BeammWave surprised by stating it is advancing a global tier-1 Asian technology partner from an initial technology evaluation towards a co-development framework. Industrialisation and the financial results are broadly in line with expectations — testing runs in parallel across the three existing customers, the lab is being rebuilt to carry the load, and net sales of SEK0.0m and EBITDA of SEK-9.5m add nothing new about a pre-revenue company building hardware. Beammwave also signed a SEK1.87m defence contract. Redeye reads the tier-1 engagement as the one thing in this report the market has not already seen and expects it to lift the share 5-15% today. Against that, Redeye sees a risk of pushing its H2 2026 estimates into 2027, partly offset in fair value by the capital raise.
LÄS MER
