SAN DIEGO - Airgain, Inc. (NASDAQ: NASDAQ:AIRG), a global provider of wireless connectivity solutions, has announced a substantial multi-year agreement with a leading multi-service operator (MSO) in North America.
The deal, involving the upgrade of customer premise equipment to Wi-Fi 7 using Airgain's antenna solutions, is set to contribute to a long-term revenue stream for the company, with product shipments expected to commence in the second half of 2024.
The selection of Airgain for this project followed a competitive process, highlighting the company's innovative antenna design and proven expertise in over-the-air (OTA) testing and optimization. Airgain's Vice President of US Sales, Lance Laing, emphasized the importance of the design win, citing the extension of a trusted relationship and collaboration with both the MSO and original design manufacturers (ODMs).
The upgrade to Wi-Fi 7 is anticipated to offer consumers increased capacity and performance, which in turn is expected to drive new and expanded revenue opportunities for the MSO. Airgain's role in this technological advancement underscores its commitment to enhancing wireless connectivity.
Airgain is known for addressing a wide range of connectivity challenges and accelerating the time to market for various devices and markets. The company offers a broad portfolio of products, from embedded components to fully integrated systems, under three sub-brands: Airgain Embedded, Airgain Integrated, and Airgain Antenna+. Headquartered in San Diego, California, Airgain aims to simplify wireless connectivity with a focus on high-growth technologies.
The information regarding this new partnership is based on a press release statement from Airgain, Inc.
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