Airgain Awarded Multi-Million Dollar Tier One MSO Wi-Fi 7 Design Win; Device Is Expected To Begin Shipping In The Second Half Of 2024; Exact Financial Terms Not Disclosed
Portfolio Pulse from Benzinga Newsdesk
Airgain, Inc. (NASDAQ:AIRG) has secured a multi-year, multi-million dollar design win with a Tier One MSO in North America for upgrading to Wi-Fi 7 with Airgain's antenna solution, expected to ship in the second half of 2024. This deal, awarded through a competitive process, underscores Airgain's expertise in optimizing WiFi7 Customer Premise Equipment (CPE) performance and its strong relationship with the MSO. The upgrade aims to enhance consumer capacity and performance, opening new revenue opportunities for the MSO.

March 05, 2024 | 3:00 pm
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Airgain, Inc. has won a significant multi-year, multi-million dollar contract with a Tier One MSO for Wi-Fi 7 upgrades, expected to start shipping in the second half of 2024.
The announcement of a multi-year, multi-million dollar design win with a Tier One MSO for Wi-Fi 7 upgrades is a significant positive development for Airgain. It not only secures a long-term revenue stream but also reinforces Airgain's position as a leading provider of wireless connectivity solutions. The deal, expected to begin shipping in the second half of 2024, highlights Airgain's competitive edge in optimizing WiFi7 CPE performance and its strong relationship with major service providers. This is likely to have a positive impact on investor sentiment and Airgain's stock price in the short term.
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