Semtech’s LoRa Technology the Platform of Choice for Smart Utilities
LoRa® has enabled tens of millions of smart utility meters worldwide and growing
European Utility Week 2018 – Semtech
Corporation (Nasdaq: SMTC), a leading supplier of high performance analog and mixed-signal semiconductors and advanced
algorithms, announced its demonstration leveraging
LoRa® devices and wireless radio frequency technology (LoRa Technology) at European Utility Week (EUW) 2018 in booth B.b70,
Vienna, Austria.
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Semtech’s LoRa Technology the Platform of Choice for Smart Utilities (Photo: Business Wire)
“Current estimates suggest the global smart water meter market will surpass
$2B in 2020,” said Vivek Mohan, Director of IoT in Semtech’s Wireless and Sensing Products Group. “LoRa Technology is a proven
leader for smart meter applications, delivering solutions that are easy to scale, optimizing operational cost and reducing utility
waste.”
Tens of millions of LoRa-based smart meter solutions were deployed in 2018* and, with constant urbanization as well as demand
for greater efficiency, utility companies need to augment capacity while developing new solutions to optimize management of their
existing assets. Currently, there are hundreds of companies worldwide leveraging
Semtech’s LoRa Technology in a smart metering or utility management solution. These include
IOTLABS, a Spanish IoT company specializing in LoRa-based solutions, and
CRA, a leading provider of LoRa-based IoT solutions for smart cities and farms, to utilities and logistics.
To schedule a meeting with Semtech at European Utility Week, visit booth B.b70 and visit the Semtech website to
learn more about LoRa-based smart metering use cases.
About Semtech LoRa® Devices and Wireless RF Technology
Semtech’s LoRa devices and wireless radio frequency technology is a widely adopted long-range, low-power solution for IoT that
gives telecom companies, IoT application makers and system integrators the feature set necessary to deploy low-cost, interoperable
IoT networks, gateways, sensors, module products, and IoT services worldwide. IoT networks based on the LoRaWAN™ specification have
been deployed in 100 countries and Semtech is a founding member of the LoRa Alliance™, the fastest growing IoT Alliance for Low
Power Wide Area Network applications. To learn more about how LoRa enables IoT, visit Semtech’s LoRa
site and join the LoRa
Community to access free training as well as an online industry catalog showcasing the products you need for building your
ideal IoT application.
About Semtech
Semtech Corporation is a leading supplier of high performance analog and mixed-signal semiconductors and advanced algorithms for
high-end consumer, enterprise computing, communications, and industrial equipment. Products are designed to benefit the engineering
community as well as the global community. The Company is dedicated to reducing the impact it, and its products, have on the
environment. Internal green programs seek to reduce waste through material and manufacturing control, use of green technology and
designing for resource reduction. Publicly traded since 1967, Semtech is listed on the Nasdaq Global Select Market under the symbol
SMTC. For more information, visit www.semtech.com.
Forward-Looking and Cautionary Statements
All statements contained herein that are not statements of historical fact, including statements that use the words “will,”
“designed to,” or other similar words or expressions, that describe Semtech Corporation’s or its management’s future plans,
objectives or goals are “forward-looking statements” and are made pursuant to the Safe-Harbor provisions of the Private Securities
Litigation Reform Act of 1995, as amended. Such forward-looking statements involve known and unknown risks, uncertainties and other
factors that could cause the actual results of Semtech Corporation to be materially different from the historical results and/or
from any future results or outcomes expressed or implied by such forward-looking statements. Such factors are further addressed in
Semtech Corporation’s annual and quarterly reports, and in other documents or reports, filed with the Securities and Exchange
Commission (www.sec.gov)
including, without limitation, information under the captions “Management’s Discussion and Analysis of Financial Condition and
Results of Operations” and “Risk Factors.” Semtech Corporation assumes no obligation to update any forward-looking statements in
order to reflect events or circumstances that may arise after the date of this release, except as required by law.
*Data from Semtech Internal
Semtech, the Semtech logo and LoRa are registered trademarks or service marks, and LoRaWAN is a trademark or service mark, of
Semtech Corporation or its affiliates.
SMTC-P
Semtech Corporation
Ronda Grech, 805-250-1263
rgrech@semtech.com
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