Semtech’s LoRa Technology Integrated in Lemonbeat’s Utility Metering Solution
Summary
“During the development of our lean metering solution, we quickly realized that an innovative combination of our own high-bandwidth radio protocol with LoRa Technology’s long range capabilities would be very useful and offer a clear added value," said Oliver van der Mond, CEO of Lemonbeat GmbH.“Lemonbeat’s solutions offer a compelling mix of accurate and efficient energy monitoring, with an ease in reading for the utility provider,” said Vivek Mohan, Director of IoT in Semtech’s Wireless and Sensing Products Group.As a standardized product, it replaces the in-house development of an individual communication infrastructure and thus saves around 70% of the costs commonly involved in creating and maintaining an IoT application.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.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.
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