Redeye notes that Gapwaves' Q2 2025 report exceeded its estimates on all key metrics. Valeo achieving start-of-production status represents a watershed moment for Gapwaves, marking another tier-1 commencing volume production. Redeye believes this will provide a foundation for sustained revenue growth. Redeye anticipates a double-digit positive movement in the share price as investors gain confidence in the revenue growth from tier-1s ramping up.
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