BeammWave AB Class B
SSTO:BEAMMW_B20.35
SEK
-1.45
(-6.65%)
BeammWave AB Class B
STO:BEAMMW_B
(Nasdaq Stockholm)
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price
20.35
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div
yld
- -
ROIC.AI
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- Business
- BeammWave AB (publ) specializes in communication solutions for frequencies above 24 GHz, focusing on next-generation 5G and 6G technologies. The company manufactures ready-to-integrate single radio chips with fully integrated antennas, featuring a patented digital beamforming approach combined with efficient antenna arrays. These products serve applications including smartphones, fixed wireless customer premises equipment (CPE), and base stations. BeammWave's radio-frequency integrated circuits (RFIC) offer high performance with superior cost-efficiency, reduced size, and low power consumption. The company also provides an Advanced Development Platform (ADP1) for customers to test and evaluate digital beamforming use cases beyond the capabilities of analog beamforming. BeammWave operates primarily from its headquarters in Lund, Sweden, and targets global telecommunications markets, especially in North America, Asia, and Europe. Founded in 2017, the company employs professionals located in Sweden, the UK, Canada, Japan, and Taiwan. Recent major developments include a strategic joint development agreement with Nitto Denko, which combines Nitto's advanced low dielectric constant (Low Dk) material expertise with BeammWave's digital beamforming technology to develop smartphone antenna modules and pursue market opportunities. Additionally, BeammWave has entered a collaborative agreement with Alpha Networks to conduct a joint pre-study aimed at next-generation Fixed Wireless Access (FWA) products, leveraging both companies' strengths to address demanding radio environments and enhance cost-efficiency and robustness. The company also announced a new contract with a leading millimeter wave industry player and a civil-military collaborative project with Saab, supported by a SEK 4.1 million innovation grant from Vinnova. To accelerate industrialization and product commercialization, BeammWave completed a SEK 65 million share issue in August 2025 and has planned further expansion of its sales force into additional markets. BeammWave’s business model revolves around its patented fully digital beamforming technology, which enables higher performance at lower cost compared to traditional analog beamforming systems. This technology positions the company as a key player in the evolving 5G and 6G infrastructure landscape, addressing industry needs for high data rates, robust connections, and non-line-of-sight capabilities. The company continues to innovate its product portfolio while strengthening partnerships to enhance market reach and technological development. Its shares are listed on the Nasdaq First North Growth Market in Stockholm under the ticker BEAMMW-B.ST. This comprehensive profile reflects BeammWave’s core product offerings, recent strategic partnerships, funding activities, and expansion initiatives in the technology and telecommunications sector with operations anchored in Sweden and extending internationally.