Gapwaves (GAPW) DNB Carnegie Småbolagsdag summary

Company background and technology

• Specializes in advanced waveguide antenna technology developed from over 20 years of research at Chalmers University.

• Focuses on high-frequency antennas, primarily for automotive applications, but also targets other wireless communication sectors.

• Listed on First North since 2016, with a strong patent portfolio and a flexible, asset-light production model using external partners.

Market position and growth drivers

• Main market is automotive, acting as a tier 2 supplier with products integrated into tier 1 customer solutions for OEMs.

• Automotive radar market is growing rapidly, driven by legal safety requirements and technical regulations, especially in Europe and the US.

• Over 500,000 antennas produced to date, with production ramping up for major contracts.

• Antenna technology is now in commercial, large-scale production for demanding automotive clients.

Product innovation and competitive advantages

• Antennas are thinner, lighter, and more cost-effective than competitors, using copper instead of silver and allowing for simpler manufacturing.

• Newest antenna is one-eighth the thickness of competitors, improves sensor cooling, and is protected by strong patents.

• Customers are increasingly interested in the latest antenna technology, which is now in production for multiple clients.