CAMARILLO, Calif.–(BUSINESS WIRE)–Nov. 10, 2022–
Semtech Corporation (Nasdaq: SMTC), a leading global provider of high-performance analog and mixed-signal semiconductors and advanced algorithms, announces its collaboration with Exeger, a Swedish high-tech company manufacturing fully customizable solar cells . The combination of Semtech’s LoRa Edge™ asset management platform with Exeger’s Powerfoyle solar cell technology dramatically extends the battery life of asset tracking and environmental sensing devices.
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Exeger’s Powerfoyle solar harvest cell technology combined with Semtech’s LoRa Edge platform enables more efficient and sustainable IoT tracking applications. (Graphic: Business Wire)
Semtech’s LoRa Edge analyzes GNSS satellites as well as Wi-Fi SSIDs and distributes processing between IoT devices and the LoRa Cloud™ to determine location. The cloud-based solver drastically reduces power consumption and increases battery life. Exeger’s Powerfoyle is particularly flexible and durable and can be integrated seamlessly into any electronic device. Solar cell technology converts all forms of light to charge and power devices with clean, endless energy.
“Combining the benefits of Powerfoyle with the ultra-low-power capabilities of Semtech’s LoRa® devices will provide IoT applications with extended, even unlimited battery life,” said Dr. Oscar Hemberg, Director of Product Integration at Exeger. “Together, we are moving closer to energy independence through more sustainable products powered by clean, inexhaustible energy.”
Powerfoyle’s patented material integrates into IoT sensors with Semtech’s LoRa Edge chip-to-cloud platform with the goal of creating a new standard for eco-friendly platforms for the IoT industry. The combination of the two technologies is expected to spur a world of new solar-powered tracking applications for geolocation use cases, including indoor and outdoor asset tracking, global supply chain logistics, agriculture , smart utilities and smart cities.
“LoRa devices enable smart IoT applications that help solve some of the biggest challenges facing our planet,” said Marc Pegulu, vice president and general manager of Semtech’s Wireless and Sensing Products Group. “The collaboration between Semtech and Exeger will enable manufacturers to develop IoT devices leveraging new energy harvesting technology for a smarter and more sustainable future.
New IoT asset trackers will be showcased at EdgeTech+ 2022, November 16-18, 2022, Yokahama, Japan at the LoRa Pavilion, Booth A-H04. Register to watch the show here.
To learn more about Exeger’s Powerfoyle, please visit here.
More information on Semtech’s LoRa Edge platform can be found here.
About Semtech’s LoRa® Platform
Semtech’s LoRa chip-to-cloud platform is a globally adopted, long-range, low-power solution for IoT applications, enabling the rapid development and deployment of networks, gateways, sensors, module products and IoT products with long range, ultra-low power and cost-effective IoT services worldwide. Semtech’s LoRa technology provides the communication layer for the LoRaWAN® standard, which is maintained by the LoRa Alliance®, an open IoT alliance for Low Power Wide Area Network (LPWAN) applications that has been used to deploy IoT networks in more than 173 countries. Semtech is a founding member of the LoRa Alliance and produces “The WAN Network Show” podcast to connect massive IoT end users to LoRaWAN network operators worldwide. With the proliferation of LoRa devices and the LoRaWAN standard, the LoRa Developer Portal is a technical support platform for IoT innovators to learn, connect, collaborate, and find resources to accelerate product development efforts and accelerate time to market. To learn more about how LoRa is enabling the IoT and creating a more sustainable and smarter planet, visit Semtech’s LoRa site.
Exeger is a Swedish company with unique solar cell technology that converts all forms of light into electrical energy. This material, Powerfoyle, is the only fully customizable solar cell in the world. Thanks to its superior design properties, it can be integrated seamlessly into any electronic device. Powerfoyle enhances every product it is integrated into with extended, even unlimited battery life, putting the power of advanced solar cell technology directly into people’s hands. Exeger is leading the way to energy independence through more sustainable and user-friendly products – with a vision to touch the lives of one billion people by 2030. For more information, visit www.exeger.com and www .powerfoyle.com.
Semtech Corporation is a leading global provider of high-performance analog and mixed-signal semiconductors and advanced algorithms for high-end infrastructure, consumer and industrial equipment. The products are designed to benefit the engineering community as well as the global community. The Company is committed to reducing its impact and that of its products on the environment. Internal green programs aim to reduce waste through control of materials and manufacturing, use of green technologies and design 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 Statements and Cautions
All statements contained herein that are not statements of historical fact, including statements that use the words “will”, “aim”, “should”, “designed for” or other similar words or expressions , which describe Semtech Corporation or its management. any 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. These forward-looking statements involve known and unknown risks, uncertainties and other factors that could cause Semtech Corporation’s actual results to be materially different from historical results and/or any future results or results expressed or implied by these forward-looking statements. . These factors include, but are not limited to: uncertainty surrounding the impact and duration of supply chain constraints and any associated disruptions; uncertainty surrounding the impact and duration of the COVID-19 pandemic; export restrictions and laws affecting Semtech Corporation’s trade and investments, including with respect to Huawei and certain of its subsidiaries and other entities identified by the U.S. government, and tariffs or the occurrence of trade wars; global economic and political disruption resulting from the ongoing conflict between Russia and Ukraine; competitive changes in the marketplace, including, but not limited to, the pace of growth or rates of adoption of applicable products or technologies; business cycle downturns; and additional risk factors set forth in Semtech Corporation’s Annual Report on Form 10-K filed with the Securities and Exchange Commission (www.sec.gov) on March 16, 2022, as such risk factors may be updated, modified or replaced from time to time. times by subsequent reports that Semtech Corporation files with the Securities and Exchange Commission. Semtech Corporation undertakes no obligation to update forward-looking statements to reflect events or circumstances that may occur after the date of this release, except as required by law.
Semtech, the Semtech logo, and LoRa are either registered trademarks or service marks, and LoRa Edge and LoRa Cloud are trademarks or service marks of Semtech Corporation or its affiliates.
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PUBLISHED: 10/11/2022 08:00/DISC: 10/11/2022 08:02
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