Gapwaves has signed a non-binding letter of intent (LOI) with the undisclosed tier-1 customer. The LOI confirms the goal of finalising the project towards the start of production (SOP) and subsequent high-volume production of Gapwaves’ antennas. Additionally, Gapwaves received a follow-up order valued at SEK1.2m. Redeye raise its estimates and base case.
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