Semtech and Swarm Deliver Satellite Communications With LoRa®

Semtech Corporation (Nasdaq: SMTC), a leading supplier of high performance analog and mixed-signal semiconductors and advanced algorithms, announced that Swarm Technologies, a global satellite communications network developer, has integrated Semtech’s LoRa® devices into its connectivity solution that enables two-way communications to and from its satellites in Low Earth Orbit (LEO).

This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20210127005362/en/

Swarm integrates Semtech's LoRa in its satellites (Graphic: Business Wire)

"Because Semtech’s LoRa technology is well suited for long distance, low power and wide area coverage applications, it has opened up new Internet of Things (IoT) use cases for Swarm in areas such as logistics, agriculture, connected cars, and energy,” said Ben Longmier, CTO and co-founder of Swarm. "We are thrilled to collaborate with Semtech by utilizing LoRa to help us provide affordable global connectivity for IoT devices at an unprecedented scale.”

Swarm incorporates LoRa on Very High Frequency (VHF) frequencies for uplink and downlink to its satellites from the ground. The network is commercially live, with 72 commercial satellites providing 100 percent global coverage. Swarm plans to deploy a total of 150 commercial satellites by the end of 2021, which are expected to bring latency times down to less than one minute. The user modems, which are integrated into IoT devices, communicate with the satellites, enabling reliable data transfer anywhere on Earth, at all times.

"Semtech and Swarm are working jointly to pursue commercial IoT applications that require less data-intensive communications and fill in the gaps of the existing satellite market,” said Marc Pegulu, Vice President of IoT Product Marketing for Semtech’s Wireless and Sensing Products Group. "The combination of our technologies helps provide reliable and affordable connectivity that keep sensors, equipment and assets connected across land and sea.”

To learn more about Semtech’s IoT solutions, visit the website.

About Semtech’s LoRa® Platform

Semtech’s LoRa device-to-Cloud platform is a globally adopted long range, low power solution for IoT applications, enabling the rapid development and deployment of ultra-low power, cost efficient and long range IoT networks, gateways, sensors, module products, and IoT services worldwide. Semtech’s LoRa devices provide the communication layer for the LoRaWAN® protocol, 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 over 100 countries. Semtech is a founding member of the LoRa Alliance. To learn more about how LoRa enables IoT, visit Semtech’s LoRa site.

About Swarm

Swarm provides the world’s lowest-cost two-way satellite communications network. Founded in 2016, Swarm is committed to making data and communications accessible to everyone, everywhere on Earth. Swarm’s uniquely small satellites enable the company to provide network services and user hardware at the industry’s lowest cost and deliver maximum value to customers across a range of industries including maritime shipping, agriculture, energy, and ground transportation. Swarm received commercial approval from the FCC to launch and operate its Low Earth Orbit satellite constellation in late 2019 and launched its first commercial satellites in September 2020. To connect with Swarm and the world, visit www.swarm.space.

About Semtech

Semtech Corporation is a leading supplier of high performance analog and mixed-signal semiconductors and advanced algorithms for infrastructure, high-end consumer 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 "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 and LoRa are registered trademarks or service marks of Semtech Corporation or its affiliates.

SMTC-P

View source version on businesswire.com: https://www.businesswire.com/news/home/20210127005362/en/