Gapwaves: Possible major win through Valeo - Redeye

Volkswagen Group is working with Valeo and Mobileye to upgrade the advanced driver assistance systems up to Level 2+ ("enhanced partially automated driving") in its upcoming vehicle portfolio based on the MQB platform. Redeye believes that Gapwaves antennas are likely included in the offering through the Valeo partnership. If confirmed, it would result in significant estimate raises. Redeye believes the news should be a major catalyst for the share.

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