CORRECTION; Gapwaves receives an order for production equipment for testing of radar antennas

Correction regarding below press release published April 20 08:40, which stated delivery during the fourth quarter. Correct delivery is during the second quarter 2022. This press release is updated with correct delivery.

Gapwaves has received an order from Frencken Group regarding production equipment for testing of antennas

Gapwaves in-house developed test equipment will perform testing of radar antennas in a high volume production and is an automated solution for fast and robust testing and quality assurance of antennas. The order has a total value of about 3.5 MSEK and will be delivered during the second quarter.

Gapwaves and Frencken Group has since the beginning of 2021 a cooperation agreement for high volume production of waveguide antennas. Frencken Group is an established high volume producer and fulfills all standards and certificates required to be a supplier to the Automotive industry. Together with Frencken, Gapwaves is capable to produce antennas in high volume scenarios at competitive prices.

Gapwaves CEO Lars-Inge Sjöqvist comments:
“To ensure the quality of the antennas to be mounted into the radar module, efficient test equipment is needed to ensure that the antennas have correct RF- (Radio Frequency) properties in a highly automated production flow. Gapwaves has developed this system in recent years and sees this order as a further step towards establishing high-volume production for the automotive industry.”

For more information, please visit the company’s websites, www.gapwaves.com or contact:  
Lars-Inge Sjöqvist, VD 
Phone number: +46 736 84 03 56
E-mail: [email protected]

Robert Nordström, CFO
Phone number: +46 706 00 59 07
E-post: [email protected]

Gapwaves Certified Adviser is G&W Fondkommission  
Phone number: +46 (0)8 503 000 50  
E-mail: [email protected]   
www.gwkapital.se   

About Gapwaves AB 
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 5G telecom and automotive.  

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