Gapwaves publishes Annual report for 2022

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Gapwaves AB has published the Annual Report for 2022. The full report is available at Gapwaves website; Financial reports, download and as attachment to this press release.

Strong position within the automotive radar market

Through agreements and partnerships with Veoneer, Hella and Bosch among others, Gapwaves now is an established brand with a strong position as a globally leading supplier of waveguide antennas in the market for advanced driver assistance and automated vehicles of various types.

Gapwaves has a strong foundation and a strategy for continued growth. 2022 was characterized by high level of activity and increased sales. For the full year 2022, net sales were MSEK 64, which corresponds to a growth of 84% compared to the previous year.

For more information, please visit www.gapwaves.com or contact: 
Jonas Ehinger, CEO Gapwaves AB (publ)
Phone number: +46 733 44 01 52
E-post: jonas.ehinger@gapwaves.com

Robert Berhof, CFO Gapwaves AB (publ)
Phone number: +46 706 00 59 07 
E-post:
robert.berhof@gapwaves.com 

Gapwaves Certified Adviser is G&W Fondkommission AB
www.gwkapital.se

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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