NOTE expands partnership with Maven Wireless AB

NOTE will supply Maven Wireless with approximately EUR 5 million worth of products on an annual basis. After joint development activities dating back to 2017, batch production started in May 2019 at NOTE Pärnu, Estonia. The project is now entering the volume phase.

Maven Wireless, a Swedish company, delivers sustainable coverage solutions for public cellular and critical communication. The Maven Wireless Digital Antenna System (DAS) and digital repeaters can be used widely in different applications, for example in-building coverage, tunnel coverage and for stadium solutions.

“Maven Wireless is a leading technological innovator, and we’re delighted to have entered this partnership,” commented Johannes Lind-Widestam, NOTE’s CEO and President. “It’s also an example of how our increasingly connected daily lives are bringing growth opportunities for us as a manufacturing partner.”

“Maven Wireless is expanding rapidly and need a manufacturing partner who can grow the business and production capacity quickly, whilst maintaining high production quality. NOTE is a great fit to meet the high requirements in Radio Frequency (RF) and digital competences needed to build our advanced wireless coverage solutions,” says Fredrik Ekström, CEO of Maven Wireless.

For more information, please contact:
Johannes Lind-Widestam, CEO and President, tel. +46 (0)70 541 7222  
Henrik Nygren, CFO, tel. +46 (0)70 977 0686

About NOTE
NOTE is one of northern Europe’s leading EMS partners, producing PCBAs, subassemblies and box build products. NOTE’s offering covers the complete product lifecycle, from design to after-sales. NOTE has a presence in Sweden, Finland, the UK, Estonia and China. Net sales in the last 12 months were SEK 1,476 million; the group has approximately 1,050 employees. NOTE is listed on Nasdaq Stockholm. For more information, please go to www.note.eu.

The information was submitted for publication at 08:30 a.m. CET on 17 June 2019.

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