MultiTech Selects Sequans to Power Next-Generation Embedded Cellular Modem Platforms

Rhea-AI Summary

Sequans Communications (NYSE: SQNS) said MultiTech selected Sequans as its technology partner to develop future embedded cellular modem platforms, starting with Sequans' Calliope 2 LTE Cat 1bis and expanding to future Calliope products that support 5G. The collaboration pairs MultiTech's 50+ years of industrial-device experience with Sequans' carrier-certified cellular IoT technology to deliver secure, carrier-approved embedded platforms, reduced design cycles, simplified BOMs, lower certification risk, and a migration path from 4G to 5G eRedCap.

Both companies will showcase the partnership and roadmaps at CES 2026, focusing on technical integration and go-to-market strategies across Automotive, Industrial, Healthcare, Smart Cities, Retail/Payment, and Agriculture verticals.

Argus Jan 5 session

+2.90% close to close Open Argus

Details

News Market Reaction – SQNS

In the Jan 5 session, SQNS gained 2.90%, reflecting a moderate positive market reaction.

Data tracked by StockTitan Argus on the day of publication.

Market Context

This announcement highlights a strategic partnership in which MultiTech will base next-generation em...

Analysis

This announcement highlights a strategic partnership in which MultiTech will base next-generation embedded modem platforms on Sequans’ Calliope 2 LTE Cat 1bis and future 5G solutions, targeting critical IoT verticals from automotive to smart cities. Recent history shows mixed share reactions: design wins prompted modest gains, while buyback and earnings updates sometimes saw declines. Investors may track execution milestones, customer adoption across target industries, and how these collaborations interact with prior financial results, including Q3 2025 revenue of $4.3M and an operating loss of $20.4M.

Key Figures

Industry experience: 50+ years Price move: 7.35% 52-week high: 58.3 +3 more

Industry experience

50+ years

MultiTech industrial-grade device expertise mentioned in partnership

Price move

7.35%

SQNS 24h price change prior to publication

52-week high

58.3

SQNS 52-week high before this news

52-week low

4.44

SQNS 52-week low before this news

Market cap

70,008,754

Market capitalization before news

Current price

4.82

Share price prior to this announcement

Historical Context

5 past events · Latest: Dec 18

5 events

1. Dec 18

   Buyback authorization

   24h Move

   -4.3%

   Completed ADS buyback and authorized new program for up to 10% more.

2. Nov 19

   Buyback update

   24h Move

   -7.0%

   Reported progress on ADS repurchases funded by Bitcoin sales and cash flow.

3. Nov 12

   Customer design win

   24h Move

   +2.7%

   OKI selected Monarch LTE-M/NB-IoT for zero-energy critical infrastructure devices.

4. Nov 12

   Conference participation

   24h Move

   +2.7%

   Announced CEO participation and meetings at Roth Technology Conference.

5. Nov 04

   Earnings update

   24h Move

   -16.6%

   Preliminary Q3 results showed sharply lower revenue and operating loss.

24h Move is the share-price change in the day after each event; other market factors may also have contributed.

Key Terms

lte cat 1bis, 5g connectivity, cellular iot, embedded cellular modem, +1 more

5 terms

lte cat 1bis technical

"Sequans' Calliope 2 LTE Cat 1bis platform and will expand to future Calliope"

LTE Cat 1bis is a designation in the cellular standard for a low-cost, low-power 4G device category aimed at simple internet-of-things and machine-to-machine products. It delivers slower data speeds and narrower bandwidth than smartphone LTE but more capability and lower complexity than ultra-low-rate IoT standards. Investors watch it because chipset choices, module pricing, battery life and carrier support tied to this category affect manufacturing costs, market adoption and recurring service revenue—like picking a compact commuter car instead of a high-performance vehicle.

5g connectivity technical

"future Calliope products supporting 5G connectivity.Driving Value Through"

5G connectivity is the latest generation of mobile network technology that delivers much faster data speeds, much lower delays, and the capacity to link many more devices at once than previous networks. For investors, 5G matters because it can enable new products and services, drive telecom and equipment spending, change how companies operate and compete, and create revenue opportunities similar to upgrading a highway — allowing more traffic and faster deliveries across the digital economy.

cellular iot technical

"provider of 5G/4G cellular IoT semiconductor solutions, today announced that"

Cellular IoT means internet-connected devices that use mobile phone networks (like LTE, NB‑IoT, LTE‑M or 5G) to send and receive data rather than relying on Wi‑Fi or wired connections. For investors, it matters because these devices create steady service and data-usage revenue, scale across wide geographies like a mobile phone plan, and tie a company’s costs and growth to carrier coverage, subscription pricing and network technology upgrades.

embedded cellular modem technical

"technology partner for the development of future embedded cellular modem platforms."

An embedded cellular modem is a built-in communications chip inside a device that connects it directly to mobile phone networks, allowing the device to send and receive data without needing a separate phone or Wi‑Fi. For investors, it matters because this built‑in connectivity can enable ongoing services, remote updates, and data-driven features that create recurring revenue or higher product value — think of it like adding a permanent phone line to a household appliance that enables new, billable capabilities.

5g eredcap technical

"pathway from today's 4G Cat 1bis to tomorrow's 5G eRedCap."Meet Us"

5G eRedCap is a version of 5G wireless technology designed for lower-cost, lower-power devices—think fitness trackers, industrial sensors or basic smartphones—by simplifying radio and processing needs. For investors it signals a bigger market for affordable 5G gadgets and network upgrades: carriers, chipset makers and device manufacturers can sell cheaper hardware and services, unlocking volume growth much like budget cars expanded auto market demand.

AI-generated analysis. How Rhea-AI works. Not financial advice.

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Paris, France--(Newsfile Corp. - January 5, 2026) - Sequans Communications S.A. (NYSE: SQNS), a leading provider of 5G/4G cellular IoT semiconductor solutions, today announced that MultiTech has selected Sequans as its technology partner for the development of future embedded cellular modem platforms. The collaboration will initially leverage Sequans' Calliope 2 LTE Cat 1bis platform and will expand to future Calliope products supporting 5G connectivity.

Driving Value Through Partnership

This strategic alliance combines MultiTech's 50+ years of industrial-grade device expertise with Sequans' carrier-certified cellular IoT technology to deliver:

• Secure, end-device certified, carrier-approved embedded cellular platforms

• Accelerated time-to-market through reduced design cycles

• Simplified bill of materials consolidated into a compact SKU

• Lower complexity, cost, and certification risk

• Flexible, scalable foundation enabling lifecycle support and seamless migration to 5G

Together, the companies will bring innovative embedded connectivity solutions to address the unmet needs of critical IoT verticals, including Automotive & Transportation, Industrial & Manufacturing, Healthcare, Smart Cities & Infrastructure, Retail & Payment Systems, and Agriculture.

"Together with Sequans, we're delivering embedded cellular platforms that are simpler to integrate, faster to deploy and easier to manage," said Stefan Lindvall, CEO of MultiTech. "This collaboration helps our customers scale securely and confidently as their connectivity needs evolve."

"Sequans is 100% focused on IoT, delivering the industry's most mature cellular IoT solutions," said Georges Karam, CEO of Sequans. "This collaboration with MultiTech extends the reach of our Calliope platform to new customers and markets, providing a clear pathway from today's 4G Cat 1bis to tomorrow's 5G eRedCap."

Meet Us at CES 2026

Both MultiTech and Sequans will showcase the partnership at CES 2026, engaging customers on roadmaps, technical integration, and go-to-market strategies.

About Sequans

Sequans Communications S.A. (NYSE: SQNS) is a leading fabless semiconductor company specializing in wireless 4G/5G cellular technology for the Internet of Things (IoT) as well as a pioneer in Bitcoin Treasury. Sequans' engineers design and develop innovative, secure, and scalable technologies that power the next generation of AI-connected applications - including secured payment, smart mobility and logistics, smart cities, industrial, e-health, and smart homes. Sequans offers a comprehensive portfolio of 4G/5G solutions, including LTE-M/NB-IoT, 4G LTE Cat 1bis, and 5G NR RedCap/eRedCap platforms, all purpose-built for IoT and delivering breakthroughs in wireless connectivity, power efficiency, security, and performance. The company also provides advanced design services and technology licensing.

Founded in 2003, Sequans is headquartered in France and operates globally, with offices in the United States, United Kingdom, Switzerland, Israel, Finland, Taiwan, and China.

To learn more, please visit sequans.com

About MultiTech

MultiTech designs, develops, and manufactures communications equipment for the industrial Internet of Things - connecting physical assets to business processes to deliver enhanced value. With a relentless focus on quality and innovation, MultiTech provides a wide range of reliable, high-performance products that help organizations worldwide achieve their IoT goals.

To learn more, please visit Web: MultiTech.com

Contacts

Sequans investor relations:

David Hanover/Rob Kelly, KCSA Strategic Communications (USA), +1 212.682.6300, ir@sequans.com

Sequans media relations:

Linda Bouvet (France), +33 170721600, media@sequans.com

Muli-Tech Media Relations:

Matthew MacDowell, Director of Marketing, +1 763-717-5528 (Direct), MMacDowell@MultiTech.com

To view the source version of this press release, please visit https://www.newsfilecorp.com/release/279449

FAQ

AI-generated questions and answers. How Rhea-AI works. Not financial advice.

What did Sequans (SQNS) announce with MultiTech on January 5, 2026?

Sequans announced MultiTech selected it as a technology partner to develop embedded cellular modem platforms beginning with Calliope 2 LTE Cat 1bis and expanding to future 5G Calliope products.

How will the Sequans and MultiTech partnership affect SQNS product roadmap?

The partnership extends the Calliope product footprint and provides a path to 5G eRedCap for future embedded modem platforms.

Which industries will the Sequans–MultiTech platforms target?

The platforms target Automotive & Transportation, Industrial & Manufacturing, Healthcare, Smart Cities & Infrastructure, Retail & Payment Systems, and Agriculture.

When and where will Sequans and MultiTech present their partnership details?

Both companies will showcase the partnership at CES 2026, presenting roadmaps, technical integration, and go-to-market plans.

What specific Sequans technology is being used initially in the MultiTech collaboration?

The collaboration will initially leverage Sequans' Calliope 2 LTE Cat 1bis platform.

What customer benefits did Sequans and MultiTech highlight for the embedded platforms?

They highlighted secure, carrier-approved platforms, accelerated time-to-market, simplified BOMs in a compact SKU, lower certification risk, and scalable lifecycle support.