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Maven Wireless Wins Order for New Train Repeater Worth SEK 17m

Maven Wireless' Swiss partner Strapag, specializing in the integration of repeater solutions on trains, has secured another major deal with the Maven train repeater TOR towards a Swiss train manufacturer. This time serving a Norwegian Train Operator requiring ultra high-speed coverage on trains, also known as Gigabit train coverage. Strapag has placed an order for train repeaters worth approximately SEK 17m.

The Norwegian end customer has ordered 17 train sets of this type that require high-speed coverage with an option of an additional 66. The products will be delivered and invoiced during 2025.

"I am pleased to deliver a new product combination with 5G MIMO support, which enables each connected mobile operator to increase bandwidth to gigabit speeds, thereby enhancing the customer experience. Furthermore, it is exciting to support the Norwegian market with this train repeater, and we see more business opportunities with the same end customer," says Fredrik Ekström, CEO of Maven Wireless.

For more information, please contact:

Fredrik Ekström, CEO
+46-8-760 43 00
www.mavenwireless.com

About Maven Wireless

Maven Wireless provides groundbreaking solutions in wireless coverage all over the world.
We offer end-to-end digital solutions with outstanding performance. Our products contribute to public safety by ensuring wireless coverage for critical services, and are used in tunnels, on trains, metros, stadiums, buildings and more. We are passionate about making society and our customers’ and end users lives better, easier and safer by securing 100% wireless coverage. Maven Wireless is listed on Nasdaq First North Growth Market with the shortname MAVEN. FNCA Sweden AB is appointed as Certified Adviser.
For additional information, please visit: www.mavenwireless.com

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Maven Wireless Wins Order for New Train Repeater Worth SEK 17m

Datum 2024-08-23, kl 08:28
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