Sequans Communications S.A. (NYSE: SQNS), LTE for IoT chipmaker, and Polte Corporation, provider of advanced Cloud Location over Cellular (C-LoC) solutions, have announced they will embed Polte´s C-LoC software on Sequans Monarch LTE platform, thereby creating a low-cost, low-power LTE for IoT location solution that does not require GPS/GNSS or other radios for accurate indoor and outdoor positioning, the companies said.
With the Monarch LTE chipset enabled with Polte´s C-LoC technology, the need for additional radios and the additional cost and power they require is eliminated. The Polte C-LoC solution provides excellent indoor location capability where GPS/GNSS cannot, and also enhances the security of enabling location for IoT devices.
Market analysts have estimated that the addressable market for the tracking and tracing of mobile assets numbers in the billions of units, including more than 10 billion units just for pallets. Through their collaboration, Sequans and Polte aim to remove barriers to this market, making it affordable and effective to track assets, such as industrial pallets, via LTE alone.
Headquartered in Dallas, Texas, Polte is the provider of Cloud Location over Cellular (C-LoC) solutions. Leveraging 4G & 5G signals, Polte´s cloud-based platform powers Internet of Things (IoT) devices with real-time location determination as they move between indoor and outdoor environments. Visit Polte online at polte.com.
Sequans Communications S.A. (NYSE: SQNS) is a 4G chipmaker and provider of single-mode LTE chipset solutions to wireless device manufacturers worldwide. Founded in 2003, Sequans has developed and delivered six generations of 4G technology and its chips are certified and shipping in 4G networks around the world. Visit Sequans online at www.sequans.com, www.facebook.com/sequans, www.twitter.com/sequans