Semtech Releases a New Portfolio of Solutions, LoRa Edge™, to Simplify and Accelerate IoT Applications

Semtech Corporation (Nasdaq: SMTC), a leading supplier of high performance analog and mixed-signal semiconductors and advanced algorithms, has today announced LoRa Edge™, a new highly versatile and low power software defined LoRa®-based platform that will enable a wide portfolio of applications for indoor and outdoor asset management, targeting industrial, building, home, agriculture, transportation, and logistics markets.

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LoRa Edge geolocation solution (Photo: Business Wire)

The first product from this portfolio is a geolocation solution that revolutionizes the development of Internet of Things (IoT) devices for asset management applications, featuring low power Wi-Fi and GNSS sniffing capabilities combined with simple to use and cost effective LoRa Cloud™ geolocation and device management services to significantly reduce the cost and complexity of locating and monitoring IoT assets.

"Semtech continually delivers Internet of Things (IoT) solutions that simplify and accelerate the development of LPWAN applications,” said Pedro Pachuca, Director of IoT Wireless in Semtech’s Wireless and Sensing Products Group. "LoRa Edge and LoRa Cloud geolocation services enable customers to develop ultra-low power applications for a variety of industries and will expand the mass adoption of LoRa in the IoT ecosystem.”

Over the next decade, 500 billion devices are expected to connect to the internet (Cisco), as organizations continue to shift towards a more IoT-focused business strategy, and the majority of those IoT devices require some form of localization capability either at point of install or through the asset's life. The LoRa Edge geolocation platform will enable solution providers to leverage the unique localization capabilities of LoRa as well as GNSS and Wi-Fi scanning capabilities from a single chip solution, allowing customers to choose the best localization tool for the application task they are addressing.

By removing the need for incremental GNSS and Wi-Fi components, LoRa Edge reduces the bill of material (BOM) costs of devices and significantly reduces design and procurement complexity. With the addition of LoRa Cloud geolocation services, providing easy-to-use and cost effective TDOA, GNSS and Wi-Fi-based location calculation in the Cloud to dramatically reduce device power requirements and improve asset management efficiency, LoRa Edge enables customers to further manage total cost of ownership (TCO), paying only when they need an asset to be located. The best-in-class key provisioning at point of manufacture and a secure join process further simplifies the development of IoT solutions, which adhere to customers exacting expectations of security.

The first LoRa Edge chipset targeted with geolocation (LR1110) is available today and more products from this portfolio will be released in the first half of 2020.

To learn more, visit the Semtech website.

Key Product Features:

Multi-Purpose Radio Front-End

• 150 - 2700 MHz continuous frequency synthesizer range
• GPS/BeiDou scanning
• Wi-Fi passive scanning

Low-Power LoRa/(G)FSK RF Transceiver

• Worldwide frequency bands support in the range 150 – 960 MHz
• High power PA path +22 dBm
• High efficiency PA path +15 dBm
• Fully compatible with the LoRaWAN® standard

Cryptographic Engine

• Hardware support for AES-128 encryption/decryption based algorithms
• Handling device parameters such as DevEUI and JoinEUI
• Protects confidential information such as encryption keys
• Stores NwkKey, AppKey, as defined in the LoRaWAN standard

About Semtech’s LoRa® Devices

Semtech’s LoRa devices are widely adopted long-range, low-power solutions 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 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 "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.

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