– FRANCE, Paris – Nestwave, a provider of geolocation IP and cloud services for Internet of Things applications, today announced that Ambroise Popper has been named CEO. Former CEO Vincent Mouret is moving to the role of Chairman of the Board.
“I’m thankful for the opportunity to have led Nestwave,” said Vincent Mouret, former CEO and now Chairman of the Board. “We have the highest degree of confidence that Ambroise’s leadership will further expand Nestwave’s geolocation technology.”
Mr. Popper has extensive experience in the wireless and IoT industry, having held executive positions at Quantenna, acquired by ON Semi, and Sequans Communications where he was a co-founder.
Nestwave’s geolocation solutions are used by IoT modem chip makers and DSP partners to enable low power and cost-effective geolocation without the need for a dedicated positioning chipset, for asset tracking, personal trackers and a wide range of new applications. Nestwave is uniquely positioned to capitalize on the growing geolocation of things and the cloud services market.
“I’m extremely excited to help lead Nestwave into the next exciting era of the company,” said Ambroise Popper, CEO of Nestwave. “We have made great progress this year, bringing in more funding, adding key talent, and advancing our product portfolio. I’m looking forward to expanding on this strong base and further accelerate our growth in the geolocation market.”
“With our world-class team and innovative technology, we are well-positioned for growth as IoT deployments continue to scale,” added Rabih Chrabieh, founder and CTO.
About Nestwave
Nestwave SAS provides advanced, geolocation solutions to IoT modem and DSP vendors. Nestwave’s patented, hybrid-signal technology eliminates the need for dedicated positioning chipsets and greatly reduces power consumption while improving localization accuracy in critical indoor and dense urban environments.
For more information: https://www.nestwave.com
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