Stockholm, Sweden, December 6th, 2022 – Nordic Propeye, an end-to-end Internet of Things (IoT) solutions provider for smart buildings, has launched a new sensor device for the U.S. marketplace: the OY1211® LoRaWAN CO2 meter US915. This device supports Nordic Propeye’s HVAC optimization solution, which reduces energy consumption in buildings and improves indoor climate.

Global pressure on energy prices, an increased focus on air quality and efforts to reduce carbon emissions are three factors prompting real estate owners to seek innovative IoT solutions to help manage their properties with building management systems. The U.S. Department of Energy estimates commercial buildings account for 35% of electricity consumed in the U.S. and generate 16% of the country’s carbon dioxide (CO2) emissions.

“Incorporating LoRa devices and connecting our solutions with LoRaWAN has proven extremely successful in achieving 15-30% energy savings for our customers since launching our European OY1210 HVAC optimization solution in 2019,” said Stefan Lindgren, CTO of Nordic Propeye. “We are excited to have adapted our solution to meet U.S. regulations and look forward to playing a key role making America’s real estate sector more efficient and sustainable.”

The U.S. version, OY1211, leverages LoRa to autonomously manage a facility’s control of HVAC systems using data from wireless sensor devices that continuously monitor CO2 levels, temperature, humidity, and real-time room occupancy. The adaptive reporting functionality of the solution can detect rapid changes in CO2 levels within less than a minute and the solution sends a trigger to the HVAC system every 15 minutes. The solution also leverages weather forecasting data and artificial intelligence (AI) technology to continuously learn and predict the temperatures of HVAC zones. The predictive maintenance feature alerts building operators when system anomalies arise to prevent equipment failures.

The OY1211 LoRaWAN® CO2 meter US915 integrates LoRa® devices by Semtech Corporation (Nasdaq: SMTC), a leading global supplier of high performance analog and mixed-signal semiconductors and advanced algorithms.

“LoRa devices and the LoRaWAN standard are digitally transforming property management with simplified, smart solutions around the globe,” said Marc Pégulu vice president and general manager for Semtech’s Wireless and Sensing Products Group. “Nordic Propeye’s unique solution, incorporating AI technology, allows existing properties to be easily converted to smart, sustainable buildings and delivers cost savings to customers and increased safety for occupants.”

LoRaWAN® is a mark used under license from the LoRa Alliance®.

About Semtech

Semtech Corporation is a leading global supplier of high performance analog and mixed-signal semiconductors and advanced algorithms for infrastructure, high-end consumer and industrial equipment. Products are designed to benefit the engineering community as well as the global community. The Company is dedicated to reducing the impact it, and its products, have on the environment. Internal green programs seek to reduce waste through material and manufacturing control, use of green technology and designing for resource reduction. Publicly traded since 1967, Semtech is listed on the Nasdaq Global Select Market under the symbol SMTC. For more information, visit www.semtech.com.

About Nordic Propeye

Nordic Propeye has over 20 years of experience with digitization of residential housing buildings and has pioneered the Internet of Things industry with strong expertise in radio technology. The company connects over 60,000 apartments today and runs energy savings solutions on over ten million sq. ft. property. The company has made it its mission to help its customer to make their real estate and condominiums lean, clean and green.

For more information, please contact:

Boris de Bruin, Marketing Nordic Propeye
Tel: +46 72-341 75 51
boris.debruin@propeye.se

OY1211 LoRaWAN® CO2 meter US915

AI energy optimization