased demand for Sequans' products among manufacturers seeking to incorporate high-speed connectivity into their devices.

Moreover, the Cassiopeia CA410's ability to support both private and public networks might appeal to utility companies looking to modernize energy distribution networks. The flexibility offered by this multi-band module could result in a competitive edge for Sequans, as it allows for a single solution to cater to various deployment scenarios. The potential impact on the stock market could be positive if these products gain traction, leading to increased sales and potential partnerships.

Sequans Communications' strategy to showcase its new products at the Mobile World Congress is a strategic move to capture the attention of potential customers and partners. The 5G NR RedCap technology, which offers a reduced capability 5G solution with LTE fallback, is particularly interesting as it provides a more affordable entry point to 5G for devices that do not require full 5G capabilities. This could expand the market for 5G-enabled devices by making them accessible to a broader range of applications and use cases.

Furthermore, the Monarch 2 modules, with their low power consumption and global band support, are well-positioned to meet the growing demand for long battery life and international deployment capabilities in IoT devices. The display of new devices based on Sequans' technology at the congress could serve as a strong endorsement of the company's products, potentially leading to increased investor confidence and stock value if market reception is positive.

Sequans Communications' unveiling of new chipsets and modules could be a precursor to future revenue growth, especially if these products address unmet needs in the market. The emphasis on low power consumption and eSIM integration aligns with current trends in IoT, where device longevity and ease of deployment are critical. Financially, the success of these products could lead to improved margins if they command a premium due to their advanced features or if they enable Sequans to capture a larger market share.

Investors should monitor the adoption rate of these products post-launch, as it could serve as an indicator of Sequans' ability to innovate and compete effectively. Additionally, partnerships with companies like GE Vernova and Anterix could provide cross-selling opportunities and strengthen Sequans' business ecosystem, potentially influencing the company's stock performance in the medium to long term.

New products include 5G NR and 5G RedCap

Paris, France--(Newsfile Corp. - February 23, 2024) - Sequans Communications (NYSE: SQNS), leader in 4G/5G cellular IoT connectivity solutions, will be showcasing its newest chips and modules along with new Sequans-powered customer devices at Mobile World Congress, Barcelona, next week, February 26-29. Sequans' extensive experience in cellular IoT is reflected in its comprehensive product portfolio, covering NB-IoT/LTE-M up to 5G NR, and in its advanced features, which include industry-leading low power consumption, support for integrated eSIM, and global deployment capability. Here is an overview of what you will see from Sequans in hall 5, stand 5H40.

NEW PRODUCTS

5G Broadband: Taurus 5G NR
Taurus 5G NR is the industry's first chipset perfectly dimensioned for broadband IoT with 1 Gbps speed. Taurus supports sub-6GHz radio (FR1) in both standalone and non-standalone 5G NR with 4G LTE fallback. It is an ideal solution for cost-effective 5G broadband applications, including fixed wireless access, portable hotspots, mobile computing, video surveillance and industrial IoT.

LTE Cat 4 Private and Public Networks: Cassiopeia
The Cassiopeia CA410 module combines support for 900 MHz and CBRS spectrum with USA public mobile network operator bands in a single, integrated solution. The multi-band module is designed for utilities and their OEMs who want to modernize their energy distribution networks. The solution gives them the flexibility to operate a private LTE network supporting 900 MHz and CBRS with the option to connect to commercial networks. Built in collaboration with Anterix and key collaborators GE Vernova, 4RF and RAD, the module is unique in the industry.

COMING SOON

5G RedCap: Taurus LT
A new chip will enrich Sequans portfolio by supporting 5G NR RedCap (reduced capability) with fallback to LTE Cat 4. Taurus LT will expand the possibilities of cellular IoT applications and provide an affordable future-proof path to applications using LTE Cat 4 today.

IN PRODUCTION

LTE Cat 1bis: Calliope 2
Supporting the optimized LTE Cat 1bis standard and designed for industrial IoT, this cost-efficient IoT technology offers seamless operation on any LTE network in any country while supporting speeds up to 10 Mbps. Ideal for trackers, security and alarm systems, payment systems, and industrial equipment, the Calliope 2 platform delivers a high level of reliability and security with support for VoLTE (voice over LTE).

LTE-M/NB-IoT: Monarch 2
Monarch 2 GM02S is a dual mode LTE-M/NB-IoT module that can dynamically switch between LTE-M and NB-IoT on demand and delivers highly advanced features, including industry-lowest power consumption at 1uA in deep sleep mode, global band support, a certified EAL5+ secure enclave for integrated eSIM, and an open SDK for customer applications. A variant, Monarch 2 GM02SP, supports GNSS, and Monarch 2 SiP features corrosion-free packaging, ideal for gas and water smart meters, and an ultra-small package. Monarch 2 modules are among the most widely deployed LTE-M solutions in the world today.

NEW PRODUCTS ON DISPLAY

New devices based on Sequans Monarch 2 LTE-M/NB-IoT technology that have never been displayed in public before will be in our showcase. These include a water meter from a leading smart meter maker, an overhead fault indicator from a leader in smart grid solutions, a fleet management solution from a global leader in connected transportation solutions, and two new wellness devices from a leader in ehealth solutions.

For more detailed product information, please visit the Products & Solutions section of our website.

About Sequans
Sequans Communications S.A. (NYSE: SQNS) is a leading developer and supplier of cellular IoT connectivity solutions, providing chips and modules for 5G/4G massive and broadband IoT. For 5G/4G massive IoT applications, Sequans provides a comprehensive product portfolio based on its flagship Monarch LTE-M/NB-IoT and Calliope Cat 1 chip platforms, featuring industry-leading low power consumption, a large set of integrated functionalities, and global deployment capability. For 5G/4G broadband IoT applications, Sequans offers a product portfolio based on its Cassiopeia Cat 4/Cat 6 4G and high-end Taurus 5G chip platforms, optimized for low-cost residential, enterprise, and industrial applications. Founded in 2003, Sequans is based in Paris, France with additional offices in the United States, United Kingdom, Israel, Hong Kong, Singapore, Finland, Taiwan, and China. Visit Sequans online at www.sequans.com, and follow us on Facebook, Twitter and Linked-In.

Sequans media relations: Kimberly Tassin (USA), +1.425.736.0569, kimberly@sequans.com
Sequans investor relations: Kim Rogers (USA), +1 385.831.7337, kim@haydenir.com

To view the source version of this press release, please visit https://www.newsfilecorp.com/release/198933

FAQ

What new products will Sequans Communications showcase at Mobile World Congress?

Sequans Communications will showcase new 5G NR and 5G RedCap products at Mobile World Congress, including Taurus 5G NR for broadband IoT, Cassiopeia for LTE Cat 4 networks, and upcoming Taurus LT for cellular IoT applications.

What is the industry's first chipset perfectly dimensioned for broadband IoT with 1 Gbps speed?

Taurus 5G NR is the industry's first chipset perfectly dimensioned for broadband IoT with 1 Gbps speed.

What does the Cassiopeia CA410 module combine support for?

The Cassiopeia CA410 module combines support for 900 MHz and CBRS spectrum with USA public mobile network operator bands.

What is the upcoming chip that will enrich Sequans portfolio by supporting 5G NR RedCap?

The upcoming chip that will enrich Sequans portfolio by supporting 5G NR RedCap is Taurus LT.

What does the Calliope 2 platform offer for industrial IoT applications?

The Calliope 2 platform offers optimized LTE Cat 1bis standard for industrial IoT applications, supporting speeds up to 10 Mbps.

What features does the Monarch 2 GM02S module deliver?

The Monarch 2 GM02S module delivers highly advanced features, including industry-lowest power consumption at 1uA in deep sleep mode and a certified EAL5+ secure enclave for integrated eSIM.

What new devices based on Sequans Monarch 2 technology will be displayed at Mobile World Congress?

New devices based on Sequans Monarch 2 technology that have never been displayed in public before will be showcased at Mobile World Congress.

Sequans Communications S.A. American Depositary Shares (each representing ten (10) Ordinary Shares)

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