HOD HASHARON, Israel - Altair Semiconductor and ERM Advanced Telematics are producing a new range of low-powered and installation-free automotive IoT solutions that provide asset management, stolen vehicle recovery (SVR) and vehicle financial services. Altair's chipsets will connect the device sans being powered by the vehicle's battery.

"As installation costs continue to rise in comparison to hardware prices, Altair's unparalleled low power figures and extended battery life means we can provide on-board solutions with minimal installation requirements that are able to remain in the field for up to two years," said ERM Advanced Telematics’ Senior VP and Deputy CEO, Kfir Lavi. "This will usher in a new dawn for IoT and asset management, opening up a whole new market of applications for a wide range of automotive IoT scenarios."

"Low power consumption is essential for the efficient and long-term growth of the automotive IoT space," said Altair Semiconductor’s Director of Business Management, Gili Friedman. "We are delighted that ERM Advanced Telematics has selected Altair's cellular IoT technology to provide the low cost and power-efficient connectivity necessary to enable new markets and use cases."

Learn more at www.altair-semi.com or https://ermtelematics.com.