NOTE expands its co-operation with Maven Wireless AB
NOTE will manufacture products for Maven Wireless worth some EUR 5 million on an annual basis. Following joint development activities since 2017, serial production started in May 2019 in Pärnu, Estonia. The project is now in the volume phase.
Swedish Maven Wireless delivers robust wireless coverage solutions for mobile traffic and other critical communications. Maven Wireless Digital Antenna System (DAS) and digital repeaters can be widely used in various applications, for example in connection with buildings, tunnels and sports arenas.
”Maven Wireless is a leading technology innovator, and we are excited about this partnership”, says Johannes Lind-Widestam, NOTE's President and CEO. ”It is also an example of how our increasingly connected everyday lives provide growth opportunities for us as a manufacturing partner.”
”We are expanding rapidly and need a manufacturing partner that can grow with our business and rapidly increase production capacity while maintaining high production quality. NOTE meets the high standards of radio frequency (RF) and digital competences needed to build our advanced wireless coverage solutions.”,</em says Fredrik Ekström, CEO of Maven Wireless.
For further information, please contact:
Johannes Lind-Widestam, President and CEO, tel. 070-541 72 22
Henrik Nygren, Chief Financial Officer, tel. 070-977 06 86
About NOTE
NOTE is one of northern Europe's leading electronics manufacturing partners. NOTE manufactures printed circuit boards, sub-assemblies and complete products (box build). Its customer offering covers the whole product lifecycle, from design to after-sales. NOTE is established in Sweden, Finland, the UK, Estonia and China. Sales in the last 12 months were SEK 1,476 m, and the group has approximately 1 050. NOTE is listed on Nasdaq Stockholm. For more information, please visit www.note.eu.
IThe information was submitted for publication on 17 June 2019 at 08.30 CET.