Gapwaves receives a new order from an American autotech company

2022-03-31
Gapwaves has received a new order for a development project from an American autotech company. The order consists of design and production of antennas intended for an Imaging radar. The order has a value of approximately 2 MSEK with estimated delivery during the second quarter of 2022.

The company, with which a collaboration started in 2020, is an autotech company that develops platforms and services for autonomous vehicles and self-driving systems. The customer has evaluated the previously delivered antennas and now chooses to place a new order for antennas for an Imaging radar.

“We are very pleased with the continued collaboration and that a large autotech company is choosing Gapwaves radar technology for its self-driving systems. This order is another confirmation that our technology has unique advantages, and it is very positive that we continue to attract interest from companies outside the traditional automotive industry ", says Gapwaves CEO Lars-Inge Sjöqvist. 

For more information, please visit www.gapwaves.com or contact: 
Lars-Inge Sjöqvist, CEO Gapwaves AB 
Phone number: + 46 736 84 03 56 
E-post: lars-inge.sjoqvist@gapwaves.com 

Robert Nordström, CFO
Phone number: + 46 706 00 59 07
E-post: robert.nordstromt@gapwaves.com 

Gapwaves certified adviser is G&W Fondkommission AB 
Phone number: +46 (0)8 503 000 50 
E-mail: ca@gwpaital.se  
www.gwkapital.se
 

About Gapwaves AB  
Gapwaves (NASDAQ: GAPW B) originates from research conducted at Chalmers University of Technology and was founded in 2011. Gapwaves vision is to be the most innovative provider of mm-wave antenna systems and the preferred partner to those pioneering next generation wireless technology. By leveraging the disruptive Gapwaves technology we help pioneers in telecom and automotive to create highly efficient mm-wave antenna systems that contributes to re-defining everyday life. Gapwaves markets are e.g. mmWave in 5G telecom and automotive.    

Gapwaves share (GAPW B) is traded at Nasdaq First North Growth Market Stockholm and G&W Fondkommission is appointed Gapwaves AB’s Certified Advisor. 

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