Brief: Kontron Secures Contract With Leading Supplier To The Automotive Industry

Kontron AG

20/02/2025 06:03

Feb 20 (Reuters) - KONTRON AG  KTN.VI :
    * KONTRON SECURES CONTRACT WITH LEADING SUPPLIER TO THE
AUTOMOTIVE
INDUSTRY
    * KONTRON AG - SECURES $250 MILLION CONTRACT FOR 5G
AUTOMOTIVE IOT
MODULES
    * KONTRON AG - VALUED AT APPROXIMATELY $250 MILLION, THIS
AGREEMENT FURTHER STRENGTHENS KONTRON'S POSITION AS A TRUSTED
IOT TECHNOLOGY PARTNER IN AUTOMOTIVE INDUSTRY
    * KONTRON AG - EXPECTED REVENUES OF $250 MILLION WILL BE
DELIVERED
WITHIN 7 YEARS OR FASTER
    * KONTRON AG - TO SUPPLY 5G-BASED NETWORK ACCESS DEVICES
    * KONTRON AG - PRODUCTION RAMP-UP IN 2026, REVENUES EXPECTED
WITHIN 7 YEARS
    * KONTRON AG - 5G AUTOMOTIVE NAD MODULES MARKET EXPECTED TO
REACH
$10 BILLION BY 2030

Source text:  ID:nEQbG7yDna 
Further company coverage:  KTN.VI 

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