Sequans launches Iris RF transceivers for software defined radio

Published 23/07/2025, 13:18
Sequans launches Iris RF transceivers for software defined radio

PARIS - Sequans Communications S.A. (NYSE:SQNS), a technology company with a robust balance sheet showing more cash than debt, on Wednesday unveiled its new Iris line of RF Integrated Transceivers designed for software defined radio applications in defense, aerospace, drones, and 5G systems. According to InvestingPro, the company maintains healthy liquidity with current assets exceeding short-term obligations by nearly 2x.

The flagship product, Iris SQN9506, features an ultra-wide frequency range from 220 MHz to 7.125 GHz with 200 MHz instantaneous bandwidth. The transceiver supports high channel density with 20 receivers and 4 transmitters, enabling up to 4x4 MIMO configurations.

The new product line stems from Sequans’ acquisition of ACP in early 2025. According to the company’s press release, ACP has shipped millions of RF transceivers for applications including 5G small cells, drones, and vehicle-to-everything systems.

"With Iris, Sequans is redefining what’s possible in Software Defined Radio technology," said Georges Karam, CEO and President of Sequans.

The Iris SQN9506 includes technical features such as 10 RF synthesizers for concurrent scanning, anti-jamming capabilities with frequency hopping, and support for DigRF v4.0 and JESD204C interfaces. The device measures 8.4 mm x 4.8 mm x 1 mm in a 178-pin BGA package.

Sequans, a provider of cellular IoT semiconductor solutions, noted that the Iris SQN9506 is now available and shipping to early customers.

The company, headquartered in France with global operations, also mentioned in its statement that it has adopted Bitcoin as its primary treasury reserve asset.

In other recent news, Sequans Communications has made significant strides with its Bitcoin treasury initiative. The company announced the acquisition of an additional 1,264 Bitcoins for approximately $150 million, bringing its total holdings to 2,317 Bitcoins, valued at around $270 million. This move is part of a larger strategy, as Sequans has successfully closed private placement offerings totaling $384 million to support this initiative. The financing included the sale of American Depositary Shares and warrants, contributing $195 million to the gross proceeds. Sequans plans to use all net proceeds from the offering to purchase Bitcoin, marking a key phase in its treasury strategy. Additionally, the company acquired 683 Bitcoins for $79 million, bringing its earlier holdings to 1,053 Bitcoins, valued at about $120 million. These developments reflect the company’s commitment to incorporating Bitcoin into its financial strategy.

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