Gapwaves wins Valeo radar antenna development order worth SEK 2.8 million
Reuters2026/09/11 14:01- Gapwaves received a development order from Valeo to develop two antenna variants for next-generation automotive radar sensors.
- Order value totals SEK 2.8 million for the initial prototype development phase.
- Prototypes will support Valeo testing with potential automotive OEM customers ahead of the next radar sensor generation.
- Work runs in parallel with ramp-up of high-volume antenna production for Valeo’s current radar sensor generation, which started in June 2025.
- Existing Valeo supply agreement is expected to generate mid double-digit million euros of sales over about 10 years.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
You may also like
Hassett: Trump's $5,000 plan "can be achieved in a fiscally responsible manner," and if rates are raised, "the President will have something to say"
White House National Economic Council (NEC) Director Hassett characterized the proposal as a "serious proposal," stating that "it can be achieved in a fiscally responsible manner," and that offset programs would need to be negotiated with Congress. He noted that the proposal could advance through the budget reconciliation process, thereby bypassing minority party obstruction. Hassett also remarked, "I guess if the Federal Reserve takes significant action, the President will have something to say about it."
HII wins USD 336 million U.S. Navy contract for CVN 82 long-lead materials
Egrag Crypto Updates the Full XRP Elliott Wave Price Targets
Adobe Q3 Results Show AI Resilience but Limited Upside, UBS Says