Semtech and Vision Expand Smart Utility Meter Adoption With LoRaWAN®
13 Abril 2021 - 7:02AM
Business Wire
LoRa® devices enable utilities to
remotely access meters in rural and dense urban areas
Semtech Corporation (Nasdaq: SMTC), a leading supplier of high
performance analog and mixed-signal semiconductors and advanced
algorithms, today announced that Vision Metering, LLC (Vision), a
leading developer of Internet of Things (IoT) utility advanced
metering infrastructure (AMI)-based smart electric meters and meter
interface units for water and gas meters, has increased its
deployment of solutions by incorporating the LoRaWAN protocol
across key markets in the U.S. and Latin America.
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Semtech and Vision Expand Smart Utility
Meter Adoption With LoRaWAN® (Photo: Business Wire)
As a result of integrating Semtech’s LoRa devices and the
LoRaWAN protocol, Vision has confirmed it has been quickly
onboarding municipal utilities across the U.S. and Latin America
with its metering hardware and software at a rate of two to three
per week. Vision helps customers install their own LoRaWAN networks
and provides them with plug and play tools to manage their systems,
avoiding costly third-party connectivity contracts. Additionally,
Presque Isle Electric & Gas Co-Op, a Vision customer, reported
it is conducting a full system deployment for its rural electric
cooperative over a nine county area in Northeast Michigan to
replace its monthly member-read honor system and annual “true-up”
task of manually reading 47,500 meters. Moreover, a representative
from the Ferry County Washington Public Utility District No.1
shared that District No. 1 is projected to save over $20,000 this
year just by eliminating 100-mile round trip transportation costs
to read the electric meters of remote customers in the Cascades
through the adoption of the end devices featuring LoRa, according
to a spokesperson.
“Semtech’s LoRa devices have been instrumental in our
development and successful rollout of a new completely modular
system for any combination of electrical, water and gas utilities,”
said Randy Austin, President and CEO of Vision. “Our cooperative
and public owned utility customers are saving all kinds of money by
upgrading legacy systems to Vision’s fixed, long range AMI
solutions that eliminate traditional manual meter reading methods
and expensive truck rolls to turn services on and off.”
Semtech’s innovative technology has a diverse range of
applications including smart cities, health care, utilities, supply
chain and logistics, and more, which aligns with Vision’s goal of
designing and bringing smart electricity, gas and water meters
throughout the globe.
“Vision’s smart meter solutions utilizing LoRa empower utility
companies in both urban and rural areas with smart, sustainable and
efficient utility management,” said Marc Pegulu, vice president of
IoT for Semtech’s Wireless and Sensing Products Group. “The ease of
deployment, scalability and cost-savings capabilities of LoRaWAN
make it the de facto platform connectivity choice for a growing
market of electrical, water and gas IoT monitoring
applications.”
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 Vision Metering
Vision Metering, LLC is an electrical/electronic manufacturing
company based out of York, South Carolina. With a forward-thinking
mentality, innovative engineering team and strategically positioned
partnerships, Vision Metering has become an internationally
recognized brand that embodies both quality products and
unparalleled customer service. For more information, visit
www.visionmetering.com.
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
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Linh Dinh Semtech Corporation (805) 250-1263
ldinh@semtech.com
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