Arbe Robotics says Sensrad receives strategic investment from Gapwaves

Arbe Robotics announced that Sensrad has received a strategic investment from Gapwaves. Sensrad is a recent spin-out venture from Qamcom Group AB. Gapwaves announced it has entered into an agreement through which Gapwaves will become owner of 30 percent of the share capital of Sensrad, previously a fully owned subsidiary of Qamcom. The total investment amounts to SEK 40 million. Through the investment, Gapwaves announced that it addresses several new and structurally growing end-user markets in 4D imaging radar utilizing its antenna technology and industrial know-how outside the traditional automotive market.