Sequans and Polte to Add Powerful Location Technology to Sequans Monarch LTE for IoT Platform
Summary
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.“Polte’s cloud-based positioning technology on Monarch provides great value to our IoT customers, especially asset tracker device makers who need low-cost, low-power solutions for outdoor and indoor locations, such as inside warehouses,” said Georges Karam, Sequans CEO.“We are excited to work with Sequans to bring Polte’s location technology to market on Monarch,” said Ed Chao, Polte CEO.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.Sequans Communications S.A. (NYSE: SQNS) is a 4G chipmaker and leading provider of single-mode LTE chipset solutions to wireless device manufacturers worldwide.