Sequans Communications News
4 articles
growth-positive
Discover 3 Promising Penny Stocks With Market Caps As Low As $100M
Ispire Technology Inc. is a company involved in the research, development, and distribution of e-cigarettes and cannabis vaping products. Despite its current unprofitability and declining earnings, the company is exploring growth opportunities. It has secured an interim nicotine manufacturing license in Malaysia and filed a PMTA for age-verification technology with the FDA. The company has a market cap of approximately $146.12 million and generates most of its revenue from cigarette manufacturers. Although it faces challenges typical of penny stocks, Ispire Technology maintains a financial position with more cash than total debt, providing some flexibility.
Product StageFDA approved/pending approval
growth-positive
Sequans Sets up New R&D Center in Israel to Accelerate 5G Product Development
Sequans Communications has announced the expansion of its research and development resources in Israel with the opening of a new design center for accelerating 5G product development. The new team will focus on developing Sequans new 5G broadband and critical IoT products. The expansion will strengthen Sequans leadership position in 5G and complete its comprehensive product portfolio. The 5G products being developed include the Monarch 2 LTE-M/NB-IoT chip and the upcoming Taurus 5G chip.
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growth-negative
Chipmaker Sckipio Agrees to Transfer Employees to Sequans Communications
Sckipio Corp. has agreed to transfer 25 of its local software developers to Sequans Communications SA. The company has faced difficulties as major clients, including AT&T Inc., halted their orders. Sckipio has raised $27 million from investors including Intel Capital and MegaChips Corp.
PartnersCustomers
growth-positive
French WiMAX co Sequans to widen Israeli activity
Sequans Communications, a French WiMAX processor developer, is expanding its activity in Israel by hiring former employees of Go Networks. The company plans to further expand its Israeli development activity. Sequans has been hurt by the financial crisis but raised $28 million earlier this year, ensuring its activity will not be affected. The companys core activity has been fixed WiMAX, but it is now developing mobile WiMAX chipsets for mobile networks. Sequans planned IPO has been postponed for the foreseeable future.
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