May. 12 at 5:30 PM
$ARBE Gapwaves CEO held an interview with Redeye earlier this month and implied that Sensrad (Arbe Tier-1) would be reaching profitability "quite soon" in a matter of months/quarters but would not provide further specifics.
Their CEO also stated the US Military/DoW customer of Sensrad has put in a substantial order for this year, and they are growing very quickly (I believe he was referring to Forterra) with several other potential customers in the pipeline running evaluations with 5~10 radars each.
The CEO stated that Sensrad's "to market" strategy is about a year behind, but with deliveries starting last year (summer time frame), sales are picking up quickly and with much higher margins vs Gapwaves own products (antennas).
For those who aren't aware, Gapwaves owns 30% of Sensrad, and provides the antenna's for Sensrad's radar. All of Sensrad's radar products are based on Arbe's chipsets.
