Sequans and Momentum IoT Partner on Cloud-Based Telematics Solution for Fleet Managers
May 13 2019 - 08:00AM
Business Wire
LTE for IoT chipmaker Sequans Communications S.A. (NYSE: SQNS)
and Momentum IoT, fleet management hardware and software solutions
provider, have joined forces to add LTE-M connectivity to the
Momentum IoT Eagle 1 telematics tracking device for a total
solution that makes fleet management more user-friendly and more
cost-effective. The Momentum IoT Eagle 1 allows fleet managers to
monitor and track the status of virtually everything in their
fleets, from location and fuel consumption to maintenance
problems.
“Adding LTE-M connectivity to the Eagle 1 is crucial to our
fleet manager customers because important data, including location,
trip activity, or real-time maintenance issues, can now be
transmitted via the always on and everywhere available nationwide
LTE-M network, which provides connectivity at a lower cost and with
lower power consumption,” said Justin Silva, CEO of Momentum IoT.
“We chose Sequans’ Monarch because it is the world’s leading
LTE-M/NB-IoT chip, and Sequans is the proven leader in LTE for IoT.
They help us offer better value and higher performance for field
service managers.”
The Momentum Eagle 1 is an ultra-advanced and rugged device that
is easy to install with plug-in connectors that need no wiring. The
auto-load feature automatically sets up the vehicle in the
dashboard where fleet managers can instantly view odometer,
voltage, and fuel level readings, as well as the idle, park, or
moving status of every truck or vehicle in their fleet. Managers
have full visibility of trucks on the map, including distance from
site and deviations. Notifications are provided for trip length and
speed reports, and alerts are provided for maintenance issues.
“We are pleased to partner with Momentum IoT to bring the truly
innovative Eagle 1 telematics solution to market,” said Georges
Karam, CEO of Sequans. “Momentum IoT is enabling fleet operators of
all sizes to benefit from telematics solutions that have previously
been available only to big companies---they are making it simpler
and more cost-effective, while providing the full range of
telematics features with high security.”
The LTE connectivity in the Momentum Eagle 1 telematics device
is powered by Sequans Monarch LTE-M/NB-IoT Platform. Monarch
provides full support for power saving mode (PSM) and extended
discontinuous reception (eDRX) to enable long battery life, and it
provides enhanced coverage modes, including a +23 dBm power
amplifier, that extend coverage for deep-indoor and remote
deployments. For LTE positioning, Monarch incorporates the
positioning technology of Polte for accurate, low power, indoor and
outdoor positioning capability using only the LTE radio. Monarch
delivers programmable RF filtering for global band support in a
Single-SKU™, and proprietary dynamic power management technology,
enabling rock bottom power consumption of 1 micro amp. Monarch is
certified by operators around the world. www.sequans.com.
“With Momentum, we saw immediate results,” said Chris Spano, CEO
of Traffic Management Inc. “With accurate visibility, we were able
to deploy more projects with higher daily utilization and more
accurate billing. This has become a key competitive advantage. Our
clients see us at our best. Momentum made it happen.”
The Momentum Eagle 1 telematics solution is now available. For a
free trial and/or demo of the Momentum IoT Eagle 1 telematics
tracker solution, please visit https://momentumiot.com/#/about.
Sequans will be at IoT World this week in Santa Clara, May
13-16; please contact events@sequans.com to request a meeting.
About Momentum IoT
Momentum IoT helps small and mid-sized fleet managers locate and
manage their trucks, trailers, heavy and light equipment with
kickass telematics tracking solutions at affordable prices, with no
contract. Momentum IoT was built from gravel up by people who
worked in field services. Based in Long Beach, CA, Momentum
IoT received a 2019 CompassIntel IoT Award in the Fleet Management
Tracking category. To learn more about Momentum IoT, visit
www.momentumiot.com
About Sequans Communications
Sequans Communications S.A. (NYSE: SQNS) is a leading provider
of single-mode 4G LTE semiconductor solutions for the Internet of
Things (IoT) and a wide range of broadband data devices. Founded in
2003, Sequans has developed and delivered seven generations of 4G
technology and its chips are certified and shipping in 4G networks
around the world. Today, Sequans offers two LTE product lines:
StreamrichLTE™, optimized for broadband devices, including CPE,
mobile and portable routers, and high-performance IoT devices; and
StreamliteLTE™, optimized for lower data rate and narrowband IoT
devices, including wearables, trackers, and sensors. 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
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version on businesswire.com: https://www.businesswire.com/news/home/20190513005149/en/
Momentum IoT contact:Ginger Campbell, SNAP
Productionsginger@snap-productions.com323.933.455 (o); 213.760.7414
(c)
Sequans contacts:Media relations: Kimberly Tassin (USA),
+1.425.736.0569, kimberly@sequans.comInvestor relations: Claudia
Gatlin (USA), +1 212.830.9080, claudia@sequans.com
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