Gapwaves takes the next step in commercialization – volume production for Valeo launched at Frencken in China

About this update from Gapwaves Ab Class B

Gothenburg, June 26, 2026: Gapwaves announces today that the launch of automated volume production of the company's waveguide-based antennas for Valeo's automotive radar has been completed. The production start at Frencken Group's facility in Chuzhou, China, marks the transfer of production from pilot and small-scale series production in Gothenburg to high-volume contract manufacturing. The volume ramp-up for Valeo is expected to occur gradually over approximately two years. Combined with existing high-volume production of other antennas using Gapwaves technology - the majority of which is licensed production for HELLA - the total estimated annual volume is approximately 4,5 million antennas in 2026, expected to grow to approximately 10 million antennas in 2027.The production start at Frencken marks Gapwaves' entry into the next phase of its collaboration with Valeo, a world-leading player in advanced driver assistance systems (ADAS). The antennas being produced are intended for Valeo's automotive radar and are based on Gapwaves' patented Multi-Layer Waveguide (MLW) technology. The technology is designed to enable radar antennas with high performance, low loss, and production processes tailored to the automotive industry's requirements for quality, repeatability, and cost efficiency.Series production for Valeo began during 2025 at Gapwaves' pilot facility in Gothenburg, where the company developed, tested, and validated scalable processes for production, assembly, testing, and quality assurance ahead of the transfer to Frencken. By combining Gapwaves' technology and process expertise with Frencken's high-volume production capacity, the company strengthens its ability to deliver to global Tier 1 customers."This is one of the most important milestones in Gapwaves' commercialization journey. It marks a central commercial milestone in the collaboration with Valeo and in the company's transition toward recurring production-related revenues. Valeo is a leading global player in automotive radar, and as production for Valeo moves from industrialization in Gothenburg to automated volume production at Frencken, it is clear validation of the value in both our technology and our production model. Together with the already established production of other antennas using Gapwaves technology, this means we are entering a new industrial phase, with significantly higher vo...

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