Gapwaves acquires a minority stake in the Qamcom Group 4D imaging radar company Sensrad
Qamcom Group, Gapwaves and Sensrad today announces that Gapwaves acquires a minority stake in Sensrad AB (“Sensrad”) from Qamcom Group AB (“Qamcom”). Through the investment, both Qamcom and Gapwaves moves to a new and stronger position in the value chain in the growing market of imaging radar sensors outside the traditional automotive market.
Sensrad is a spin-out venture from Qamcom Group’s Radar division and offers a unique 4D imaging radar sensor based on the latest software and hardware technology, including the leader radar chipset from Arbe. Sensrad is based in Gothenburg and currently has an equivalent of approximately 19 employees with highly relevant radar and signal processing experience. Sensrad has an established business and has already delivered prototype volumes of the Hugin 4D imaging radar to their customers in infrastructure, surveillance and mobility radar business.
By investing in Sensrad and strengthening its 4D imaging radar offering,