Redeye states that the report was below expectations. However, Gapwaves is moving towards the first customer in volume production, which we expect in 2024. A weak point was commentary about postponed investment decisions attributable to challenges and delays among car manufacturers. However, already-signed contracts are progressing. Redeye updated its estimates and fair value range after Gapwaves Q4 2023 report.

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Gapwaves - A year of commercialization

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