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Gapwaves: Bags first Asian tier-1 customer - Redeye

Gapwaves announced its first Asian tier-1 customer with a development order worth SEK5.3 slated for delivery in Q4 2024 and Q1 2025, concerning Gapwaves Multi-Layer Waveguide technology. Investors’ concerns regarding Gapwaves’ European automotive exposure should be reduced following the order. Redeye retains its estimates but is optimistic about the announcement.

Gapwaves announced its first Asian tier-1 customer with a development order worth SEK5.3 slated for delivery in Q4 2024 and Q1 2025, concerning Gapwaves Multi-Layer Waveguide technology. Investors’ concerns regarding Gapwaves’ European automotive exposure should be reduced following the order. Redeye retains its estimates but is optimistic about the announcement.
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