Semtech and itk Create Healthy and Productive Ranches with LoRa® Devices

Semtech Corporation (Nasdaq: SMTC), a leading supplier of high-performance analog and mixed-signal semiconductors and advanced algorithms, announced that itk, a leading French supplier of Internet of Things (IoT)-based smart agriculture applications, has developed a new cattle health monitoring solution based on Semtech’s LoRa® devices. The FarmLife® smart agriculture service and its LoRa-enabled sensors detect cattle estrus, drive improved nutrition and predict the onset of disease to help ranchers better monitor their herd.

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Semtech and itk (Graphic: Business Wire)

"Semtech’s LoRa devices provided the ideal platform on which to develop our cattle monitoring solutions,” said Eric Jallas, CEO at itk. "The IoT technology’s proven advantages for smart agriculture, including long range communication and ultra-low power consumption, were key characteristics for itk to develop its cattle monitoring sensors. LoRa devices’ flexibility in deployment makes a key difference for connecting animals and offers the potential for a significant return on investment (ROI). Our unique solution provides ranchers with tangible, actionable data on the health of their herd to remove variables from ranching and create productive, efficient and profitable ranches.”

Offering a flexible solution for the smart agriculture vertical, Semtech’s LoRa devices create applications that help minimize waste, maximize yield, reduce expenses, and offer farms and ranches an opportunity to operate as efficiently as possible. itk’s LoRa-based sensors deploy simply through a collar equipped to each animal. The collar is non-invasive and immediately begins reporting data on the cow’s health upon deployment. Ranchers monitor their herd from this unique LoRa-based device, which provides the benefits of four value added services: Heat’Live® for heat detection, Feed’Live® for nutrition optimization, Time’Live® for animal welfare, and Vel’Live® for calving detection. These services are available through itk’s FarmLife Cloud platform. In total, deploying itk’s solution costs less than 30€ per animal annually.

In addition to the 300,000 cows already monitored in Europe, approximately 20 ranches have deployed itk’s FarmLife platform in North America, connecting cows to the Cloud through network connectivity from X-TELIA, a leading Canadian network provider. Following this initial deployment, farmers claimed they received an ROI in less than a year through an increase in ranch productivity and efficiency. X-TELIA and itk plan to continue the rollout of this smart agriculture solution in the Canadian market, adding itk’s San’Phone® cattle health monitoring service and its Thermo-bolus sensor to connect up to 2.4 million cows in the coming months.

"From measuring environmental conditions that influence crop production to tracking livestock health indicators, LoRa devices for smart agriculture enable efficiencies that reduce environmental impact, maximize yield and minimize expenses,” said Marc Pegulu, Vice President of IoT for Semtech’s Wireless and Sensing Products Group. "With LoRa, ranchers are empowered knowing that their animals are being monitored more accurately and efficiently than before. itk’s LoRa-based cattle sensor and the Thermo-bolus provide real-time data to enable ranches to operate as healthily and productively as possible.”

Visit the smart agriculture applications page to learn more about LoRa.

About Semtech’s LoRa® Devices

Semtech’s LoRa devices 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.

About itk

itk, Intelligence Technology Knowledge, was created in 2003 in Montpellier, France, to develop Decision Support Tools (DST) for agriculture. The company aims to help farmers optimize the yield and quality of their crops and reduce risks on their farms while protecting the environment through better management of inputs (irrigation, fertilizers, and plant protection products). itk has always had a strong focus on research. In 2016, itk acquired Medria and expanded its methodology and expertise to the animal husbandry industry. For more information, visit https://www.itk.fr/en/.

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 "potential for,” "opportunity to,” "offer,” "enable,” "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.

Semtech, the Semtech logo, LoRa, and LoRaWAN are registered trademarks or service marks of Semtech Corporation or its affiliates.

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