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News

Sequans Communications Announces Non-Exclusive Manufacturing Licensing Agreement For Its Monarch 2 LTE-M/NB-IoT Platform

Author: Benzinga Newsdesk | June 18, 2024 06:05am

This agreement grants our license partner the right to manufacture and market the Monarch 2 chip under their brand name. The deal includes an initial payment of $15 million, with the opportunity for additional revenue in subsequent years.

Posted In: SQNS