The M1 standard is nearly done and M2 should be complete by the middle of this year, according to Sequans. M2 has been in the works for some time, previously under the name NarrowBand-IoT.
In addition to meters and wearables, things like health monitors, home-automation gear and asset-tracking devices may use M1 or M2 networks. With power management technology that Sequans builds in, the Monarch chip will allow small devices to last 10 to 15 years on a battery, the company said.
Gemalto, a digital security company, is partnering with Sequans to build IoT device modules with added features around the company's chips. In addition to working on Monarch-based LTE M1/M2 modules, on Tuesday Gemalto announced modules built around Sequans's LTE Category 1 chip. The new Gemalto modules are equipped for fallback to a 2G or 3G network if LTE Category 1 isn't available.
Sign up for CIO Asia eNewsletters.