Latest news with #waveguide
Yahoo
18 hours ago
- Automotive
- Yahoo
Gapwaves begins waveguide antenna production for Valeo
Gapwaves has commenced series production of its waveguide antennas for Valeo's advanced driver assistance systems (ADAS), leveraging its patented multi-layer waveguide (MLW) technology. The production kick-off took place last week at Gapwaves' facility in Gothenburg, Sweden, with the first series delivery to Valeo completed on 1 July. The Gothenburg facility, inaugurated last November, is pivotal for developing, testing, and validating scalable production processes before transferring them to global production partners. Following the initial production phase in Gothenburg, Gapwaves will transfer the production to Frencken Group in China for full-scale, automated series production under Gapwaves' supervision. Valeo's new vehicle radar, incorporating Gapwaves' antennas, is set to enhance ADAS functionalities, such as blind spot warning and cross-traffic alert systems. Gapwaves said, its partnership with Valeo has resulted in a 'cost-effective radar' with substantially improved performance. Gapwaves CEO Jonas Ehinger said: "This is a very important milestone for Gapwaves. Our new pilot line in Gothenburg has been crucial for us to maintain such short lead times from the development of the new antenna all the way to production, while maintaining the highest quality, and demonstrating that we meet the requirements according to the high standards of the automotive industry. 'Over the past year, Gapwaves has taken many important steps in our commercialisation journey, and having production up and running for Valeo, a world leader in ADAS systems, is a strong testament to Gapwaves positioning." Gapwaves' multi-layer waveguide technology offers high-end performance at reduced costs. Gapwaves is set to produce approximately 435,000 antennas this year and an estimated 4.5 million in 2026, an increase from the 60,000 produced between 2011 and 2023. "Gapwaves begins waveguide antenna production for Valeo" was originally created and published by Just Auto, a GlobalData owned brand. The information on this site has been included in good faith for general informational purposes only. It is not intended to amount to advice on which you should rely, and we give no representation, warranty or guarantee, whether express or implied as to its accuracy or completeness. You must obtain professional or specialist advice before taking, or refraining from, any action on the basis of the content on our site.
Yahoo
19 hours ago
- Automotive
- Yahoo
Gapwaves begins waveguide antenna production for Valeo
Gapwaves has commenced series production of its waveguide antennas for Valeo's advanced driver assistance systems (ADAS), leveraging its patented multi-layer waveguide (MLW) technology. The production kick-off took place last week at Gapwaves' facility in Gothenburg, Sweden, with the first series delivery to Valeo completed on 1 July. The Gothenburg facility, inaugurated last November, is pivotal for developing, testing, and validating scalable production processes before transferring them to global production partners. Following the initial production phase in Gothenburg, Gapwaves will transfer the production to Frencken Group in China for full-scale, automated series production under Gapwaves' supervision. Valeo's new vehicle radar, incorporating Gapwaves' antennas, is set to enhance ADAS functionalities, such as blind spot warning and cross-traffic alert systems. Gapwaves said, its partnership with Valeo has resulted in a 'cost-effective radar' with substantially improved performance. Gapwaves CEO Jonas Ehinger said: "This is a very important milestone for Gapwaves. Our new pilot line in Gothenburg has been crucial for us to maintain such short lead times from the development of the new antenna all the way to production, while maintaining the highest quality, and demonstrating that we meet the requirements according to the high standards of the automotive industry. 'Over the past year, Gapwaves has taken many important steps in our commercialisation journey, and having production up and running for Valeo, a world leader in ADAS systems, is a strong testament to Gapwaves positioning." Gapwaves' multi-layer waveguide technology offers high-end performance at reduced costs. Gapwaves is set to produce approximately 435,000 antennas this year and an estimated 4.5 million in 2026, an increase from the 60,000 produced between 2011 and 2023. "Gapwaves begins waveguide antenna production for Valeo" was originally created and published by Just Auto, a GlobalData owned brand. The information on this site has been included in good faith for general informational purposes only. It is not intended to amount to advice on which you should rely, and we give no representation, warranty or guarantee, whether express or implied as to its accuracy or completeness. You must obtain professional or specialist advice before taking, or refraining from, any action on the basis of the content on our site. Sign in to access your portfolio
Yahoo
26-06-2025
- Business
- Yahoo
Vuzix (VUZI) Receives $5 Million Investment from Quanta, Achieves Waveguide Production Targets
Vuzix Corporation (NASDAQ:VUZI) is one of the 7 most popular AI penny stocks under $5 to avoid. On June 16, the company received a $5 million second tranche investment from Quanta Computer, a global Original Design Manufacturer (ODM) and strategic partner. SFIO CRACHO/ This latest investment brings Quanta's total investment in Vuzix to $15 million, although the total anticipated investment from the company is $20 million. According to Vuzix, this latest capital injection 'strengthens' the partnership between Vuzix and Quanta and 'expands' Vuzix's waveguide production capabilities. The investment was made in the form of a convertible note with a conversion price of $8.00 per share. Meanwhile, Vuzix has successfully achieved its waveguide production and yield targets. The company successfully scaled its proprietary waveguide manufacturing process to meet the growing demand for its solutions. This milestone is crucial for enhancing the company's state-of-the-art waveguide manufacturing capabilities. Vuzix said that the capital injection and the achievement of a key milestone position it to deliver affordable, lightweight, and performance-driven AI smart glasses for mass-market adoption. Vuzix Corporation (NASDAQ:VUZI) is a New York-based technology company. It designs and sells smart glasses and augmented reality (AR) products. Some of its products already in the market include wearable display devices like the Vuzix Blade, M Series, Shield, and Z100, as well as waveguide optics and display engines. The company also provides engineering services and OEM/ODM solutions. While we acknowledge the potential of VUZI as an investment, we believe certain AI stocks offer greater upside potential and carry less downside risk. If you're looking for an extremely undervalued AI stock that also stands to benefit significantly from Trump-era tariffs and the onshoring trend, see our free report on the best short-term AI stock. READ NEXT: Goldman Sachs China Stocks: 10 Stocks to Buy and 10 Undervalued Blue Chip Stocks Analysts Recommend for Smart Investing. Disclosure: None. Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
