The assembly equipment, Gapstacker, from Gapwaves is going to be used for high-volume production of radar antennas. The order has a total value of ca. 4,8 MSEK and will be delivered during the fourth quarter 2022.

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

Gapwaves CEO Jonas Ehinger comments:
“Earlier this year, Frencken ordered Gapwaves test equipment, Gaptester. Together with this new order, Frencken now has a complete production line including high performance assembly and test equipment. Together with Frencken, we are executing in line with our plan towards establishing high volume production for our customers within the Automotive industry.”

For more information, please visit the company’s websites, www.gapwaves.com or contact:  
Jonas Ehinger, CEO 
Phone number: +46 733 44 01 52
E-mail: jonas.ehinger@gapwaves.com

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

Gapwaves Certified Adviser is G&W Fondkommission  
Phone number: +46 (0)8 503 000 50  
E-mail: ca@gwkapital.se   
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.