Gapwaves announces the signing of a development and supply agreement for radar antennas with tier 1 automotive supplier Valeo, starting in 2025 and spanning c. 10 years. Gapwaves has been receiving prototype & development orders from early 2023, hence the fast start of production. We have earlier included revenues from this previously undisclosed tier 1 since 2026E with a gradual ramp-up, but this increases confidence in short-term estimates.
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