Itron Selects Sequans Monarch 2 To Connect Next Gen Intelis wSource Water Meters
Portfolio Pulse from Benzinga Newsdesk
Itron has chosen Sequans' Monarch 2 LTE-M/NB-IoT technology to connect its latest Intelis wSource smart water meters, enhancing operational efficiency in smart water solutions. The new system is currently deployed in Queensland, Australia.
June 11, 2024 | 12:11 pm
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Itron has integrated Sequans' Monarch 2 technology into its Intelis wSource smart water meters, aiming to improve operational efficiency and modernize the advanced metering industry.
The integration of Sequans' technology into Itron's products is likely to enhance Itron's operational efficiency and market position in the smart water solutions sector, potentially driving positive short-term stock movement.
CONFIDENCE 90
IMPORTANCE 70
RELEVANCE 80
POSITIVE IMPACT
Sequans' Monarch 2 LTE-M/NB-IoT technology has been selected by Itron for its Intelis wSource smart water meters, marking a significant partnership in the smart water solutions market.
The selection of Sequans' technology by Itron for its smart water meters is a positive development, likely to enhance Sequans' market presence and drive short-term stock gains.
CONFIDENCE 85
IMPORTANCE 60
RELEVANCE 70