Semtech Corporation (NASDAQ:SMTC), a leading provider of high-performance semiconductors powering AI data center networking and intelligent, connected Internet of Things ("IoT") devices worldwide, today announced its LoRa Plus™ LR2021 transceiver incorporating fourth-generation LoRa® IP was named a winner of the 2026 EDGE Award for Design Innovation. The EDGE Awards are presented by the Engineering Design & Automation Group of Endeavor Business Media to champion innovative technologies launched in the past year.

The 2026 EDGE Awards celebrate outstanding innovation in product design and function for the engineering industry. The LR2021 was named a winner in the Communications & Networks category. This award recognizes an innovation that received the most votes in a category from a Readers’ Choice poll.

The LR2021 was also recently selected for the 25th IoTE Gold Award – Innovative Product Award at IoTE Shenzhen 2026.

Designed for Next-Generation IoT

With over 500 million end nodes deployed worldwide, LoRa is the leading low power wide area network (LPWAN) for IoT applications. The LR2021 is the first transceiver chip in Semtech's LoRa Plus family, incorporating fourth-generation LoRa IP with Multi-PHY compatibility that supports both terrestrial and SATCOM connectivity paths across sub-GHz, 2.4 GHz ISM bands and licensed L/S-bands.

The transceiver is designed to be backward compatible with previous LoRa devices, supporting seamless LoRaWAN® compatibility, while featuring expanded physical layer modulations to support higher data rate applications utilizing innovative fast long-range communication (FLRC), which has a data rate of up to 2.6 Mbps.

"The LR2021 gives device makers the flexibility to support LoRa, edge AI, multi-PHY, high-bandwidth, and non-terrestrial applications using a single chip without compromising on power or range," said Shahar Feldman, senior director of product marketing at Semtech. "For contract manufacturers, the single-SKU design also cuts supply chain complexity. Recognition by engineers who understand design and logistics considerations firsthand makes this award especially meaningful."

Expanded Architectural Features

Other notable LR2021 architecture features include:

Hardware Simplification: Single-SKU design eliminates the need for multiple regional variants, reducing inventory complexity by up to 70% for global manufacturers, and improved robustness to frequency offset allows lower cost crystals and design simplifications.
Component Elimination: RF switch and TCXO are no longer required, reducing bill of materials (BOM) costs, PCB footprint and simplifying thermal management.
Protocol Flexibility: Multi-PHY supports future-proof hardware investments as market requirements evolve.
Application Expansion: FLRC’s 2.6 Mbps data throughput enables entirely new use cases — from basic sensor telemetry with firmware update over-the-air (FUOTA) capabilities, to AI-powered image and audio processing at the edge.
Extended Coverage: Enhanced sensitivity and satellite connectivity options address previously unreachable deployment scenarios. Detecting four spreading factors in parallel with a single transceiver eliminates the power-versus-range trade-off in single-channel LoRaWAN gateways.
Improved Power Efficiency: Faster, configurable channel activity detection (CAD) modes reduce idle power consumption and false detections.
Interference Mitigation: Enhanced blocking immunity and configurable forward error correction, combining convolutional coding with long interleaving, improve resilience to burst interference, blocking, Doppler effects, and fast fading.

Customers and ecosystem partners are invited to visit Semtech at booth #XL2 during The Things Conference 2026, Sept. 22–23, in Amsterdam, Netherlands, to learn more about the portfolio and meet with Semtech’s technical experts.

Learn more about the LR2021 at semtech.com/lr2021.

About Semtech

Semtech Corporation (NASDAQ:SMTC) is a leading provider of high-performance semiconductors powering AI data center networking and intelligent, connected IoT devices worldwide. Our global teams are committed to empowering solution architects and application developers to develop breakthrough products for the infrastructure, industrial and consumer markets. To learn more about Semtech technology, visit us at Semtech.com or follow us on LinkedIn or X.

Semtech, the Semtech logo, LoRa, and LoRaWAN are registered trademarks or service marks of Semtech Corporation or its subsidiaries. LoRa Plus is a trademark or service mark of Semtech Corporation or its subsidiaries. All other trademarks, service marks and trade names mentioned in this press release are the property of their respective owners.

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View source version on businesswire.com: https://www.businesswire.com/news/home/20260921701241/en/

Michelle Lozada, pr@semtech.com