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Sequans Monarch LTE-M/NB-IoT Module Powers the Next-Generation Building36 Connected Thermostat

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Sequans Communications S.A. (NYSE: SQNS) announces that Building36, an Alarm.com company, has chosen Sequans Monarch® 2 GM02S module to power its new Smart Thermostat HQ. The thermostat, launched on October 2, 2024, features cellular connectivity, eliminating WiFi-related issues. Key features include:

  • One-step customer setup
  • Built-in smart home hub
  • Near-instant connection

The Monarch module's ultra-low power consumption and robust LTE-M/NB-IoT connectivity ensure reliable communication and enhanced energy management. This collaboration aims to simplify installation for HVAC contractors and provide homeowners with a more reliable, energy-efficient smart home experience.

Sequans Communications S.A. (NYSE: SQNS) annuncia che Building36, una società di Alarm.com, ha scelto il modulo Sequans Monarch® 2 GM02S per alimentare il suo nuovo Smart Thermostat HQ. Il termostato, lanciato il 2 ottobre 2024, presenta connettività cellulare, eliminando i problemi legati al WiFi. Le caratteristiche principali includono:

  • Installazione del cliente in un solo passaggio
  • Hub per casa intelligente integrato
  • Connessione quasi istantanea

Il consumo energetico ultra-ridotto del modulo Monarch e la robusta connettività LTE-M/NB-IoT garantiscono comunicazioni affidabili e una gestione energetica migliorata. Questa collaborazione mira a semplificare l'installazione per gli appaltatori HVAC e a fornire ai proprietari di casa un'esperienza di casa intelligente più affidabile ed energeticamente efficiente.

Sequans Communications S.A. (NYSE: SQNS) anuncia que Building36, una empresa de Alarm.com, ha elegido el módulo Sequans Monarch® 2 GM02S para alimentar su nuevo termostato inteligente HQ. El termostato, lanzado el 2 de octubre de 2024, cuenta con conectividad celular, eliminando los problemas relacionados con WiFi. Las características clave incluyen:

  • Configuración del cliente en un solo paso
  • Hub de hogar inteligente integrado
  • Conexión casi instantánea

El consumo de energía ultra bajo del módulo Monarch y la robusta conectividad LTE-M/NB-IoT aseguran una comunicación fiable y una gestión energética mejorada. Esta colaboración tiene como objetivo simplificar la instalación para los contratistas de HVAC y proporcionar a los propietarios una experiencia de hogar inteligente más fiable y eficiente en energía.

Sequans Communications S.A. (NYSE: SQNS)는 Alarm.com의 자회사 Building36이 새로운 스마트 온도 조절기 HQ의 전원 공급을 위해 Sequans Monarch® 2 GM02S 모듈을 선택했다고 발표했습니다. 이 온도 조절기는 2024년 10월 2일에 출시되었으며, 셀룰러 연결성을 제공하여 WiFi 관련 문제를 제거합니다. 주요 기능은 다음과 같습니다:

  • 고객 설치 원스텝
  • 내장형 스마트 홈 허브
  • 근접 즉시 연결

모듈 Monarch의 초저전력 소비와 강력한 LTE-M/NB-IoT 연결성은 신뢰할 수 있는 통신 및 향상된 에너지 관리를 보장합니다. 이 협업은 HVAC 계약자에게 설치를 간소화하고 주택 소유자에게 더 신뢰할 수 있고 에너지 효율적인 스마트 홈 경험을 제공하는 것을 목표로 하고 있습니다.

Sequans Communications S.A. (NYSE: SQNS) annonce que Building36, une entreprise d'Alarm.com, a choisi le module Sequans Monarch® 2 GM02S pour alimenter son nouveau thermostat intelligent HQ. Le thermostat, lancé le 2 octobre 2024, dispose de connectivité cellulaire, éliminant les problèmes liés au WiFi. Les principales caractéristiques comprennent :

  • Installation cliente en une seule étape
  • Hub de maison intelligente intégré
  • Connexion quasi instantanée

La consommation d'énergie ultra basse du module Monarch et la connectivité robuste LTE-M/NB-IoT garantissent une communication fiable et une gestion énergétique améliorée. Cette collaboration vise à simplifier l'installation pour les entrepreneurs HVAC et à offrir aux propriétaires une expérience de maison intelligente plus fiable et économe en énergie.

Sequans Communications S.A. (NYSE: SQNS) kündigt an, dass Building36, ein Unternehmen von Alarm.com, das Sequans Monarch® 2 GM02S-Modul gewählt hat, um sein neues Smart Thermostat HQ mit Strom zu versorgen. Das Thermostat, das am 2. Oktober 2024 auf den Markt kommt, verfügt über mobiles Internet, das WiFi-bezogene Probleme beseitigt. Zu den Hauptfunktionen gehören:

  • Kundeneinrichtung in einem Schritt
  • Integrierte Smart-Home-Zentrale
  • Nahezu sofortige Verbindung

Der ultraniedrige Energieverbrauch des Monarch-Moduls und die robuste LTE-M/NB-IoT-Konnektivität gewährleisten zuverlässige Kommunikation und eine verbesserte Energieverwaltung. Diese Zusammenarbeit zielt darauf ab, die Installation für HVAC-Contractoren zu vereinfachen und Hausbesitzern ein zuverlässigeres, energieeffizientes Smart-Home-Erlebnis zu bieten.

Positive
  • Partnership with Building36 expands Sequans' market presence in smart home devices
  • Monarch module's features address key connectivity issues in smart thermostats
  • Product launched on October 2, 2024, indicating immediate market availability
Negative
  • None.

Insights

Building36's selection of Sequans' Monarch 2 GM02S module for their Smart Thermostat HQ is a strategic move in the IoT space. The cellular connectivity approach addresses common WiFi-related issues, potentially expanding the market reach to areas with poor broadband coverage. The one-step setup and built-in smart home hub features are significant differentiators, streamlining installation and enhancing user experience.

From a technical perspective, Sequans' Monarch module's ultra-low power consumption is important for IoT devices like thermostats, potentially extending battery life and reducing maintenance needs. The LTE-M/NB-IoT connectivity offers improved coverage and penetration compared to traditional cellular networks, which is vital for in-building IoT applications.

While this partnership showcases Sequans' growing presence in the IoT market, it's important to note that the thermostat market is highly competitive. The success of this product will depend on factors such as pricing, distribution channels and integration with other smart home ecosystems. Investors should monitor market reception and adoption rates to gauge the potential impact on Sequans' revenue stream.

The collaboration between Sequans and Building36 taps into the growing smart home market, which is projected to reach $205.61 billion by 2026, with a CAGR of 11.6%. The Smart Thermostat HQ's unique features address key pain points in the HVAC industry, potentially driving adoption among contractors and homeowners.

The product's cellular connectivity and simplified setup could lead to increased installation rates and customer satisfaction, potentially boosting market share. However, the success will largely depend on Building36's distribution network and marketing efforts, as well as competition from established players like Nest and Ecobee.

For Sequans, this partnership represents an opportunity to expand its footprint in the lucrative smart home sector. If successful, it could lead to increased module sales and potentially attract other IoT device manufacturers. Investors should monitor the product's market performance and any subsequent partnerships in the smart home space as indicators of Sequans' growth potential in this sector.

Paris, France--(Newsfile Corp. - October 8, 2024) - Sequans Communications S.A. (NYSE: SQNS), a leading 4G/5G IoT semiconductor company, announces today that Building36, an Alarm.com company and innovator in smart home solutions, has selected Sequans Monarch® 2 GM02S module to connect its latest thermostat, the Smart Thermostat HQ.

The new Smart Thermostat HQ, equipped with Sequans Monarch module, offers unparalleled connectivity and performance, redefining ease of installation for HVAC contractors. Monarch, known for its ultra-low power consumption and robust LTE-M/NB-IoT connectivity, ensures that Building36's thermostat provides reliable and seamless communication, enhancing user experience and energy management while eliminating common connectivity issues.

Key features of the Smart Thermostat HQ powered by Sequans Monarch technology include:

  1. Cellular Connectivity: The thermostat connects via a reliable cellular network, eliminating issues like weak WiFi signals and forgotten passwords.
  2. One-Step Customer Setup: Contractors simply enter the homeowner's mobile number, and the system seamlessly creates their account and connects automatically.
  3. Built-in Smart Home Hub: Enables easy expansion to other IoT devices without additional hardware.
  4. Near-Instant Connection: Allows for quick installation and setup, boosting technician productivity.

"We are thrilled to integrate Sequans Monarch module into our Smart Thermostat HQ," said Dan Goodman, President and Founder of Building36. "This collaboration enables us to offer HVAC contractors a game-changing solution that simplifies installation and enhances connectivity. For homeowners, it means a more reliable, energy-efficient smart home experience with seamless expansion capabilities. It's a win-win that truly sets the Smart Thermostat HQ apart in the market."

"Sequans is excited to partner with Building36 to bring our Monarch technology to their innovative Smart Thermostat HQ," said Georges Karam, CEO of Sequans Communications. "Our cellular IoT technology is designed to deliver the best in connectivity and energy efficiency, enabling Building36 to offer a product that simplifies installation and enhances reliability for both contractors and homeowners."

The Smart Thermostat HQ has been available through authorized HVAC partners since October 2, 2024. For more information, visit www.building36.com.

About Sequans

Sequans Communications S.A. (NYSE: SQNS) is a leading semiconductor company specialized in wireless cellular technology for the Internet of Things (IoT). Our engineers design and develop innovative, secure, and scalable technologies that power the next generation of connected devices. We offer a wide range of solutions, including chips, modules, IP and services. Our LTE-M/NB-IoT, 4G LTE Cat 1bis, and 5G NR RedCap/eRedCap platforms are optimized for IoT, delivering breakthroughs in wireless connectivity, power efficiency, security, and performance. Established in 2003, Sequans is headquartered in France and has a global presence with offices in the United States, United Kingdom, Israel, Hong Kong, Singapore, Finland, Taiwan, and China.

About Building36

Building36 is the Smarter HVAC Maintenance Plan. We offer innovative smart thermostats, sensors, and connected home solutions that enhance comfort and convenience for homeowners while positioning HVAC dealers as indispensable partners. Building36's 24/7 monitoring and proactive alerts ensure optimal system performance, fostering strong homeowner loyalty. This increased customer retention helps HVAC dealers maintain their client base, reducing their exposure to competitive pressures and lowering new customer acquisition costs.

About Alarm.com

Alarm.com is the leading platform for the intelligently connected property. Millions of consumers and businesses depend on Alarm.com's technology to manage and control their property from anywhere. Our platform integrates with a growing variety of Internet of Things (IoT) devices through our apps and interfaces. Our security, video, access control, intelligent automation, energy management, and wellness solutions are available through our network of thousands of professional service providers in North America and around the globe. Alarm.com's common stock is traded on Nasdaq under the ticker symbol ALRM. For more information, please visit alarm.com.

Sequans investor relations: Kim Rogers (USA), +1 385.831.7337, ir@sequans.com
Sequans media relations: Linda Bouvet (France), +33 170721600 media@sequans.com

Building36 media relations: Joe Lovett (USA) +1 781-474-0500 info@building36.com

To view the source version of this press release, please visit https://www.newsfilecorp.com/release/225961

FAQ

What is the stock symbol for Sequans Communications?

The stock symbol for Sequans Communications is NYSE: SQNS.

When was the Building36 Smart Thermostat HQ with Sequans Monarch module launched?

The Smart Thermostat HQ was launched and made available through authorized HVAC partners on October 2, 2024.

What are the key features of the Smart Thermostat HQ powered by Sequans Monarch technology?

Key features include cellular connectivity, one-step customer setup, a built-in smart home hub, and near-instant connection for quick installation and setup.

How does the Sequans Monarch module benefit the Smart Thermostat HQ?

The Sequans Monarch module provides ultra-low power consumption and robust LTE-M/NB-IoT connectivity, ensuring reliable communication, enhanced energy management, and eliminating common WiFi-related connectivity issues.

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