Here are a couple of stock exchange releases translated into English:
Analyst Group: Equity Analysis for IPO-current Maven Wireless - Market Leader in Rapidly Growing Markets
Stock Exchange Release 19.05.2021 10:27
With its internally developed and patented software, Maven Wireless (“Maven” or “the Company”) is currently the only player on the market to offer a comprehensive DAS system that covers indoor and tunnel coverage for all operators simultaneously. The client list includes Telenor and the Austrian equivalent of the Swedish Transport Agency, ÖBB (through partners). With an order book of approximately SEK 240 million and potential acquisitions of approximately SEK 450 million, Maven is now ready to expand its business. Analyst Group estimates sales of SEK 290 million in 2023, where an applied target multiple of 4x EV/sales and a 10% discount rate gives a present value of SEK 17.4 per share in the base scenario.
Read the full equity analysis here (Maven Wireless - Analyst Group)
Maven Wireless Granted Five New US Patents
Stock Exchange Release 19.05.2021 10:57
Maven Wireless, a market leader in pioneering solutions for wireless coverage, has been granted five patents by the United States Patent and Trademark Office. An important milestone in Maven Wireless’s expansion into the US market.
Maven Wireless offers pioneering solutions in wireless coverage worldwide. The company provides a unique and comprehensive DAS system that covers indoor and tunnel coverage. The solutions are unique and future-proof, supporting all relevant technologies from 2G to 5G. The company has an active strategy for protecting intellectual property, including patents, for its own products.
Maven Wireless operates in several selected markets in Europe, the Middle East, and Asia and already holds over 30 patents globally. The next step in the company’s global expansion strategy is to enter the US market, as North and South America represent 44 percent of the company’s addressable markets. The new US patents cover key elements of the digital DAS system, but also how multiple operator networks are built using DAS with O-RAN. They are an important milestone in Maven Wireless’s commercialization in the US.
“We are pleased that the uniqueness of our technology has been recognized by the US Patent and Trademark Office, and that we have been granted these new patents. This further strengthens our global position as a market leader in pioneering solutions for wireless coverage and gives us a competitive advantage as we enter the US,” says Fredrik Ekström, CEO of Maven Wireless.