SQNS Sequans Communications ADR

Sequans Monarch LTE-M/NB-IoT Module Powers the Next-Generation Building36 Connected Thermostat

Paris, France--(Newsfile Corp. - October 8, 2024) - Sequans Communications S.A. (NYSE: SQNS), a leading 4G/5G IoT semiconductor company, announces today that Building36, an Alarm.com company and innovator in smart home solutions, has selected Sequans Monarch® 2 GM02S module to connect its latest thermostat, the Smart Thermostat HQ.

The new Smart Thermostat HQ, equipped with Sequans Monarch module, offers unparalleled connectivity and performance, redefining ease of installation for HVAC contractors. Monarch, known for its ultra-low power consumption and robust LTE-M/NB-IoT connectivity, ensures that Building36's thermostat provides reliable and seamless communication, enhancing user experience and energy management while eliminating common connectivity issues.

Key features of the Smart Thermostat HQ powered by Sequans Monarch technology include:

  1. Cellular Connectivity: The thermostat connects via a reliable cellular network, eliminating issues like weak WiFi signals and forgotten passwords.
  2. One-Step Customer Setup: Contractors simply enter the homeowner's mobile number, and the system seamlessly creates their account and connects automatically.
  3. Built-in Smart Home Hub: Enables easy expansion to other IoT devices without additional hardware.
  4. Near-Instant Connection: Allows for quick installation and setup, boosting technician productivity.

"We are thrilled to integrate Sequans Monarch module into our Smart Thermostat HQ," said Dan Goodman, President and Founder of Building36. "This collaboration enables us to offer HVAC contractors a game-changing solution that simplifies installation and enhances connectivity. For homeowners, it means a more reliable, energy-efficient smart home experience with seamless expansion capabilities. It's a win-win that truly sets the Smart Thermostat HQ apart in the market."

"Sequans is excited to partner with Building36 to bring our Monarch technology to their innovative Smart Thermostat HQ," said Georges Karam, CEO of Sequans Communications. "Our cellular IoT technology is designed to deliver the best in connectivity and energy efficiency, enabling Building36 to offer a product that simplifies installation and enhances reliability for both contractors and homeowners."

The Smart Thermostat HQ has been available through authorized HVAC partners since October 2, 2024. For more information, visit .

About Sequans

Sequans Communications S.A. (NYSE: SQNS) is a leading semiconductor company specialized in wireless cellular technology for the Internet of Things (IoT). Our engineers design and develop innovative, secure, and scalable technologies that power the next generation of connected devices. We offer a wide range of solutions, including chips, modules, IP and services. Our LTE-M/NB-IoT, 4G LTE Cat 1bis, and 5G NR RedCap/eRedCap platforms are optimized for IoT, delivering breakthroughs in wireless connectivity, power efficiency, security, and performance. Established in 2003, Sequans is headquartered in France and has a global presence with offices in the United States, United Kingdom, Israel, Hong Kong, Singapore, Finland, Taiwan, and China.

About Building36

Building36 is the Smarter HVAC Maintenance Plan. We offer innovative smart thermostats, sensors, and connected home solutions that enhance comfort and convenience for homeowners while positioning HVAC dealers as indispensable partners. Building36's 24/7 monitoring and proactive alerts ensure optimal system performance, fostering strong homeowner loyalty. This increased customer retention helps HVAC dealers maintain their client base, reducing their exposure to competitive pressures and lowering new customer acquisition costs.

About Alarm.com

Alarm.com is the leading platform for the intelligently connected property. Millions of consumers and businesses depend on Alarm.com's technology to manage and control their property from anywhere. Our platform integrates with a growing variety of Internet of Things (IoT) devices through our apps and interfaces. Our security, video, access control, intelligent automation, energy management, and wellness solutions are available through our network of thousands of professional service providers in North America and around the globe. Alarm.com's common stock is traded on Nasdaq under the ticker symbol ALRM. For more information, please visit alarm.com.

Sequans investor relations: Kim Rogers (USA), +1 385.831.7337,
Sequans media relations: Linda Bouvet (France),

Building36 media relations: Joe Lovett (USA)

To view the source version of this press release, please visit

EN
08/10/2024

Underlying

To request access to management, click here to engage with our
partner Phoenix-IR's CorporateAccessNetwork.com

Reports on Sequans Communications ADR

 PRESS RELEASE

Sequans Expands Bitcoin Treasury to 3,234 BTC, Reinforcing Long-Term R...

Paris, France--(Newsfile Corp. - October 6, 2025) - Sequans Communications S.A. (NYSE: SQNS), a pioneer in adopting Bitcoin as its primary treasury reserve asset and a leading provider of cellular IoT semiconductor solutions, today announced the acquisition of an additional 29 Bitcoin for approximately $3.4 million, at an average purchase price of $115,517 per Bitcoin, inclusive of fees.As of October 3, 2025, the Company holds a total of approximately 3,234 Bitcoin. The total net investment in Bitcoin amounts to approximately $377.2 million, reflecting an average acquisition price inclusive of...

 PRESS RELEASE

Sequans Announces Launch of American Depositary Share Buyback Program

Paris, France--(Newsfile Corp. - September 30, 2025) - Sequans Communications S.A. (NYSE: SQNS), a pioneer in adopting Bitcoin as its primary treasury reserve asset and a leading provider of cellular IoT semiconductor solutions, today announced that its Board of Directors has authorized a program to repurchase up to 1.57 million American Depositary Shares ("ADSs") at the current ADS ratio, representing approximately 10% of the Company's currently outstanding ADSs, through June 30, 2026. This initiative reflects the Company's commitment to long-term value creation through its Bitcoin Treasury s...

 PRESS RELEASE

Sequans Expands Business Model with Technology IP Licensing and Engine...

Paris, France--(Newsfile Corp. - September 29, 2025) - Sequans Communications S.A. (NYSE: SQNS), a leading provider of semiconductor solutions for the Internet of Things (IoT), today announced a strategic expansion of its business model with the formal launch of a new go-to-market initiative focused on technology IP licensing and engineering services. Building on a proven history of successful collaborations with Fortune 500 companies and top-tier technology leaders, Sequans is now establishing these capabilities as a dedicated business line. This move marks a significant evolution in the comp...

 PRESS RELEASE

Sequans Announces ADS Ratio Change

Paris, France--(Newsfile Corp. - September 4, 2025) - Sequans Communications S.A. (NYSE: SQNS) ("Sequans" or the "Company"), a pioneer in adopting Bitcoin as its primary treasury reserve asset and a leading provider of cellular IoT semiconductor solutions, today announced that its Board of Director has approved a plan to change the ratio of its American Depositary Shares ("ADSs") to its ordinary shares (the "ADS Ratio"), from the current ratio of one (1) ADS to ten (10) ordinary shares to a new ratio of one (1) ADS to one hundred (100) ordinary shares. Sequans' ordinary shares are not affected...

 PRESS RELEASE

Sequans Acquires 34 Additional BTC and Now Holds 3,205 BTC

Paris, France--(Newsfile Corp. - September 2, 2025) - Sequans Communications S.A. (NYSE: SQNS), a pioneer in adopting Bitcoin as its primary treasury reserve asset and a leading provider of cellular IoT semiconductor solutions, today announced the acquisition of an additional 34 bitcoins for approximately $3.8 million, at an average purchase price of $111,374 per bitcoin, inclusive of fees.As of September 1, 2025, the company holds a total of 3,205 bitcoins. The total net investment in bitcoin amounts to approximately $374 million, reflecting an average acquisition price inclusive of fees of $...

ResearchPool Subscriptions

Get the most out of your insights

Get in touch