HELLA signs license and development agreement with Swedish tech firm

Integration of Gapwaves antenna technology to support development of high-performance radar solutions for automated driving functions

HELLA signs license and development agreement  with Swedish tech firm

HELLA is further expanding its role as one of the world’s leading suppliers of radar technology for automated driving functions and has now signed an exclusive licensing and development agreement with Gapwaves, a tech Company listed at Nasdaq First North Growth Market Stockholm, and has acquired a 10 percent stake in the company.

Gapwaves is one of the global market leaders for waveguide-based antennas.

HELLA will implement this technology in the next generation of 77 GHz corner radar sensors, thus further increasing the performance of its own sensors.

Series production for a German manufacturer of premium vehicles is planned to begin in 2024.

“The cooperation with Gapwaves is an important step for us to develop high-performance radar solutions for automated driving functions and thus further expanding our market position in this so important growth area,” says Michael Jaeger, who is responsible for global driver assistance activities as a member of the Executive Board of the Electronics division at HELLA.

“With the development of increasingly advanced active safety systems, as well as self-driving vehicles, the demand for higher resolution radar sensors in particular will increase sharply.

“We see great potential to further increase the performance of our sensors by integrating Gapwaves’ technology.”

By concluding the license agreement, HELLA receives the right to exclusively use Gapwaves’ patented technology for corner radar sensor applications in the automotive sector.

At the same time, the company will be actively involved in HELLA’s radar development activities.

Gapwaves originates from research conducted at Chalmers University of Technology in Gothenburg and was founded in 2011.

The company still has its headquarters there.

Gapwaves has been listed at Nasdaq First North Growth Market Stockholm since 2016. The company currently employs around 30 people and generates annual sales in the single-digit million euro range.

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