Semtech Stock Price, News & Analysis

Semtech Corporation (Nasdaq: SMTC) announces a partnership with Swarm Technologies to integrate its LoRa devices into Swarm's satellite communications network. This collaboration aims to enhance two-way communications via Low Earth Orbit (LEO) satellites, addressing applications in logistics, agriculture, and energy. The network now operates with 72 satellites, achieving global coverage, and targets 150 by year-end 2021, promising latency under one minute. This initiative is expected to provide reliable and cost-effective connectivity for IoT devices globally.

Semtech Corporation (Nasdaq: SMTC) has unveiled the LoRa Core™ portfolio, featuring a new chipset designed for global LoRaWAN network coverage. This portfolio aims to enhance multiple industries, including asset tracking and agriculture. The SX1303 gateway processor supports precise geolocation without GPS, assisting in cost-sensitive applications. Key features include nano-second resolution time stamps and improved power efficiency. The LoRa Core portfolio supports the LoRaWAN protocol, facilitating rapid IoT deployments.

Semtech Corporation (Nasdaq: SMTC) announced the integration of the LoRaWAN® protocol into Meshed Pty Ltd's nCounter people counting solution. This development aims to enhance public health and safety monitoring in smart cities during the COVID-19 pandemic. The nCounter leverages anonymous smartphone data to assess population movement in real-time, enabling city officials to track compliance with social distancing guidelines. Furthermore, a partnership with the University of Wollongong resulted in research into the pandemic's impact on local communities using data collected from 90 nCounter devices.

Semtech Corporation (Nasdaq: SMTC) has partnered with Digital Matter to deploy the Yabby Edge, a battery-powered tracking device leveraging Semtech’s LoRa Edge™ platform. This innovative device addresses key challenges in asset management, featuring low power consumption and a battery life of up to 12 years, making it suitable for various tracking applications such as inventory and medical equipment management. Set to launch in April 2021, the Yabby Edge operates on the LoRaWAN® protocol, promising reduced costs and complexity in IoT asset management.

Semtech Corporation (Nasdaq: SMTC) announced the integration of the LoRaWAN® protocol into the KLAX line of smart meter interface modules developed by Alpha-Omega Technology. This partnership enables efficient retrofitting of legacy metering solutions for real-time utility data transfer, significantly reducing installation costs.

The KLAX module offers magnetic deployment, real-time monitoring of energy and gas use, and facilitates smart utility management without the need for external devices. This innovation aims to provide substantial returns on investment for users.

Semtech Corporation (Nasdaq: SMTC) announced that its CEO, Mohan Maheswaran, will participate in a virtual fireside chat at the 23rd Annual Needham Virtual Growth Conference on January 14, 2021, at 12:30 p.m. EST. The event will be accessible via a webcast on Semtech's Investor Relations page. Semtech is known for its high-performance analog and mixed-signal semiconductors, focusing on reducing environmental impact through various green initiatives. The company has been publicly traded since 1967 and is dedicated to advancing technology for industrial and consumer markets.

Semtech Corporation (Nasdaq: SMTC) has collaborated with Amazon Web Services (AWS) to implement the LoRaWAN® protocol on AWS IoT Core. This integration simplifies the development of IoT solutions by allowing devices to connect directly to AWS without managing their own servers. Key features include long-range connectivity, low power consumption, and security. Developers can easily register gateways and devices on the AWS Management Console. Semtech's LoRa Cloud service will complement this by providing geolocation capabilities. This partnership aims to accelerate IoT adoption across various sectors.

Semtech Corporation (SMTC) announced its integration with Green Scale Alchemy (GSA) to enhance IoT capabilities for asset management in the retail sector. GSA's platform utilizes Semtech's LoRaWAN® technology, enabling efficient pallet management and logistical improvements. Giffard, a major French liqueur manufacturer, successfully implemented the solution to optimize its resource allocation across warehouses. This partnership aims to improve inventory tracking, reduce logistical costs, and enhance sustainability amidst ongoing global supply chain challenges.

Semtech Corporation (NASDAQ: SMTC) has been selected by the U.S. Department of Defense to implement a 3D tracking solution using Ripl Networks’ IP mesh technology at naval ports. This collaboration utilizes Semtech’s LoRa devices for long-range, low-power connectivity, allowing accurate tracking of assets without GPS. The initial deployment will occur at the Port of Hueneme. Ripl Networks will act as the systems integrator, incorporating Avnet’s IoT Connect platform for data management. This partnership emphasizes the military-grade application of IoT technology in asset tracking.