Gamco
2週前
Effective February 24, 2025, Sequans Communications S.A. (the “Company”) named Dr. Qiuting Huang as its Chief Technology Officer. Dr. Huang joined the Company upon its acquisition of ACP Advanced Circuit Pursuit Ltd (“ACP”) in January 2025, where he was CEO. Dr. Huang is also an emeritus professor of the Swiss Federal Institute of Technology (ETH) in Zurich, where he led pioneering research into the design of RF integrated circuits in CMOS technology (RF CMOS) and modem systems on a single chip (SoC) for cellular communications, as well as state-of-the-art analogue and digital integrated circuits for a variety of other applications, including wireline, smart power and biomedical, mostly in collaboration with industry. Dr. Huang founded ACP, a fabless developer of RF transceivers and SoCs for cellular communications, in 2001. He received his PhD degree in 1987 from the Katholieke Universiteit Leuven, Belgium, is a fellow of IEEE for contributions to integrated circuits for communications, and served for many years at the executive and technical program committees of ISSCC and ESSCIRC.
Gamco
1月前
January 30, 2025 08:15 AM Eastern Standard TimeSEATTLE & LONDON & PARIS--(BUSINESS WIRE)--Sequans, a leading provider of cellular IoT semiconductors and modules, and Soracom, a global provider of cellular IoT connectivity with full MVNO capabilities, today announced the expansion of their partnership. This collaboration aims to simplify the development of IoT projects by offering evaluation kits (EVKs) powered by Soracom’s global IoT connectivity.“The combination of Sequans’ hardware and Soracom’s connectivity creates an effective and efficient solution that can make scaling an IoT deployment easier by ensuring a smooth transition from the evaluation stage to full deployment.”Post thisIoT application developers now have access to Sequans’ leading LTE-M/NB-IoT and Cat 1bis technology, combined with Soracom’s global connectivity. The EVKs are available in two variants:LTE-M/NB-IoT (Sequans Monarch2 GM02S EVK): This second-generation LPWA technology from Sequans features ultra-low power consumption and a compact form factor, making it ideal for applications such as smart utility meters, industrial sensors, health and fitness trackers, and more.LTE Cat 1bis (Sequans Calliope2 GC02S1 EVK): Featuring Sequans’ leading Cat 1bis technology, certified in North America and Europe. It can operate on any LTE network worldwide, ideal for deployments that require global coverage with cross border connectivity, such as connected vehicles, logistics tracking systems, and telematics.Each kit comes with a Soracom global IoT SIM card preloaded with connectivity for up to 3 months, allowing users to benefit from cellular coverage in +170 territories, including LTE-M coverage in 51 territories and NB-IoT coverage in 35. This also gives them access to the Soracom suite of connectivity solutions, which offers features that can help secure a deployment, transmit data directly to cloud functions, manage IoT devices remotely, and more!"At Soracom, we are focused on helping developers and enterprises bring their IoT projects to life quickly and efficiently," said Takashi Serizawa, Head of Europe Region at Soracom. "By expanding our collaboration with Sequans and offering these EVKs with Soracom connectivity, we’re removing friction from the development process and enabling our customers to test, iterate, and scale their IoT solutions with ease."“We are thrilled to deepen our partnership with Soracom and provide developers with the tools they need to launch their IoT solutions quickly and efficiently,” said Olivier Pauzet, Sequans EVP of Marketing and Strategy. “The combination of Sequans’ hardware and Soracom’s connectivity creates an effective and efficient solution that can make scaling an IoT deployment easier by ensuring a smooth transition from the evaluation stage to full deployment.”These EVKs are available through Sequans’ presence on global distribution channels such as Digikey and Mouser.About SoracomSoracom is a technology partner to more than 20,000 startups, SMBs, and enterprises. Soracom offers robust solutions specifically designed to make it easy to build, operate, and scale IoT deployments. Customers trust Soracom for affordable, reliable connectivity that accelerates speed to market, makes it easy to connect to any cloud, and offers access to a worldwide partner ecosystem.More information is available at www.soracom.io.About SequansSequans Communications S.A. (NYSE: SQNS) is a leading semiconductor company specializing in wireless cellular technology for the Internet of Things (IoT). Sequans engineers design and develop innovative, secure, and scalable technologies that power the next generation of connected devices. It offers a wide range of solutions, including chips, modules, IP, and services. Its 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.More information is available at https://sequans.com.ContactsMedia Contacts
For Soracom:
Justine Schneider
Calysto Communications
jschneider@calysto.com
Gamco
2月前
Sequans buys Swiss IoT electronics outfit ACP to boost RedCap drive
James Blackman
By James Blackman January 21, 2025
France-based cellular IoT chip maker Sequans Communications has acquired Swiss firm Advanced Circuit Pursuit (ACP) for an undisclosed fee. ACP produces integrated circuits, radio frequency (RF) transceivers, and systems-on-chip (SoCs) for cellular IoT and 5G mobile broadband modules. The deal will help Sequans’ reduced-capability 5G (5G RedCap) proposition, it said. The firm has placed its total faith in the burgeoning RedCap market, optimised for lower-power IoT through further reduced (‘enhanced’) eRedCap capabilities, following the sale of its 4G/LTE portfolio to Qualcomm last year.
Georges Karam, chairman and chief executive at Sequans, said: “The 5G eRedCap market is expected to surpass 4G IoT in scale, and this acquisition strengthens Sequans’ ability to capture this expanding market opportunity.” Zurich-based ACP brings with it a “small team”, a “robust” IP portfolio, and expertise in circuit-based metal oxide semiconductor (CMOS) technology, integrating RF, analogue, and digital electronics. As well as bringing “leadership” in eRedCap development, the deal will also accelerate its time-to-market for new eRedCap IoT chips, it said.
A statement said: “ACP’s proven radio technology and successful track record in selling its technology across various wireless market segments are expected to create new growth opportunities for Sequans. The acquisition brings a small, highly skilled team to Sequans with minimal impact on the company’s planned operating expenses for 2025. The acquisition is expected to generate modest revenue in 2025 and potentially contribute several million dollars in 2026 through ACP’s existing customer relationships.”
Georges Karam, chairman and chief executive at Sequans, said: “We are thrilled to welcome the ACP team to Sequans. Their advanced, ready-to-use technology and engineering expertise perfectly complement our existing capabilities and will be instrumental in driving our product innovations forward.”
Qiuting Huang, chief executive at ACP, said: “Joining Sequans marks a pivotal moment for the ACP team. Sequans’ pioneering leadership in cellular IoT provides an ideal platform for integrating our technologies and accelerating innovation in the 5G IoT product roadmap.”
Sequans retains a perpetual licence to continue to develop and sell its old 4G/LTE IoT portfolio, as part of its deal in August with Qualcomm. But its essential research and commercial focus has shifted to 5G-based IoT technologies, notably RedCap and eRedCap. Qualcomm said the deal strengthens its position in “intelligence at the edge”. Karam said at the time: “With a robust balance sheet, proven technology and a comprehensive portfolio that includes low-power LTE-M/NB-IoT, LTE Cat 1bis and upcoming 5G Redcap/eRedCap technology, Sequans is very well positioned.”
The firm was close to selling to Renesas Electronics early last year. A $249 million deal had been agreed, but the Japanese firm terminated the deal because of an “adverse Japanese tax ruling”, apparently about the fee it would be required to pay on “taxable gain” after integration of the Sequans business following its purchase. Sequans responded that it was business-as-usual, and that it had alternative options. “Strong customer relationships and the unique capabilities of its technology [mean we are] optimistic… to grow market share and expand revenue streams,” it said.
Meanwhile, IoT tracker maker GearTrack has said it will use the French firm’s flagship Monarch 2 GM02S LTE-M /NB-IoT module in its supply chain management solution, sold to freight and shipping companies to monitor cargo. Its IP67-rated sensors work in harsh environments, as well as indoors; its platform integrates with sundry enterprise resource planning (ERP), product lifecycle management (PLM), and manufacturing execution systems (MES) software to deliver alerts and insights about supply-chain assets.
Peyton Riley, chief technology officer at GearTrack, said: “Sequans’ Monarch module is a game-changer for us. Its superior connectivity and power efficiency enable us to offer GearTrack as a solution that not only meets but exceeds our customers’ expectations, providing rapid ROI and driving innovation in asset management.”
Karam said: “Our Monarch module was engineered for excellence in low-power LTE-M/NB-IoT connectivity. This collaboration underscores our commitment to empowering businesses with cutting-edge technology that ensures seamless, energy-efficient connectivity. We’re excited to support GearTrack in providing a robust, easy-to-implement solution for critical industrial assets.”
https://www.rcrwireless.com/20250121/internet-of-things/sequans-iot-acp-redcap
Gamco
2月前
GearTrack Selects Sequans Monarch Module to Power Its Asset Tracking Solution
Partnership bolsters GearTrack's reliability by supplying critical IoT tracking connectivity technology
January 16, 2025 8:00 AM EST | Source: Sequans Communications
Paris, France--(Newsfile Corp. - January 16, 2025) - Sequans Communications S.A. (NYSE: SQNS), a leading 4G/5G IoT semiconductor company, today announced its partnership with GearTrack, an end-to-end intelligent supply chain management solution that works with shippers to monitor and protect their most critical assets. GearTrack has chosen to integrate the Sequans Monarch® 2 GM02S LTE-M /NB-IoT module into its solution, setting a new benchmark in critical industrial asset tracking and delivering unprecedented efficiency for high-value asset management.
"Sequans' Monarch module is a game-changer for us," said Peyton Riley, CTO of GearTrack. "Its superior connectivity and power efficiency enable us to offer GearTrack as a solution that not only meets but exceeds our customers' expectations, providing rapid ROI and driving innovation in asset management."
GearTrack's solution is transforming how businesses track and optimize components, parts, and finished goods across their supply chains. Equipped to operate both indoors and in rugged outdoor environments, GearTrack harnesses real-time data insights that simplify resource allocation, alleviate operational bottlenecks, and improve decision-making processes. By seamlessly integrating with enterprise systems like enterprise resource planning (ERP), product lifecycle management (PLM), and manufacturing execution systems (MES), GearTrack empowers manufacturers with a comprehensive view of their assets, promoting streamlined and agile operations.
"Our Monarch module was engineered for excellence in low-power LTE-M/NB-IoT connectivity," said Georges Karam, CEO of Sequans. "This collaboration underscores our commitment to empowering businesses with cutting-edge technology that ensures seamless, energy-efficient connectivity. We're excited to support GearTrack in providing a robust, easy-to-implement solution for critical industrial assets."
Built to thrive under industrial stress, GearTrack's IP67-rated sensors withstand harsh environments. This innovation is pivotal in addressing the demands of manufacturers who require reliable, high-performance asset-tracking solutions. GearTrack's easy-to-implement sensors collect data, while its platform delivers customizable alerts and real-time insights tailored to each customer's operational needs, to enable better resource allocation and reduce operational bottlenecks with customizable features and alerts.
GearTrack and Sequans partnership embodies a shared vision of innovation and operational excellence. Their combination of expertise in IoT solutions and advanced connectivity technology is already transforming how businesses approach logistics and asset management.
##
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. To learn more, please visit Sequans.com
About GearTrack
GearTrack is an end-to-end IoT-powered supply chain solution designed to track, monitor, and protect high-value and condition-sensitive assets in real-time. With over 1 million proprietary sensors manufactured, GearTrack is trusted by industries from construction to pharmaceuticals. Their platform is designed to provide asset-level tracking, alerting shippers to potential risks before they cause costly damage or delays. GearTrack helps companies stay ahead of problems, reduce downtime, and ensure on-time, in-full deliveries. To learn more, please visit GearTrack.io.
Contacts
Sequans Investor Relations
Kim Rogers (USA)
+1 385.831.7337
ir@sequans.com
Sequans Media Relations
Linda Bouvet (France)
+33 170721600
media@sequans.com
GearTrack Media Relations
Erika Belezarian (USA)
+1 813.553.2144
erika@geartrack.io
https://www.newsfilecorp.com/release/237414/GearTrack-Selects-Sequans-Monarch-Module-to-Power-Its-Asset-Tracking-Solution
janga
6月前
USA & CHINA
As they jostle for supremacy in semiconductor chips and green technology, America and China have been locked into an increasingly disruptive game of tit-for-tat trade warfare. They have unleashed a panoply of export controls, tariffs, and blacklisting against one another, and their allies, as a Financial Times series has highlighted. The latest salvo comes from Beijing. From September 15, it will impose export controls on antimony, an obscure metal used in armour-piercing ammunition, night-vision goggles and precision optics. It follows curbs implemented last year on shipments of germanium and gallium, which are needed for chips and military communications. China produces about 60 per cent of rare earth elements, and processes close to 90 per cent. Beijing cites “national security” as the reason for its measures, but its command over essential raw materials is ultimately its leverage over Washington in the trade war. America’s muscle comes from blocking exports of advanced semiconductor technologies to China, and hindering Chinese manufacturers’ ability to sell into its market. The cycle of retaliation has buffeted their economies, and set back global growth and innovation. It shows little sign of cooling. That means adapting to the new era of fragmented supply chains is necessary to cushion the economic fallout. For instance, China’s Huawei has worked with domestic chipmaker SMIC to boost cutting-edge chip development. There are also signs that Chinese buyers are finding ways to circumvent US restrictions on advanced processors. The US and its allies have set up initiatives like the Mineral Security Partnership to improve critical resource collaboration. But such forums need to move quickly from dialogue to action. Businesses fear Beijing will keep adding new critical metals to its restrictions, and are concerned that chip production will suffer under higher prices and without the right inputs. Stepping up mining and refining efforts is key. China dominates both, but there are still significant critical metal reserves outside the country to exploit, including in the west. Nyrstar, owned by commodities trading group Trafigura, reckons a zinc smelter facility in Tennessee could meet 80 per cent of annual US demand for gallium and germanium. Higher commodity prices, on the back of Beijing’s controls, should also make extraction more attractive. But western governments need to make it easier for the industry to operate. Price volatility makes extraction risky, and below-cost exports from China are difficult to compete against. Streamlining onerous planning laws and chemical regulations across countries would help, alongside adopting joint environmental standards. Better co-ordination on financial incentives is also warranted. Price insurance and public-private partnerships can help de-risk projects for the rarest metals, while long-term offtake agreements can provide security of demand. Some critical metals can be costly and hard to recycle or to substitute, but supporting strategic research and development remains important, too. For example, gallium can be extracted from coal fly ash, a waste product from coal combustion. Silicon can also be a less-expensive substitute for germanium in certain electronic applications. For decades, governments in the west lapped up cheap raw materials from China, while Beijing invested heavily in mining, refining and exploration. The economic hostility between the US and China is highlighting just how short-sighted it was to build up dependence on a single supplier of essential metals. China’s command of the sector looks unassailable. But if America and its allies want to dilute its leverage in the trade war, a more concerted effort on critical minerals would help.
Gamco
9月前
French chip designer Sequans is looking to recover after the failed takeover bid by Renesas Electronics earlier this year.
Sequans is cutting its R&D to recover from the failed takeover bid by Renesas to focus on an IoT Reduced capacity (RedCap) chip.
The takeover bid failed as a result of issue over debt, and the company has frozen debt repayment to Lynrock Lake, Nokomis and Renesas, until August 26.
“We have made significant progress on multiple fronts, beginning with the extension of our standstill agreements with our debt holders until the end of August and the signature of a $15 million licensing agreement for our Monarch2 platform with a new partner,” said Georges Karam, CEO of Sequans.
“Additionally, we are optimizing our R&D expenses by suspending the development of our 5G fixed wireless product to focus on low-power 5G for massive IoT applications, specifically RedCap and eRedCap. Furthermore, we are making progress in discussions for a strategic transaction that would dramatically improve our balance sheet.”
This follows several loss making quarters. Revenue was $6.0 million, an increase of 26.3% compared to the fourth quarter of 2023 but down 49.3% on the first quarter of 2023. The operating loss was $8.5 million compared to operating loss of $12.8 million in the fourth quarter of 2023 and an operating loss of $4.0 million in the first quarter of 2023.
To cut costs, Sequans has suspended the development of its 5G Taurus product for Fixed Wireless Access applications. The shift to RedCap and eRedCap is expected to significantly reduce R&D expenses as part of the Company’s plan to achieve break-even in 2025.
Extending the debt maturities grants the Company additional time to secure a long-term solution and negotiate a strategic transaction that serves the interests of all its stakeholders, says the company.
Sequans announced today a $15m manufacturing licensing agreement for its Monarch2 LTE platform with a leading technology company. The deal includes an initial payment of $15 million, with the opportunity for additional revenue in subsequent years.
The agreement grants the license partner the right to manufacture and market the Monarch 2 chip under their brand name.
Cutting the Taurus project will reduce revenue recognition from the license agreement with Sequans’ Chinese strategic partner by $10m this year, but should be offset by revenue from the Monarch2 manufacturing license agreement.
“We are pleased to enter into this licensing agreement with a leading technology company, which underscores the exceptional value of our Monarch 2 technology for massive IoT cellular applications,” said Karam.
“This partnership not only expands our revenue potential but also creates significant mutual benefit for both organizations and paves the way for future collaborative opportunities. In addition to our product offering, Sequans has a proven track record of generating revenue through licensing agreements, and we intend to enhance and expand this strategy.”
Sequans confirms that it continues to be in active discussions for a long-term strategic transaction that would address its debt maturities and significantly strengthen its balance sheet.
www.sequans.com
https://www.eenewseurope.com/en/sequans-cuts-rd-to-recover-from-failed-takeover-bid/
Gamco
11月前
LTE-M/NB-IoT Cellular IoT Connectivity for Critical Asset Tracking
Author of the article:
Newsfile
Published Apr 23, 2024 • Last updated 12 hours ago
Paris, France–(Newsfile Corp. – April 23, 2024) – Sequans Communications, S.A. (NYSE: SQNS), leader in 4G/5G cellular IoT chips and modules, announced that Abeeway, a subsidiary of Actility, global leader in LPWAN solutions, has adopted its Monarch 2 GM02S module to provide low power cellular IoT connectivity for a new version of the Abeeway Compact Tracker that now combines LTE-M and NB-IoT connectivity from Sequans with GPS, Wi-Fi Sniffer, Bluetooth and LoRa technologies in a single, highly accurate tracker.
https://www.pembrokeobserver.com/newsfile/206515-abeeway-selects-sequans-low-power-ltemnbiot-cellular-iot-connectivity-for-critical-asset-tracking
Gamco
11月前
Sequans Calliope 2: First Cat 1bis Module Approved by AT&T
Newsfile Corp.
Thu, Apr 18, 2024, 8:00 AM EDT
Approval extends to FirstNet, built with AT&T
Paris, France--(Newsfile Corp. - April 18, 2024) - Sequans Communications, S.A. (NYSE: SQNS), leader in 4G/5G cellular IoT chips and modules, announced that its Calliope 2 Cat 1bis platform, which includes the Calliope 2 chip and the GC02S1 module, has received modular approval for use on the AT&T commercial mobility network and the FirstNet® network.
https://finance.yahoo.com/news/sequans-calliope-2-first-cat-120000737.html
Investolator
4年前
Sequans and e-peas Demonstrate Energy Harvesting LTE-M/NB-IoT Connectivity Solution
January 11 2021 - 07:00AM
PR Newswire (US)
Alert
PARIS and MONT-SAINT-GUIBERT, Belgium, Jan. 11, 2021 /PRNewswire/ -- Sequans Communications S.A. (NYSE: SQNS), a leading maker of 5G/4G chips and modules for massive, broadband and critical IoT, and e-peas, supplier of advanced energy harvesting and processing semiconductor solutions, announced the demonstration of a joint solution combining e-peas' AEM energy harvesting IC (integrated circuit) with Sequans' Monarch LTE-M/NB-IoT platform to provide a self-powered cellular IoT connectivity solution, in a very small footprint, that can operate indefinitely without batteries.
"Energy harvesting technology is ushering in a new era where IoT devices will no longer have to run on batteries," said Didier Dutronc, EVP and head of Sequans' massive IoT business unit. "This will have a profound impact on the IoT market and will greatly increase the number and types of applications that can be connected to the IoT, extending it to those applications where direct power connection or manual intervention to change batteries is not possible. In addition to the significant cost and practical advantages of this, this technology also allows for a more sustainable IoT world through elimination of the production and recycling of billions of batteries every year. Energy harvesting offers one of the most exciting visions of the IoT future, and through our partnership with e-peas, a leader in advanced energy harvesting solutions, we aim to bring this vision to reality."
The Sequans/e-peas demonstration shows the e-peas AEM10941 IC transferring energy from a photovoltaic harvester to a storage element and then to Sequans' Monarch LTE-M/NB-IoT module where it powers a sensor device measuring power, light, and humidity. The demo kit is supplied with a small indoor DSC photovoltaic cell that can power many types of IoT applications using indoor light and LTE connectivity. In an outdoor environment, the size of the photovoltaic cell can be reduced to allow for energy-autonomous devices in an even smaller form factor. In a typical application, such as in farming or industry, device sensors collect data (humidity, temperature, air quality) while the lighting environment is loading the capacitor. With the combination of the e-peas AEM10941 IC and Sequans' Monarch module, the collected data can be sent up to 8 times a day, with no need of batteries using a 15 cm2 indoor PV cell under 500 Lux, making the devices completely energy self-sufficient and CO2 neutral.
"We are excited to collaborate with Sequans on this solution combining energy harvesting with IoT connectivity," said Christian Ferrier, chief marketing officer, e-peas. "Not only do we show the viability of energy harvesting technology, but we show how IoT companies can build maintenance-free devices that can operate autonomously, which has a huge positive impact on sustainability, total cost of ownership, and device longevity."
Sequans and e-peas are offering a reference design with schematics for IoT companies, enabling them to design and build their own connected IoT devices using energy harvesting technology.
Sequans is participating in CES 2021, January 11-14, where it will have an online exhibit, including new product information, and the ability to network and set meetings with Sequans' professionals. For more information or to request a meeting please contact us at events@sequans.com
About e-peas
e-peas develops and markets disruptive ultra-low power semiconductor technology. This enables industrial and IoT wireless product designers to substantially extend battery lifespans and eliminate the heavy call-out costs of replacing batteries, without in any way compromising on reliability. Relying on 15 years of research and patented intellectual property, the company's products increase the amount of harvested energy and drastically reduce the energy consumption of all power consuming blocks within wireless sensor nodes. Headquartered in Mont-Saint-Guibert, Belgium, with additional offices in Switzerland, USA and presence in Taiwan, e-peas offers a portfolio of energy harvesting power management interface ICs, microcontrollers and sensor solutions. Visit e-peas online at www.e-peas.com. For sales and support, contact e-peas at this link.
About Sequans
Sequans Communications S.A. (NYSE: SQNS) is a leading developer and provider of 5G and 4G chips and modules for massive, broadband, and critical 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 and critical 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, Finland, Israel, Hong Kong, Singapore, Taiwan, South Korea, and China. Visit Sequans online at www.sequans.com.
Forward Looking Statements
View original content:http://www.prnewswire.com/news-releases/sequans-and-e-peas-demonstrate-energy-harvesting-lte-mnb-iot-connectivity-solution-301203379.html
SOURCE Sequans Communications S.A.
Copyright 2021 PR Newswire
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