Sequans Monarch Powers Coyote Nano 2.0 New Generation of Stolen Vehicle Tracker
Rhea-AI Summary
Sequans Communications (NYSE: SQNS) announced that Coyote, Europe's leader in connected driver assistance services, has chosen Sequans Monarch technology for its new generation tracker, Coyote Nano 2.0. The device connects to cellular LPWA networks, particularly LTE-M, setting a new standard in vehicle tracking.
The Coyote Nano 2.0 is part of Coyote Secure, a stolen vehicle recovery service with a 91% recovery rate within 48 hours. The tracker features jamming resistance, tamper protection, and discrete installation capabilities. It incorporates multiple wireless communication systems and location services, operating effectively in challenging RF environments.
Key features include extensive European coverage, autonomous operation, and a target battery life of up to 5 years. The device was specifically designed to deliver robust, energy-efficient performance while maintaining advanced RF capabilities.
Positive
- Partnership with major European market leader in driver assistance services
- 91% vehicle recovery rate within 48 hours
- 5-year battery life demonstrates superior energy efficiency
- Expanded market reach across Europe
Negative
- None.
Insights
Sequans' partnership with Coyote represents a strategic customer win in the growing vehicle security market, though financial details are absent from the announcement. The selection of Sequans' Monarch technology for the Coyote Nano 2.0 tracker validates the company's competitive positioning in the cellular LPWA semiconductor space where low power consumption and reliable connectivity are paramount.
This deal highlights Sequans' ability to secure design wins in specialized IoT verticals. The vehicle recovery market presents a steady revenue opportunity with longer product lifecycles compared to consumer electronics. With Coyote being the European leader in connected driver assistance services, this partnership could drive recurring revenue through module sales as Coyote deploys its trackers across Europe.
The 5-year battery life requirement demonstrates that Sequans' technology meets demanding power consumption specifications - a critical factor for IoT applications. While this single partnership won't dramatically alter Sequans' financial trajectory given its
The Coyote implementation showcases Sequans' technical advantages in three critical areas for IoT tracking devices: signal robustness in challenging RF environments, resistance to jamming, and power efficiency. Stolen vehicle recovery represents one of the highest-value IoT applications, with considerably greater willingness-to-pay than typical asset tracking due to the high cost of vehicle theft.
Monarch's selection for this application confirms its technical superiority in challenging deployment scenarios. Vehicle trackers must operate reliably in metal-enclosed spaces (creating Faraday cage effects), underground parking structures, and against active countermeasures like RF jammers that thieves deploy. The multi-technology approach involving LPWA networks suggests Coyote is leveraging LTE-M's superior building penetration capabilities alongside other technologies.
The 5-year battery life target is particularly noteworthy, representing exceptional power optimization for a cellular-connected device that maintains constant network availability. This demonstrates Sequans' ability to compete in power-constrained IoT applications against alternative technologies. With vehicle theft protection as a proven use case, Sequans strengthens its position in the broader asset tracking and recovery sector that relies on similar technical requirements.
AI-generated analysis. How Rhea-AI works. Not financial advice.
Paris, France--(Newsfile Corp. - March 4, 2025) - Sequans Communications S.A. (NYSE: SQNS), a leading 4G/5G IoT semiconductor company, today announced that Coyote, the European leader in connected driver assistance services, has selected Sequans Monarch® technology to connect its latest generation of trackers, named Coyote Nano 2.0, to cellular LPWA networks (and particularly LTE-M). The combination of Sequans Monarch technology with the multiple technologies use by Coyote sets a new benchmark in vehicle tracking. Coyote Nano 2.0 is a part of Coyote Secure, the market benchmark stolen vehicle recovery service, which has a proven track record, with
"We have been looking for the most robust, energy-efficient, and advanced RF performance cellular LPWA solution, and Sequans' Monarch technology has been a natural choice," said Stéphane Curtelin, Marketing Products and Services Director at Coyote. "We needed a wireless technology that could operate in the most challenging environments with the lowest power consumption possible and Sequans Monarch technology met our expectations."
The Coyote Nano 2.0 tracker is autonomous, resistant to jamming and tampering, and discreetly hidden in customers' vehicles. It has multiple wireless communication systems and location services and can operate in the most challenging RF environments. With Sequans Monarch, it connects seamlessly to cellular LPWA networks and provides extensive coverage across Europe and beyond, significantly increasing the chances of vehicle recovery. Engineered for longevity, the tracker boasts a target battery life of up to 5 years, ensuring continuous operation.
"We are honoured that Coyote has chosen our Monarch technology for their new stolen vehicle recovery tracker that cannot compromise on the performances of the communication," said Georges Karam, CEO at Sequans. "The partnership with Coyote underscores the exceptional capabilities of our technology in delivering high performance, low power consumption, and robust security features."
The integration of Sequans Monarch technology into Coyote's stolen vehicle recovery tracker represents a significant step forward in the fight against vehicle theft. By leveraging the latest advancements in cellular LPWA networks, this collaboration ensures that vehicle owners benefit from the most reliable and efficient tracking solution available today.
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 Coyote
Founded in 2005, Coyote is the European leader in connected driver assistance services, offering innovative solutions for private drivers and professionals. A perfect alliance between people and technology, the Coyote services platform aims to improve the safety and comfort of its Community, with a commitment to excellence in its technologies. Since 2018, the Coyote Secure stolen vehicle recovery solution and a fleet management service have been added to the services platform to support drivers while securing their vehicles. Coyote is one of the largest aggregators of data on the roads, processing 25 billion items of information every month in real time from all the connected terminals of the 5 million members of the Coyote Community in Europe. The Coyote group, which has operations in France, Spain, Italy, Belgium and Luxembourg, and its services are available in 16 European countries.
To learn more, please visit corporate.moncoyote.com.
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
Coyote Media Relations
Kevin VANEY
kvaney@coyote-group.com
06.13.78.20.93
Agence Wellcom
Marine BOIRIE & Badr RAR
coyote@wellcom.fr
To view the source version of this press release, please visit https://www.newsfilecorp.com/release/243140