Draganfly Inc
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*Nasdaq FSI: *Deficient: Issuer Failed to Meet NASDAQ Continued Listing Requirements


Based in Canada
Company profile

Draganfly Inc. is a manufacturer, contract engineering and product development company within the unmanned aerial vehicles space, which serves the public safety, agriculture, industrial inspections, and mapping and surveying markets. It manufactures multi-rotor helicopters, industrial aerial video systems and civilian small unmanned aerial systems or vehicles. The Company’s products include Quadcopters, Draganfly Commander2, Vital Intelligence, Quantix Mapper, Tango2, Payloads and Sensors, Universal Control System and Software. Its services include custom engineering, training, flight services, data services and varigard spraying. The Company’s wholly owned subsidiaries include Draganfly Innovations Inc., Draganfly Innovations USA, Inc. and Dronelogics Systems Inc.

Closing Price
$1.01
Day's Change
-0.015 (-1.46%)
Bid
--
Ask
--
B/A Size
--
Day's High
1.05
Day's Low
0.99
Volume
(Light)
Volume:
113,229

10-day average volume:
174,520
113,229

Semtech Launches LoRa Cloud(TM) Locator Cloud Service to Demonstrate the Asset Tracking Capabilities of LoRa Edge(TM)

5:00 am ET June 21, 2022 (BusinessWire) Print

Embedded World - Semtech Corporation (Nasdaq: SMTC), a leading global supplier of high-performance analog and mixed-signal semiconductors and advanced algorithms, announced its breakthrough SaaS chip-to-Cloud service, LoRa Cloud(TM) Locator, that uses Semtech's LoRa Cloud Modem & Geolocation services. The new service gives customers the opportunity to experience firsthand the power of devices powered by LoRa Edge(TM) and evaluate the accuracy and power consumption capabilities of the LoRa Edge platform, which offers an ultra-low power and cost-effective solution for indoor/outdoor asset tracking use cases. LoRa Cloud Locator features built-in serverless technology and delivers a simple end-to-end experience for customers to evaluate LoRa Edge implemented in various ecosystem trackers, either on a private or public LoRaWAN(R) network.

This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20220621005393/en/

"Asset tracking is one of the most common use cases across industry verticals," said Karthik Ranjan, LoRa Cloud solutions and partnerships leader in Semtech's Wireless and Sensing Products Group. "Whether it's tracking wheelchairs in a hospital, shopping carts in retail, pallets in supply chain, cattle in agriculture, or pets around a home, asset tracking can be found everywhere. Semtech's LoRa Cloud Locator is the fastest way for customers to easily see for themselves the benefits offered by purchasing trackers with LoRa Edge, provisioning them onto the application and seeing their location on the map."

LoRa Cloud Locator is designed specifically to work with trackers using Semtech's LoRa Edge LR-series chips with minimal effort. Once configured on the service, together with Semtech's LoRa(R) wireless radio frequency technology for transmission to the Cloud, customers are able to view the tracker location on the map in typically in less than 15 minutes.

"Semtech's LoRa Cloud Locator is the most efficient and fast way to evaluate the LoRa Edge platform as it can measure the performance of the technology and differentiate when a device is tracked by GNSS or Wi-Fi. With the Wi-Fi location feature, we can now receive GNSS signals without paying for the prohibitive power consumption of traditional GNSS technologies," said Maximiliano Ruiz, founder and CEO at Galileo RTLS. "Through leveraging LoRa Edge, locating assets around the world is much simpler with the unprecedented years of battery life."

"Upon testing LoRa Cloud Locator firsthand, the service itself was very straightforward; quick and easy to set up, enabling us to efficiently test the accuracy and responsiveness of the service in a variety of environments," said Tim Guiterman, CEO at InfiSense. "The results of our tests further confirmed the broad portfolio of use cases that will directly benefit from the precision geolocation and ultra-low power capabilities of the LoRa Edge platform. We believe that this high-resolution tracking combined with very long battery life is a game changer for our cold chain monitoring and supply chain projects."

Those interested in LoRa Cloud Locator can purchase a LoRa Edge-enabled tracker, create a LoRa Cloud Locator account and discover how LoRa Edge unlocks new use cases across the entire global supply chain. To access the service, customers can visit locator.loracloud.com, where they can browse a selection of compatible trackers by Semtech, Browan, Digital Matter, and Miromico. Orders run through CalChip Connect and Indesmatech, two leading LoRaWAN hardware distributors based in respectively North America and Europe. After purchasing a tracker, customers can log in to the application, register their tracker and view its location on a map using a browser on either their desktop or mobile device.

Semtech will be demonstrating LoRa Cloud Locator at:

Embedded World, June 21 - 23, 2022, Booth 4A-556, Hall 4A, in Nuremberg, Germany. Register to attend here. LoRaWAN World Expo, July 6-7, 2022, Booth 31, in Paris. Register to attend here.

Learn more about LoRa Cloud Locator on our website.

About Semtech's LoRa(R) 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 technology provides the communication layer for the LoRaWAN(R) standard, which is maintained by the LoRa Alliance(R), an open IoT alliance for Low Power Wide Area Network (LPWAN) applications that has been used to deploy IoT networks in over 170 countries. With the proliferation of LoRa devices and the LoRaWAN standard, the LoRa Developer Portal is a place to learn, connect, collaborate, and find resources to help accelerate your LoRa development process. Semtech is a founding member of the LoRa Alliance. To learn more about how LoRa enables IoT, visit Semtech's LoRa site.

About Semtech

Semtech Corporation is a leading global 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 "will," "believe," "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 include, but are not limited to: the uncertainty surrounding the impact and duration of supply chain constraints and any associated disruptions; the uncertainty surrounding the impact and duration of the COVID-19 pandemic; export restrictions and laws affecting Semtech Corporation's trade and investments including with respect to Huawei and certain of its affiliates and other entities identified by the U.S. government, and tariffs or the occurrence of trade wars; worldwide economic and political disruptions as a result of the current conflict between Russia and Ukraine; competitive changes in the marketplace including, but not limited to, the pace of growth or adoption rates of applicable products or technologies; downturns in the business cycle; and the additional risk factors set forth in Semtech Corporation's Annual Report on Form 10-K filed with the Securities and Exchange Commission (www.sec.gov) on March 16, 2022 as such risk factors may be updated, amended or superseded from time to time by subsequent reports that Semtech Corporation files with the Securities and Exchange Commission. 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, and LoRa Cloud and LoRa Edge are trademarks or service marks, of Semtech Corporation or its affiliates.

SMTC-P

View source version on businesswire.com: https://www.businesswire.com/news/home/20220621005393/en/

SOURCE: Semtech Corporation">

Ronda Grech
Semtech Corporation
(805) 250-1263
rgrech@semtech.com
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