Welcome to our dedicated page for Sequans Communications S A news (Ticker: SQNS), a resource for investors and traders seeking the latest updates and insights on Sequans Communications S A stock.
Sequans Communications S.A. reports developments tied to its fabless semiconductor business for 4G and 5G cellular Internet of Things connectivity. Company news commonly covers LTE-M/NB-IoT, 4G LTE Cat 1bis, 5G NR RedCap and eRedCap platforms, RF transceiver technology, design services, technology licensing, and customer platform selections for embedded cellular modems.
Updates also include quarterly and annual financial results, product demonstrations, design-win and production commentary, ADS repurchase activity, Bitcoin digital-asset treasury management, financing actions, and NYSE listing-compliance matters. Sequans serves IoT applications such as secured payment, smart mobility and logistics, smart cities, industrial systems, e-health, and smart homes.
Sequans Communications (NYSE: SQNS) has secured a multi-million dollar grant from the French government to enhance strategic technological initiatives in 5G. The funding, part of a national recovery plan, supports the development of 5G technology solutions within a consortium of seven French companies, aimed at critical IoT applications across various industries. CEO Georges Karam emphasized the importance of this funding in accelerating market readiness for advanced 5G connectivity solutions that will benefit the economy and industry.
Sequans Communications (NYSE: SQNS) announced an extension of its partnership with Thales, leveraging Sequans' Monarch 2 and Calliope 2 platforms for new Cinterion IoT LTE-M/NB-IoT and Cat 1 modules. The collaboration, which began in 2015, aims to enhance cellular IoT connectivity. The Monarch 2 chip offers significant power savings and advanced security features, while Calliope 2 supports voice and data services. This agreement reinforces Sequans' position in the IoT market, providing innovative solutions for a growing customer base.
Sequans Communications (NYSE: SQNS) and e-peas have demonstrated a self-powered cellular IoT connectivity solution integrating e-peas' AEM energy harvesting IC with Sequans' Monarch LTE-M/NB-IoT platform. This technology enables IoT devices to operate indefinitely without batteries, enhancing sustainability and reducing operational costs. Utilizing a small photovoltaic cell, the system can collect and transmit data up to eight times per day while remaining energy self-sufficient. A reference design is being offered for IoT companies to develop similar energy-harvesting devices.
Sequans Communications S.A. (NYSE: SQNS) is hosting a virtual analyst/investor event today at 9:00 a.m. EST, featuring presentations by CEO Georges Karam and CFO Deborah Choate, followed by a Q&A session. The company plans to reaffirm its guidance for Q4 2020, projecting a revenue increase of at least 10% from the previous quarter's $14.1 million, reflecting a growth rate exceeding 60% for the full year compared to 2019. The webcast can be accessed through their investor relations website.
Sequans Communications S.A. (NYSE: SQNS) has partnered with Withings to utilize its Monarch 2 LTE-M/NB-IoT technology in the development of next-generation IoT connected health devices. Withings, known for its variety of health monitoring devices, cites Monarch 2’s advanced features, low power consumption, and small form factor as key benefits. The Monarch 2 GM02S module boasts a 60% power efficiency improvement and unique EAL5+ secure enclave support. Sequans is also participating in CES 2021 to showcase its innovations.
Sequans Communications S.A. (NYSE: SQNS) has announced the upcoming sampling of its second-generation LTE Cat 1 chip platform, Calliope 2. This chip is designed for cost-effective IoT applications requiring VoLTE and data rates over 100 kilobits per second, suitable for devices like wearables and smart home products. Calliope 2 features significant improvements in cost and power consumption, as well as advanced capabilities including EAL5+ secure enclave and integrated VoLTE. It is 5G-ready and compatible with existing IoT technologies, meeting growing demand amidst the phase-out of 2G and 3G networks.
Sequans Communications (NYSE: SQNS) will announce its financial results for Q4 and the full year of 2020 on February 9, 2021, before market hours. A conference call hosted by management will take place at 8:00 a.m. EST. Investors can access the call via a toll-free number and will have the option to listen to a replay until February 16, 2021. Sequans specializes in 5G and 4G chipsets for IoT applications, showcasing its innovative product range designed for various IoT sectors.
Sequans Communications (NYSE: SQNS) will host a virtual Analyst/Investor Event on January 8, 2021, at 9:00 a.m. EST. The event aims to discuss how Sequans is leveraging key trends in 5G and IoT.
It will feature presentations from CEO Georges Karam and CFO Deborah Choate, covering market opportunities, new products, and customer expansions. Attendees can access the live and archived webcast at Sequans website. Financial results for Q4 2020 will be announced on February 9, 2021.
Sequans Communications S.A. (NYSE: SQNS) announced the successful full exercise of an over-allotment option in its recent public secondary offering, bringing in an additional $2.09 million through the sale of 379,494 American Depositary Shares (ADSs). This offering, facilitated by Nokomis Capital Master Fund, L.P., is part of a larger secondary offering that converted $12.4 million in convertible notes. Following the offering, Nokomis holds 9.9% of Sequans' ADSs. CEO Georges Karam highlighted the debt reduction and strengthened balance sheet resulting from this conversion.
Sequans Communications S.A. (NYSE: SQNS) has launched the Monarch GMS01Q LTE IoT module, designed to facilitate quick IoT device connectivity to the Orange LTE-M Network. This third-generation module features Sequans’ Monarch LTE-M/NB-IoT chip platform and offers global roaming capabilities with a pre-integrated Orange SIM card. It supports various IoT applications, including healthcare wearables and smart city devices. Developers can utilize an evaluation kit for rapid prototyping, enhancing the transition from design to industrialization.