Sequans shares surge 15.92% premarket after showcasing 5G eRedCap platforms at Mobile World Congress 2026.

Sequans Communications surged 15.92% in premarket trading following the announcement of its third-generation 5G eRedCap semiconductor platform, featuring Monarch 3 and Calliope 3 chips. The new solutions position the company to capitalize on the 4G-to-5G transition by extending device lifecycles and supporting both Half and Full Duplex modes, targeting markets like smart metering, healthcare, and industrial IoT. Additionally, the company highlighted its Iris RF transceiver for software-defined radio applications and an expanded IP portfolio for 5G licensing, signaling broader technological leadership. CEO Georges Karam emphasized these innovations as a "future-proof roadmap," aligning with the accelerating global shift to 5G and expanding Sequans’ addressable markets beyond traditional IoT. The pre-market rally reflects investor optimism over the company’s competitive positioning in next-generation connectivity.