CAMARILLO, CALIF.--(BUSINESS WIRE)--
Semtech Corporation (Nasdaq: SMTC), a leading global supplier of high performance analog and mixed-signal semiconductors and advanced algorithms, announced its collaboration with Elvexys, designer of innovative and robust solutions for data management, engineering of energy transport and distribution networks in Europe, and Oiken, a Swiss distributor of electricity serving 90,000 end customers, for an Internet of Things (IoT)-enabled sensor. Elvexys leverages Semtech’s LoRa® devices and LoRaWAN® connectivity to provide real-time data to Oiken’s supervision control room when a power grid failure is detected. According to Oiken, utilizing the LoRaWAN standard for smart grid monitoring was simple to integrate into their existing SCADA system and easy to deploy in the field, reducing deployment times and costs for a complete solution.
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The implementation of LoRaWAN® connectivity devices reduce costs and deployment time (Photo: Business Wire)
“Before implementing IoT sensors, when a power failure was detected, there was no instant communication of the short circuit, which was costly to locate and fix,” said Alain Perruchoud, converged network director at Oiken. “Now as new sensors implementing LoRaWAN are available for the power substation and can watch enabling instant relay of such critical data, we can monitor better the power grids in real time and dispatch an operator exactly where short circuit failures occurred.”
The sensor solution from Elvexys for Oiken was validated by Oiken in power substations. The short circuit sensor comes in two parts: the communication module installed on a DIN rail in a cabinet and the Rogowski coil which measures current on cable directly and detects the peak current caused typically by the short circuits. Oiken and Elvexys claim that without implementing LoRaWAN into the solution, the solution would cost about 10 times more and require 20 years to deploy.
“Elvexys and Oiken’s deployment of LoRaWAN is showcasing the value of IoT and low power, wide area networks (LPWAN) to improve utilities infrastructure to become smarter and more effective,” said Marc Pégulu, vice president of IoT product marketing and strategy for Semtech’s Wireless and Sensing Products Group. “As power failures are detected and fixed instantly, the technology is providing benefits not only to the utilities companies, but also the citizens who depend on the reliable infrastructure.”
For more information on how Semtech’s LoRa devices are innovating smart utilities, please visit here.
Elvexys is a company specialized in network digitalization and since 2021, is part of Condis Group. The goal is to provide all clients with innovative, technologically advanced and reliable solutions in the field of energy services. Through many years of experience, Elvexys have developed a wide range of expertise and concrete skills in a variety of technologies, such as IEC 61850, LoRaWAN network, industrial IoT, communication gateways, and cybersecurity. To learn more, visit the Elvexys website.
About Semtech’s LoRa® Platform
Semtech’s LoRa device-to-Cloud platform is a globally adopted long range, low power solution for IoT applications, enabling the rapid development and deployment of ultra-low power, cost efficient and long range IoT networks, gateways, sensors, module products, and IoT services worldwide. Semtech’s LoRa technology provide the communication layer for the LoRaWAN® standard, which is maintained by the LoRa Alliance®, an open IoT alliance for Low Power Wide Area Network (LPWAN) applications that has been used to deploy IoT networks in over 100 countries. Semtech is a founding member of the LoRa Alliance. To learn more about how LoRa enables IoT, visit Semtech’s LoRa site.
Semtech Corporation is a leading global supplier of high performance analog and mixed-signal semiconductors and advanced algorithms for infrastructure, high-end consumer and industrial equipment. Products are designed to benefit the engineering community as well as the global community. The Company is dedicated to reducing the impact it, and its products, have on the environment. Internal green programs seek to reduce waste through material and manufacturing control, use of green technology and designing for resource reduction. Publicly traded since 1967, Semtech is listed on the NASDAQ Global Select Market under the symbol SMTC. For more information, visit www.semtech.com.
Forward-Looking and Cautionary Statements
All statements contained herein that are not statements of historical fact, including statements that use the words “ideal for,” “designed to” or other similar words or expressions, that describe Semtech Corporation’s or its management’s future plans, objectives or goals are “forward-looking statements” and are made pursuant to the Safe-Harbor provisions of the Private Securities Litigation Reform Act of 1995, as amended. Such forward-looking statements involve known and unknown risks, uncertainties and other factors that could cause the actual results of Semtech Corporation to be materially different from the historical results and/or from any future results or outcomes expressed or implied by such forward-looking statements. 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.
Semtech, the Semtech logo and LoRa are registered trademarks or service marks of Semtech Corporation or its affiliates.
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