Sequans Receives Major Funding Award for 5G Development from French Government
01/28/21, 1:04 PM
Location
colombesIndustry
internet of things
hardware
Sequans Communications S.A. (NYSE: SQNS), leading provider of chips and modules for 4G and 5G broadband, critical, and massive IoT, has received a multi-million dollar grant from the French government to support technologies the government has determined to be strategic for the national interest. Sequans’ proposal was accepted in the ICT and 5G category, aimed at securing national sourcing of strategic technology for critical connected objects in industrial, medical, scientific, and other markets. Sequans will lead a consortium of seven French companies tasked with developing 5G technology solutions for these critical IoT applications
Company Info
Location
15-55 blvd charles de gaulle
colombes, île-de-france, france
Additional Info
Sequans Communications S.A. (NYSE: SQNS) is a leading developer and supplier of cellular IoT connectivity solutions, providing chips and modules for 5G/4G massive and broadband IoT. 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 IoT applications, Sequans offers a product portfolio based on its Cassiopeia Cat 4/Cat 6 4G and high-end Taurus 5G chip platforms, optimized for low-cost residential, enterprise, and industrial applications. Founded in 2003, Sequans is based in Paris, France with additional offices in the United States, United Kingdom, Israel, Hong Kong, Singapore, Finland, Taiwan, South Korea, and China.