Semtech and WITRAC Provide Cold Chain Control for Maritime Corridor With LoRaWAN®
February 18 2021 - 8:00AM
Business Wire
The LoRaWAN protocol tracks and improves the
transportation of fresh goods from Spain to Canary Islands
Semtech Corporation (Nasdaq: SMTC), a leading supplier of high
performance analog and mixed-signal semiconductors and advanced
algorithms, announced that WITRAC, a company developing solutions
with real-time location and telemetry capabilities, has integrated
the LoRaWAN® protocol and LoRa® 2.4GHz into its global track and
trace platform to provide customers with full control and
traceability of assets in the supply chain.
This press release features multimedia. View
the full release here:
https://www.businesswire.com/news/home/20210218005278/en/
WITRAC leverages LoRaWAN and LoRa 2.4 GHz
(Graphic: Business Wire)
“Semtech’s LoRa devices have been instrumental in supporting
WITRAC’s mission to re-evolve and digitize Industry 4.0 through
visibility, traceability, control, and efficiency,” said Javier
Ferrer, CEO of WITRAC. “Our customers and their stakeholders have
the ability to guarantee delivery times and maintain appropriate
temperature conditions of fresh food transport inside refrigeration
units throughout the entire cold chain by leveraging the long
range, low power capabilities of LoRaWAN networks and the global
reach of LoRa 2.4GHz.”
A partnership of Boluda Corporación Marítima, a leading global
maritime services provider, has selected WITRAC’s platform to
monitor and ensure quality of cold chain transport in real-time (24
hours) for Boluda’s new Daily Canarias line, providing the citizens
of the Canary Islands with the first daily transportation of goods
from the peninsula. Location and temperature status of fresh goods
and medicines are tracked on seven container vessels traveling the
maritime corridor linking the Port of Cádiz to the island ports of
Las Palmas and Tenerife. Tracking and monitoring continue
uninterrupted while unloading goods from ships to land transport
reefer containers that also use IoT controllers to automatically
keep food and medicines within a pre-determined temperature range
when traveling to the food retail (i.e., fresh food) and
pharmaceutical (i.e., COVID-19 vaccine) industries.
“Our collaboration with WITRAC replaces antiquated manual
processes with sensors integrated with Semtech’s LoRa devices to
provide customers with real-time temperature data to maintain a
consistent temperature and help meet regulatory food safety
requirements,” said Marc Pegulu, Vice President of IoT Product
Marketing for Semtech’s Wireless and Sensing Products Group. “The
ease of deployment, scalability and cost-savings capabilities of
the LoRaWAN protocol make it the LPWAN connectivity of choice for
the smart supply chain and logistics IoT market.”
To learn more about Semtech’s IoT solutions, visit the
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 devices provide the
communication layer for the LoRaWAN® protocol, 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.
About WITRAC
WITRAC helps companies be more efficient and competitive thanks
to innovative technological solutions that connect and give
visibility to the value chain of its clients. Able to identify,
locate, measure, and control wirelessly and in real time, any
asset, anywhere, WITRAC fabricates its own hardware and software
based on the IoT and AI technology, in order to satisfy the
industry's tracing needs. Its digitalization and automatization
solutions combine multiple connectivity devices and protocols with
a management platform, in order to generate data and transform it
into useful information and valuable insights. Please visit
www.witrac.es.
About Semtech
Semtech Corporation is a leading 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 “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.
SMTC-P
View source
version on businesswire.com: https://www.businesswire.com/news/home/20210218005278/en/
Linh Dinh Semtech Corporation (805) 250-1263
ldinh@semtech.com
Semtech (NASDAQ:SMTC)
Historical Stock Chart
From Apr 2024 to May 2024
Semtech (NASDAQ:SMTC)
Historical Stock Chart
From May 2023 to May 2024