Semtech and Helium Announce New Nationwide LoRaWAN Network

Semtech Corporation (NASDAQ:SMTC) is collaborating with Helium to develop one of the largest LoRa-based networks in North America.

As quoted in the press release:

The Helium network is now fully compatible with the LoRaWAN® protocol and available to the LoRa community of more than 8,000 active software developers.

“We are thrilled to work with Semtech and integrate the LoRaWAN protocol into our LongFi architecture to extend the reach of the Helium network,” said Amir Haleem, Helium’s CEO and co-founder. “The combination of our technologies and platforms provides the LoRa developer community with new opportunities to create new IoT solutions for both businesses and consumers.”

The Helium Hotspot is a new hardware device that enables anyone to own and operate a wireless network for IoT. With Helium’s own open-sourced blockchain technology, individuals are incentivized to deploy Helium Hotspots, which simultaneously mine cryptocurrency and provide LoRaWAN network coverage for hundreds of square miles.

Click here to read the full press release.