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Press release

Gapwaves AB: Gapwaves receives a new order from European Tier 1 supplier

Gapwaves

Gothenburg, July 4[th], 2023: Gapwaves has received a follow-up order from the Tier 1 supplier, which Gapwaves started a collaboration with in Q1 2023. The project is a follow-up order and includes design, development and production of high-resolution radar antennas. The order value is approximately MSEK 3.7 with expected delivery in the third quarter of 2023. 

Gapwave's CEO, Jonas Ehinger, comments: 

"We are happy that the collaboration with this additional Tier 1 supplier is both progressing and deepening according to expectations by both parties. We are also pleased that they are satisfied with what our technology and team deliver in the project. This next step order verifies that we are on the right track with this partner and customer."

For more information, please visit the company's website, www.gapwaves.com or contact:  

Jonas Ehinger, CEO  
Phone number: +46 733 44 01 52 
E-mail: jonas.ehinger@gapwaves.com

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

Gapwaves Certified Adviser is G&W Fondkommission  

www.gwkapital.se   (http://www.gwkapital.se%20%20/)

About Gapwaves AB (publ) 
Gapwaves 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 the automotive and telecom industries.   

Gapwaves share (GAPW B) is traded at Nasdaq First North Stockholm with G&W Fondkommission as Certified Adviser.

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