PARIS, France – March 12, 2019 – Sequans Communications S.A. (NYSE: SQNS) announced that Lockheed Martin (NYSE: LMT), world leader in aerospace, defense, security, and other advanced technologies, is working with Sequans to develop new 4G LTE for satellite technologies for worldwide deployment. The two companies are enabling LTE end user devices to connect directly to geostationary satellites in a world-first achievement with wide application.
“Sequans has expertise adapting LTE technology for special purposes such as this one,” said Scott Landis, a director at Lockheed Martin. “Sequans engineers modified their existing LTE chips to enable a new LTE-to-satellite communication specification developed by Lockheed Martin. LTE to satellite represents an important breakthrough in mobility and connectivity.”
According to industry analysts, satellite is a critical component of communications networks, including IoT and M2M networks, as the industry evolves to 4G, 5G and beyond. Northern Sky Research predicts that by 2023 there will be 5.8 million machine-to-machine (M2M) and IoT connections via satellite worldwide.
“The work we are doing with Lockheed Martin to integrate LTE with satellite represents a significant evolution as we modify our LTE chips to take advantage of the huge satellite opportunity now developing for M2M and IoT applications,” Georges Karam, Sequans CEO. “Enabling the LTE modem to speak to satellite networks as simply and as easily as possible will have a major impact on handling the huge potential volume of broadband and IoT applications that require space-based, ubiquitous communications, such as connected cars, shipping, and navigation.”
This project with Lockheed Martin is the latest development Sequans has undertaken as part of its “Custom Technology Solutions” initiative where Sequans experts have addressed some of the world’s most difficult and exciting communications challenges. In addition to satellite, Sequans has adapted its technology for projects in other markets, including aviation, transportation, public safety, and government. For more information, see CustomTech.
About Sequans Communications
Sequans Communications S.A. (NYSE: SQNS) is a 4G chipmaker and leading provider of single-mode LTE chipset solutions to wireless device manufacturers worldwide. Founded in 2003, Sequans has developed and delivered six generations of 4G technology and its chips are certified and shipping in 4G networks, both LTE and WiMAX, around the world. Today, Sequans offers two LTE product lines: StreamrichLTE™, optimized for feature-rich mobile computing and home/portable router devices, and StreamliteLTE™, optimized for M2M devices and other connected devices for the Internet of Things. Sequans is based in Paris, France with additional offices in the United States, United Kingdom, Israel, Hong Kong, Singapore, Sweden, Taiwan, South Korea, and China. Visit Sequans online at www.sequans.com, www.facebook.com/sequans, www.twitter.com/sequans
About Lockheed Martin
Headquartered in Bethesda, Maryland, Lockheed Martin is a global security and aerospace company that employs approximately 105,000 people worldwide and is principally engaged in the research, design, development, manufacture, integration and sustainment of advanced technology systems, products and services.
Media relations: Kimberly Tassin (USA), +1.425.736.0569, email@example.com
Investor relations: Claudia Gatlin (USA), +1 212.830.9080, firstname.lastname@example.org
Lockheed Martin contact:
Chris Pettigrew, +1 720 607 9445; Christopher.email@example.com