Semtech’s LoRa Technology Integrated By Brazilian Vehicle Tracking Manufacturer
Maxtrack develops LoRa-based asset tracking solution to recover stolen property
Camarillo, California - April 19, 2017
CAMARILLO, Calif., Apr. 19, 2017 – Semtech Corporation (Nasdaq: SMTC), a leading supplier of analog and mixed-signal semiconductors, announced that Maxtrack, a leader in vehicle tracker manufacturing, has chosen Semtech’s LoRa® devices and wireless RF technology (“LoRa RF Technology”) as the main platform for its tracking solution that helps recover stolen vehicles and cargo.The tracking system has been introduced in metropolitan areas of Brazil where LoRaWAN networks are currently being deployed. The aftermarket tracking solution is currently a preferred technology for insurance companies to recover vehicles as they plan implementation in mid-2017.
LoRa Technology provides a long-range, low-power wireless platform that enables the connectivity of Internet of Things’ (IoT) gateways and sensors. The integration of LoRa Technology provides Maxtrack’s customers with extended communication that reach beyond cellular networks and reduce the customer’s total cost of operation (TCO).
“Semtech’s LoRa Technology helps differentiate us from our competitors’ solutions,” said Gustavo Travassos, Chief Executive Officer at Maxtrack. “The key benefits, including reducing the total operation cost, minimizing the device size and simple installation, has allowed us to better support our customers with a superior tracking solution that they need.”
“This use case for automobile applications demonstrates LoRa Technology’s ability to easily track valuable assets,” said Vivek Mohan, Director of Marketing for Semtech’s Wireless and Sensing Products Group. “With the growth of smart cities and asset tracking applications, LoRa Technology is solving real-life problems with leading technology while also improving operations and efficiencies for solution providers.”
Key Features of LoRa Technology:
Maxtrack is a genuinely Brazilian company, founded in 1999 by Group MXT Holding Company. The company is a pioneer in tracking solutions for vehicles, with quality and diversification of products that have contributed to its recognition and notoriety not only in Brazil, but also in Asia, Europe and Latin America. Maxtrack is responsible for the monitoring system installed in 100% of the mass transit fleets in Santiago, Chile, and Salta, Argentina. Maxtrack is the only company in the national segment that produces and uses its own modem in its tracking devices and has built-in wireless communication solutions that allow safe, practical and efficient use.
Semtech Corporation is a leading supplier of analog and mixed-signal semiconductors for high-end consumer, enterprise computing, communications, 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.
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Ronda Grech, Public Relations, Telephone: (805) 480-2193