Semtech and Swarm Deliver Satellite Communications With LoRa®
Summary
CAMARILLO, Calif.--(BUSINESS WIRE)--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). 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 Corporation is a leading supplier of high performance analog and mixed-signal semiconductors and advanced algorithms for infrastructure, high-end consumer 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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