In this paper we present an overview of the M-ary Aggregate Spread Pulse Modulation (M-ASPM), and provide an assessment of its suitability and advantages for use in low-power wide-area networks (LPWANs). Notably, M-ASPM combines high energy-per-bit efficiency, robustness, resistance to interference, and a number of other favorable technical characteristics, with the spread-spectrum ability to maintain the network capacity while extending its range. We quantify the impact of mutual interference of multiple M-ASPM transmitters and demonstrate how such capacity-preserving range extension can be achieved for numerous desired areal distributions of the uplink nodes. Throughout the paper, LoRa is used for benchmark comparison and quantification of various M-ASPM features. In particular, we show that, while sharing many essential properties with LoRa, M-ASPM provides far more effective network range extension. When used in the same manner as LoRa, M-ASPM can serve as an appealing LoRa alternative. In addition, while being different LPWAN solutions, M-ASPM and LoRa can be designed to concurrently operate in the same spectral band and geographical area, cooperatively complementing each other's coverage. 13 14 15 INDEX TERMS Aggregate spread pulse modulation (ASPM), intermittently nonlinear filtering (INF), Internet of Things (IoT), LoRa, low-power wide-area network (LPWAN), M-ary ASPM (M-ASPM), physical layer (PHY), spread spectrum, time-bandwidth product (TBP). to B. Therefore, at best, when extending the distance 49 between the transmitters and the receiver, one can only main-50 tain (but not increase) the total number of the transmitting 51 nodes that can be placed at the given range d, at the penalty 52 of the energy consumption per node increasing with range 53 as d γ . 54 The effectiveness of the FDMA-based approaches to man-55 aging the network range and capacity largely depends on the 56 validity of the relation d γ i ∝ 1/ B i for any i-th sub-band. 57 However, signals in different sub-bands may be affected 58 very differently by the propagation conditions, e.g. delay 59 and Doppler spreads, and the assumption of a constant noise 60 PSD would hardly hold for unlicensed spectral bands. Thus, 61 alternatively, we may want to use the full spectral band B 62 for all nodes as a common shared resource, and, instead of 63 changing the bandwidth, achieve the desired range of a link by 64 changing the spectral efficiency of a modulation with a given 65 energy-per-bit efficiency. Say, we can use an increase in the 66 processing gain B/ B provided by a spread spectrum (SS) 67 technique [5] to extend the range of a link. For example, for 68 the code-division multiple access (CDMA) with orthogonal 69 codes, it will lead to the same relation between the range and 70 the number of nodes as the FDMA-based approaches. That is, 71 while increasing the distance between the transmitters and the 72 receiver, we can maintain the total number of the transmitting 73 nodes that can be placed at the given range, with the same 74 penalty on...