Gapwaves receives an order from a new American autotech company

2022-06-10
Gapwaves has received the first order from a new American autotech company. The ordered project consists of design and manufacturing of high-resolution radar antenna prototypes for imaging radar, intended for autonomous vehicles. The total order value is approximately MSEK 2.8 with expected delivery during Q4 2022.

Gapwaves CEO Lars-Inge Sjöqvist comments: 
“We are very excited about this order and that we can add one more American autotech company to our customer list. Over the past year, we have seen an increased interest from global tech companies alongside the traditional suppliers to the automotive industry. This new customer is a provider of self-driving vehicles, and we have high expectations on this collaboration”. 

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

Robert Berhof, CFO  
Phone number: +46 706 00 59 07  
E-post: robert.berhof@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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