Qamcom’s Sensrad takes on investment from Gapwaves
Seven District portfolio company Qamcom Group has announced that its imaging radar sensor spin-out venture Sensrad brings onboard Gapwaves AB as a strategic minority investor to accelerate the realization of the potential of next-generation radars.
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 approx. 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.
The timing of this partnership is ideal, given the growing demand for robust, reliable, and high-resolution sensing technology in a multitude of application fields. Combining Gapwaves antenna technology with Sensrads radar products will allow Sensrad to bring a highly capable imaging radar sensor to the market. Sensrad has a sales subsidiary in China, which can also facilitate the reach for Gapwaves in the Chinese market with its antenna products.