Sequans Communications S.A. (NYSE: SQNS) is a leading developer and provider of 5G and 4G chips and modules for IoT devices. For 5G/4G massive IoT applications, Sequans provides a comprehensive product portfolio based on its flagship Monarch LTE-M/NB-IoT and Calliope Cat 1 chip platforms, featuring industry-leading low power consumption, a large set of integrated functionalities, and global deployment capability. For 5G/4G broadband and critical IoT applications, Sequans offers a product portfolio based on its Cassiopeia 4G Cat 4/Cat 6 and high-end Taurus 5G chip platforms, optimized for low-cost residential, enterprise, and industrial applications.
In 2003, Georges Karam and a team of broadband experts from Alcatel and Pacific Broadband founded Sequans as a pure play 4G chip company to address the WiMAX market, where it became the recognized leader by 2011. Sequans went on to deliver three generations of WiMAX technology and then four generations of LTE technology in quick succession, delivering its first LTE chip, Colibri, in 2010. Sequans became known as a leader in LTE for IoT when it developed the first IoT-optimized Category 1 (Cat 1) chipset, Calliope, which quickly took hold in the market as an IoT low cost and low power solution, and today is deployed by leading operators, including Verizon, AT&T, T-Mobile, and NTT DoCoMo. In 2013, Sequans began investing in and developing 5G technology, joining the 5G PPP and establishing a 5G research partnership with TCL.
In another industry first, Sequans then introduced the world’s first LTE-M/NB-IoT single chip solution, Monarch, based on the 3GPP Release 13 narrowband standard, published in June of 2016. Because of its leadership position in bringing this newest narrowband LTE technology to market, Sequans powered the very first LTE Cat M1 devices in the market and became a chosen technology partner of some of the world’s leading IoT market leaders, including operators Verizon, AT&T, Sprint, T-Mobile, NTT DoCoMo, and KDDI, and LTE module makers Gemalto, WNC, Foxconn, Wisol, Asiatelco, USI, Pycom, Fibocom, and technology leaders Skyworks and STMicroelectronics. Monarch is now certified by operators around the world, including USA, Japan, Australia, and Europe.
Sequans established distribution partnerships with Avnet and Richardson RFPD in 2019 and began selling modules and development kits, along with chips, in coordination with these distribution partners. Sequans also established partnerships with leading MCU providers, Microchip and NXP, and will be introducing joint solutions combining the MCUs of these partners along with the 5G/4G connectivity chips of Sequans in a single solution.
Sequans has been developing 5G since 2013 and has established an office in Israel dedicated to bringing 5G products to market. The 5G products Sequans is readying for production include its 5G-compliant Monarch 2 LTE-M/NB-IoT chip announced in 2019 that will address the massive IoT market, and the coming new Taurus 5G chip that will address the broadband and critical IoT markets.
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