Brief: Gapwaves Receives New Order From Additional European Tier 1 Supplier

Gapwaves AB

23/05/2023 13:51

May 23 (Reuters) - Gapwaves AB  GAPWb.ST :
    * GAPWAVES RECEIVES A NEW ORDER FROM ADDITIONAL LEADING
EUROPEAN
TIER 1 SUPPLIER
    * HAS RECEIVED AN ORDER FOR A NEW PROJECT OF HIGH-RESOLUTION
RADAR
ANTENNAS FROM TIER 1 SUPPLIER THAT A COLLABORATION STARTED WITH
IN Q1 2023
    * ORDER INCLUDES A KICK-OFF PHASE TO DEFINE CONCEPT AND
DESIGN OF
A HIGH-RESOLUTION RADAR ANTENNA
    * VALUE OF INITIAL ORDER IS APPROXIMATELY MSEK 1.
    * WE EXPECT THAT THIS INITIAL PROJECT WILL RESULT IN A
LONG-TERM
COLLABORATION - CEO

Source text for Eikon:  ID:nWkr5cvXJH 
Further company coverage:  GAPWb.ST 

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