Gapwaves AB (publ) entered into a development agreement with Desay SV. Leveraging Gapwaves' patented mmWave waveguide and antenna technology and Desay SV's proven expertise in automotive intelligent components, the collaboration aims to co-develop next-generation high-performance mmWave radars to enhance vehicle safety and intelligent driving experiences. Desay SV operates in the global automotive electronics industry, developing and delivering advanced solutions that enhance driving experience and contribute to the future of intelligent, connected vehicles.
Based in China, they supply a range of products to global automotive manufacturers, including driver information systems, multimedia and entertainment systems, and advanced driver-assistance systems (ADAS). The joint achievements are intended for Desay SV's new-generation corner radars, with core performance metrics surpassing previous iterations: a 20% increase in detection range, 3-5dB improvement in signal-to-noise ratio (SNR), and support for up to 4Ghz bandwidth. In the future the results may gradually be applied to more radar products, providing higher-standard radar solutions for the global automotive market in which Desay SV has proven its self-developed algorithms, mature development and management expertise for technical application systems. The order value of this first development step in the agreement is estimated to approximately KSEK during Second Quarter and Third Quarter 2025.
