Multi-year deal with rolling implementation secures additional long-term revenue stream
Airgain, Inc. (NASDAQ:AIRG), a leading provider of wireless connectivity solutions, that creates and delivers embedded components, external antennas, and integrated systems across the globe secured a multi-year, multi-million dollar design win with a Tier One multi-service operator (MSO) in North America upgrading its customer premise equipment to Wi-Fi 7 with Airgain's antenna solution. This device is expected to begin shipping in the second half of 2024.
The design was awarded as part of a competitive process, with Airgain selected for its ability to optimize the performance of the WiFi7 Customer Premise Equipment (CPE) with its unique antenna design as well as its longstanding trusted relationship and its extensive experience and capability in facilitating the end-to-end over the air (OTA) testing and optimization process.
Lance Laing, Airgain's Vice President of US Sales, said: "We are very pleased with this significant design win after working closely with both the MSO customer as well as the original design manufacturers (ODMs). This collaboration signifies not just a technological upgrade, but the extension of a long-term relationship built on trust, innovation, and unwavering support."
This upgrade will empower consumers with increased capacity and unparalleled performance, contributing to driving new and expanded revenue generating opportunities for the MSO.
For further information about Airgain and its range of solutions, products and services, visit airgain.com.