Source: Morse Microelectronics
    MegaChips, National Reconstruction Fund, Blackbird, Main Sequence, Uniseed, Ray Stata, Malcolm and Lucy Turnbull, Startmate and several investment institutions Jointly accelerate the global layout of Wi-Fi HaLow
    Beijing, China, Sydney, Australia and Irvine, California, USA - September 23 - Morse Microelectronics, a global leader in Wi-Fi HaLow chip solutions, today announced the successful completion of its Series C financing round, raising 88 million Australian dollars (59 million US dollars). This round of financing was led by MegaChips, with the National Reconstruction Fund (NRFC), Blackbird, Main Sequence, Uniseed, Ray Stata, Malcolm and Lucy Turnbull, and Startmate participating. And multiple investment institutions such as Hostplus, NGS, and UniSuper jointly participated in the investment. At present, the company's total cumulative financing amount has exceeded 290 million Australian dollars (193 million US dollars).
    This round of financing will accelerate Morse Microelectronics' pace of expanding into the international market, further increase the production scale of Wi-Fi HaLow chips, and help the ecosystem transform towards Internet of Things 2.0 (IoT 2.0). The Internet of Things 2.0 represents a new stage in the development of the Internet of Things, characterized by providing high-throughput, long-distance, and highly scalable connections for Internet of Things devices.
    Michael De Nil, CEO and co-founder of Morse Microelectronics, said: "This round of financing once again demonstrates the industry's confidence in our mission to become the world's leading wireless iot chip company." The future of the Internet of Things depends on long-distance, low-power, secure and high-throughput connection technologies - and this is precisely where Morse Microelectronics leads. With this round of financing, we will accelerate our expansion pace and get ready for the company's next stage of growth.
    This round of financing comes at a crucial time when Morse Microelectronics and the Australian semiconductor industry are booming. This week, Morse Microelectronics will release its next-generation evaluation platform HaLowLink 2 for the global market. In addition, the company has launched its second-generation system-on-chip (SoC) this year, continuously expanding its ecosystem partnerships, introducing new reference designs, and achieving large-scale mass production cooperation with several leading original equipment manufacturers (Oems). These important milestones highlight the crucial role that Morse Microelectronics has played in driving the global Internet of Things from the proof-of-concept stage to full industrial and consumer deployment.
    Tetsuo Hikawa, President and CEO of MegaChips Group, said, "Morse Microelectronics is leading the world into the Internet of Things 2.0 era, and we are proud to continue supporting such a company." For many years, we have been cooperating with Morse Microelectronics, dedicated to expanding the production and sales of the company's flagship Wi-Fi HaLow products. This investment demonstrates our firm confidence that the Wi-Fi HaLow era has arrived. Morse Microelectronics is accelerating the popularization of next-generation Internet of Things (iot) solutions with its unique advantages. We firmly believe that this investment will help the team and its technology maintain their leading position in the world and achieve success in the future public market.
    David Gall, the chief executive of the National Industrial Restart Fund of Australia, said: "Morse Microelectronics is the largest semiconductor manufacturer in Australia and a successful model of homegrown growth." In 1993, scientists from the Commonwealth Scientific and Industrial Research Organisation (CSIRO) of Australia invented Wi-Fi and obtained a patent for it. We are extremely proud to invest in an Australian company that is once again bringing the next generation of Wi-Fi connectivity to the world. Morse Microelectronics employs over 130 people in Australia, including those in the New South Wales region. Our investment will help promote the diversification of Australia's economy, enhance the country's independent manufacturing capacity, and cultivate professional talents in the field of local semiconductor design and innovation.

 Editor's Note
    What is Wi-Fi HaLow?
    Wi-Fi HaLow is a next-generation wireless protocol defined based on the IEEE 802.11ah standard, specifically designed for the scalability and intelligence requirements of Internet of Things 2.0. Operating in the unlicensed Sub-GHz frequency band, it can provide long-distance coverage and high data throughput.
    What are the Internet of Things (IoT) and IoT 2.0 (IoT 2.0)?
    The first wave of Internet of Things (iot) solutions opened up new ways to solve traditional problems. Interconnection has been achieved among devices, and simple data sharing has been realized among the originally passive devices. Internet of Things 2.0 is different. Devices can now sense, think and take action at the edge. They can run artificial intelligence, provide insights, and take action based on real-time "perception and response" decision-making mechanisms.

Morse Micro's latest announcement
    Morse Microelectronics announced in September this year the large-scale mass production and full market launch of its second-generation chips.
    1.The MM8108 SoC produced by TSMC in Taiwan, China, has now entered the mass production stage. This milestone lays the foundation for a new generation of long-range, low-power Internet of Things (iot) devices. With the mass production of MM8108, Morse Microelectronics simultaneously released a series of evaluation kits (EVKs) : MM8108-EKH01, MM8108-EKH0 and MM8108-EKH19. These kits are now being shipped globally through Mouser Electronics, providing strong support for developers to design and deliver Wi-Fi Halow-based iot 2.0 solutions.
    2. Morse Microelectronics has also launched the next-generation evaluation platform HaLowLink 2. Based on the successful experience of HaLowLink 1, this new platform upgrades the core Wi-Fi HaLow SoC from MM6108 to MM8108. With 256QAM modulation technology and a 26dBm internal power amplifier, it achieves a 43Mbps throughput over a longer transmission distance.

About Morse Microelectronics
    Morse Microelectronics is a leading fabless semiconductor company specializing in Wi-Fi HaLow technology, revolutionizing iot connectivity with its award-winning technology. The company's first-generation MM6108 and newly launched MM8108 chips offer the market the fastest, smallest in size, lowest in power consumption and longest transmission distance Wi-Fi HaLow connection.
    Morse Microelectronics' Wi-Fi HaLow technology is booming worldwide, enabling the transmission distance of connected devices to reach 10 times that of traditional Wi-Fi networks and the coverage area to reach 100 times that of traditional Wi-Fi networks. This breakthrough is profoundly transforming the Internet of Things (iot) connections in numerous fields such as smart homes, industrial automation, and smart cities.
    For details, please visit our website: https://www.morsemicro.com/zh-hans

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