The undisclosed Tier 1 customer, with whom a collaboration started in First Quarter 2023, has placed a new order with Gapwaves, with a value of approximately SEK 1.9 Million. It concerns the continuation of the development project communicated in March 2024. The customer is a leading global Tier 1 supplier in the Automotive industry.

This order is the sixth since First Quarter 2023 and involves the development of a waveguide antenna, intended for Advanced Driver Assistance Systems (ADAS) and is based on Gapwaves? recently launched Multi-Layer Waveguide (MLW) technology. Most of the project is expected to be delivered in the second quarter of 2024.