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Semtech’s LoRa Technology Integrated By Maxtrack for Asset Tracking

Semtech's LoRa Technology Integrated By Maxtrack for Asset Tracking

Maxtrack develops LoRa-based asset tracking solution to recover stolen property.

Semtech Corporation announced that Maxtrack, a leader in vehicle tracker manufacturing, has chosen Semtech’s LoRa® devices and 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 reaches beyond cellular networks and reduces 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.”

Source: http://globenewswire.com

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