Gapwaves receives orders for a new project from Uhnder
Gapwaves has received new orders from American Uhnder. The project consists of two parts; antenna design based on a new specification and development of tools for the production of 77GHz antenna prototypes intended for the automotive industry. The total order value is approximately 1MSEK with expected delivery to take place during the fourth quarter of 2021.
In March 2020, Gapwaves started a partnership with Uhnder, a company from Austin, Texas, which has developed a unique digital Radar-on-Chip (RoC) solution based on a combination of advanced CMOS and Digital Code Modulation (DCM) technology. During 2020 and 2021, Uhnder has ordered several projects and the radar prototypes that have been jointly developed with components from Gapwaves and Uhnder have shown very good performance. Previously ordered projects have been intended for robotic transports. The new project that Uhnder now is ordering confirms that they are entering the radar market for the automotive industry, a market with extremely high demands on performance and quality.
“Previous collaborations and recurring orders from Uhnder confirm that Gapwave's solution for a 77 GHz high-resolution radar for "last mile deliveries" is extremely relevant. Now Uhnder developes an antenna for the automotive industry with our hope that they choose Gapwaves as their partner for high volume production. Uhnder is a company with large resources that operates within several radar verticals in the megatrend that self-driving vehicles constitute. The fact that they now want to deepen the collaboration with Gapwaves further is a signal of strength for us." Says Gapwave's CEO Lars-Inge Sjöqvist
For more information, please visit www.gapwaves.com or contact:
Lars-Inge Sjöqvist, CEO Gapwaves AB
Phone number: + 46 736 84 03 56
E-post: lars-inge.sjoqvist@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.