logo
Sequans Monarch Powers Coyote Nano 2.0 New Generation of Stolen Vehicle Tracker

Sequans Monarch Powers Coyote Nano 2.0 New Generation of Stolen Vehicle Tracker

Paris, France--(Newsfile Corp. - March 4, 2025) - Sequans Communications S.A. (NYSE: SQNS), a leading 4G/5G IoT semiconductor company, today announced that Coyote, the European leader in connected driver assistance services, has selected Sequans Monarch® technology to connect its latest generation of trackers, named Coyote Nano 2.0, to cellular LPWA networks (and particularly LTE-M). The combination of Sequans Monarch technology with the multiple technologies use by Coyote sets a new benchmark in vehicle tracking. Coyote Nano 2.0 is a part of Coyote Secure, the market benchmark stolen vehicle recovery service, which has a proven track record, with 91% of stolen vehicles being recovered within 48 hours, demonstrating the effectiveness of the technology.
'We have been looking for the most robust, energy-efficient, and advanced RF performance cellular LPWA solution, and Sequans' Monarch technology has been a natural choice,' said Stéphane Curtelin, Marketing Products and Services Director at Coyote. 'We needed a wireless technology that could operate in the most challenging environments with the lowest power consumption possible and Sequans Monarch technology met our expectations.'
The Coyote Nano 2.0 tracker is autonomous, resistant to jamming and tampering, and discreetly hidden in customers' vehicles. It has multiple wireless communication systems and location services and can operate in the most challenging RF environments. With Sequans Monarch, it connects seamlessly to cellular LPWA networks and provides extensive coverage across Europe and beyond, significantly increasing the chances of vehicle recovery. Engineered for longevity, the tracker boasts a target battery life of up to 5 years, ensuring continuous operation.
'We are honoured that Coyote has chosen our Monarch technology for their new stolen vehicle recovery tracker that cannot compromise on the performances of the communication,' said Georges Karam, CEO at Sequans. 'The partnership with Coyote underscores the exceptional capabilities of our technology in delivering high performance, low power consumption, and robust security features.'
The integration of Sequans Monarch technology into Coyote's stolen vehicle recovery tracker represents a significant step forward in the fight against vehicle theft. By leveraging the latest advancements in cellular LPWA networks, this collaboration ensures that vehicle owners benefit from the most reliable and efficient tracking solution available today.
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.
To learn more, please visit sequans.com.
About Coyote
Founded in 2005, Coyote is the European leader in connected driver assistance services, offering innovative solutions for private drivers and professionals. A perfect alliance between people and technology, the Coyote services platform aims to improve the safety and comfort of its Community, with a commitment to excellence in its technologies. Since 2018, the Coyote Secure stolen vehicle recovery solution and a fleet management service have been added to the services platform to support drivers while securing their vehicles. Coyote is one of the largest aggregators of data on the roads, processing 25 billion items of information every month in real time from all the connected terminals of the 5 million members of the Coyote Community in Europe. The Coyote group, which has operations in France, Spain, Italy, Belgium and Luxembourg, and its services are available in 16 European countries.
To learn more, please visit .
Contacts
Kim Rogers (USA)
+1 385.831.7337
[email protected]
Sequans Media Relations
Linda Bouvet (France)
+33 170721600
Coyote Media Relations
Kevin VANEY
06.13.78.20.93
Agence Wellcom

Orange background

Try Our AI Features

Explore what Daily8 AI can do for you:

Comments

No comments yet...

Related Articles

Morgan Stanley Maintains Hold Rating on Snowflake (SNOW), Keeps $200 PT
Morgan Stanley Maintains Hold Rating on Snowflake (SNOW), Keeps $200 PT

Yahoo

time18 minutes ago

  • Yahoo

Morgan Stanley Maintains Hold Rating on Snowflake (SNOW), Keeps $200 PT

Keith Weiss from Morgan Stanley maintained a Hold rating on Snowflake Inc. (NYSE:SNOW) on June 4, keeping the associated price target at $200.00. The analyst has an optimistic yet cautious outlook on the company. Weiss noted that its recent Investor Day showcased several key product innovations, particularly in AI integration across the company's offerings, which provides Snowflake Inc. (NYSE:SNOW) a strong foundation for future growth. A software engineer at work, surrounded by a wall of computer monitors connected to a 'Data Cloud' platform. However, the analyst also reasoned that the event failed to provide substantial financial updates, which led to uncertainty surrounding Snowflake Inc.'s (NYSE:SNOW) immediate financial trajectory. Weiss acknowledged that the company is continuously expanding its capabilities to handle unstructured, structured, and multi-modal data. Despite that, he opined that the stock may be priced high compared to its near-term growth prospects, which can be corroborated by its current valuation at 55 times the projected free cash flow for 2026. While Snowflake Inc. (NYSE:SNOW) has attractive long-term potential, Weiss justified the Hold rating by recommending that investors wait for a more favorable entry point before raising their investments. Snowflake Inc. (NYSE:SNOW) provides cloud data warehousing software. Its offerings include Data Cloud, and its platform supports a number of use cases, including data engineering, data warehousing, data sharing, data science, data application development, and more. While we acknowledge the potential of SNOW as an investment, our conviction lies in the belief that some AI stocks hold greater promise for delivering higher returns and have limited downside risk. If you are looking for an extremely cheap AI stock that is also a major beneficiary of Trump tariffs and onshoring, see our free report on the best short-term AI stock. READ NEXT: and . Disclosure: None. Sign in to access your portfolio

TD Cowen Initiates Coverage of Target (TGT) With Hold Rating
TD Cowen Initiates Coverage of Target (TGT) With Hold Rating

Yahoo

time18 minutes ago

  • Yahoo

TD Cowen Initiates Coverage of Target (TGT) With Hold Rating

On Wednesday, June 4, TD Cowen analysts began coverage of Target Corporation (NYSE:TGT), giving it a 'Hold' rating and setting a price target of $105. The analysts noted that the company's strong core business is supported by innovative and exclusive products. They also highlighted Target Corporation's (NYSE:TGT) digital fulfillment strategies, which are profitable and have potential for scaling. The analysts pointed out that the company has a 5-year revenue compound annual growth rate (CAGR) of 6.4%, higher than Walmart's 5.4%. A woman purchasing groceries at a Target store, with a cart full of products. Despite this, TD Cowen analysts noted some challenges that Target Corporation (NYSE:TGT) is facing in the near term. These include pressure from competitors on comparable sales and cost inefficiencies that are anticipated to continue throughout the year. The analysts mentioned tariffs and lower consumer confidence as factors contributing to the company's current challenges. They pointed out that these could affect Target Corporation's (NYSE:TGT) performance in the short term. While we acknowledge the potential of TGT as an investment, our conviction lies in the belief that some AI stocks hold greater promise for delivering higher returns and have limited downside risk. If you are looking for an extremely cheap AI stock that is also a major beneficiary of Trump tariffs and onshoring, see our free report on the best short-term AI stock. READ NEXT: 11 Stocks That Will Bounce Back According To Analysts and 11 Best Stocks Under $15 to Buy According to Hedge Funds. Disclosure: None. Sign in to access your portfolio

Evercore Raises Walmart (WMT) Price Target, Keeps Outperform Rating
Evercore Raises Walmart (WMT) Price Target, Keeps Outperform Rating

Yahoo

time18 minutes ago

  • Yahoo

Evercore Raises Walmart (WMT) Price Target, Keeps Outperform Rating

On Wednesday, June 4, Evercore ISI analysts raised the price target on Walmart Inc. (NYSE:WMT) from $105 to $107 and kept an 'Outperform' rating. The decision came just before the company's annual Shareholders' Day store tours and executive meetings planned for Thursday and Friday. The analysts noted that Walmart Inc. (NYSE:WMT) has gained 10% year-to-date. This compares to a 1% rise in the S&P 500. This strong performance is due to the company's efforts to grow its market share, increase customer traffic, and improve margins. A manager standing in a hypermarket, pointing out items available for wholesale. According to the analysts, Walmart Inc.'s (NYSE:WMT) ability to handle tariff changes and grow its marketing, membership, and fulfillment services is expected to play a vital role in the medium to long term. They also mentioned that a potential Flipkart IPO could affect the stock. The analysts look forward to learning more about Walmart Inc.'s (NYSE:WMT) plans to gain market share and drive traffic, while also growing earnings before interest and taxes (EBIT) faster than sales. They also noted that the company is moving toward higher-margin businesses like membership programs, advertising, third-party services, and automation. While we acknowledge the potential of WMT as an investment, our conviction lies in the belief that some AI stocks hold greater promise for delivering higher returns and have limited downside risk. If you are looking for an extremely cheap AI stock that is also a major beneficiary of Trump tariffs and onshoring, see our free report on the best short-term AI stock. READ NEXT: 11 Stocks That Will Bounce Back According To Analysts and 11 Best Stocks Under $15 to Buy According to Hedge Funds. Disclosure: None. Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data

DOWNLOAD THE APP

Get Started Now: Download the App

Ready to dive into the world of global news and events? Download our app today from your preferred app store and start exploring.
app-storeplay-store