CEO Stefan Svedberg will highlight the importance of a new customer, a global market leader in mmWave technology. He will also discuss the progress following BeammWave’s achievement as the world’s first company to demonstrate distributed digital beamforming. What’s next for BeammWave on our journey forward?

Stefan Svedberg, CEO of BeammWave, will present the company at the Redeye Technology & Life Science Day, taking place on Tuesday, December 3.

When: December 3, 9:00 AM – 4:00 PM
Where: Link to the event
BeammWave Presentation: 11:20 AM, Stream 3

The event is open to everyone, but registration on redeye.se is required.

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Two additional fundamental patents have now been granted in Europe, each marking the first grant within its respective patent family.

These patents provide protection for “frequency generation of a multi-antenna transceiver system” and “mmWave multiband transceiver unit and transceiver arrangement for carrier aggregation support”.

"These patents cover fundamental parts of BeammWave’s digital beamforming architecture and further strengthen our already strong patent portfolio”, says Bengt Lindoff, Chief Systems Architect at BeammWave.


CEO Stefan Svedberg will expand on the significance of securing a new customer that is a global market leader in the mmWave industry. He will also discuss the developments following BeammWave’s achievement as the first in the world to demonstrate distributed digital beamforming. What lie ahead for BeammWave, and what’s next in our journey?

This is a significant step for BeammWave adding an Asian customer that is a global electronics leader with a broad portfolio of electronic components and solutions serving the global electronics industry and a wide variety of applications. The company has a turnover exceeding USD 10 billion and more than 70,000 employees.

“I’m excited to present live in Stockholm and share how this new customer, a market leader in the mmWave market, represents a transformative step for us, while also complementing our ongoing partnership with our first customer, Molex. I’ll highlight how the new project with Saab both strengthen and expands our business opportunities”, says Stefan Svedberg, CEO of BeammWave.

  • Date & Time: November 26, 2024, at 19.00
  • Location: Stora Aktiedagarna, Stockholm, get details and sign up for the event here.

If unable to attend in person, the presentation will be streamed online at the following link:
BeammWave Stock Days Stockholm
A recorded version will also be available afterward on the company’s website at www.beammwave.com.

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Stefan Svedberg, CEO at BeammWave, interviewed by Rasmus Jacobsson – Equity Analyst, Redeye, to discuss the latest customer order, the Q3 report and the outlook.

“The latest customer order is very significant for us. It solves the next steps for BeammWave. The customer is one of the market leaders in the mmWave industry and already has products on the market. There will still be a lot of things happening before end of this year”, says Stefan Svedberg, CEO at BeammWave.

See and listen to the interview here:
Analyst interview BeammWave-Redeye

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The undisclosed customer has placed an order on the Advanced Development Platform (ADP1) from BeammWave AB, to evaluate BeammWave's unique and patented digital beamforming concept and products.

BeammWave, experts in high frequency communication solutions, today signed an evaluation license agreement including an Advanced Development Platform with the customer. The initial order value is USD 150,000. The customer will, with the support of BeammWave, perform an evaluation to understand the benefits of BeammWave’s digital approach. The project includes additional phases that will be detailed once the evaluation is concluded.

The Asian customer is a global electronics leader with a broad portfolio of electronic components and solutions serving the global electronics industry and a wide variety of applications. The company has a turnover exceeding USD 10 billion and more than 70,000 employees.

“We are excited and proud to get the opportunity to work with a global leader and believe this will even further highlight the benefit and competitiveness of our product portfolio and concept. The collaboration has already given us significant experience and learnings. This is an important step for BeammWave and a proof point for our thought leadership in digital beamforming”, says Stefan Svedberg, CEO of BeammWave.

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Focus on customers, product and delivery

BeammWave AB's Interim Report for the period January-September 2024 is now available on the Company's website beammwave.com/news.

The optimistic outlook we previously shared in terms of new customers, remains and has been strengthened. All the discussions we’ve been having over the past few years continue, and our view of timing remains largely unchanged, says Stefan Svedberg, CEO of BeammWave.

Highlights during the third quarter

  • BeammWave makes the world's first Over-The-Air demonstration of Distributed Digital Beamforming
  • BeammWave CEO in analyst interview with Redeye
  • BeammWave appoints Pareto Securities as liquidity guarantor
  • BeammWave participated in Aktiespararna's event Aktiedagarna

Highlights after the period

  • BeammWave and Saab awarded SEK 4.1M in an innovation grant from Vinnova
  • BeammWave joins the XG Mobile Promotion Forum (XGMF), a Japanese forum that aims to promote mobile services and the development of mobile businesses
  • BeammWave granted SEK 3M contribution from the Vinnova call “6G Research and innovation 2024”
  • The BeammWave Patent Portfolio for Digital Beamforming expands with a grant in Korea of the one of BeammWaves fundamental patents

Period July-September 2024
– Net sales was SEK 0K (0)
– Operating profit/loss was SEK -6,082K (-4,868)
– Profit/loss before tax was SEK -5,980K (-4,745)
– Earnings per share was SEK -0.27 (-0.36)
– Solvency was 90 (91) %

Period January-September 2024
– Net sales was SEK 1,066K (0)
– Operating profit/loss was SEK -16,053K (-14,185)
– Profit/loss before tax was SEK -15,858K (-13,771)
– Earnings per share was SEK -0.93 (-1.05)
– Solvency was 90 (91) %


The project, from the call "Collaboration project for civil-military synergies", is a joint project together with Saab. The total budget for the project is SEK 5.6 million, of which the Vinnova grant has a total of SEK 4.1 million and BeammWave's share of the grant is SEK 2.3 million.

The project idea is to combine Saab's world-leading know-how in several military application areas with BeammWave's unique know-how in digital beamforming for telecom and consumer products. The purpose of this is to investigate the possibilities of creating new powerful and extremely cost- and energy-efficient products with a 100% Swedish design and manufacturing in the European Union.

The project runs from November 2024 till November 2025.

"This gives us the opportunity to find new areas of application for our world-unique product and it's great fun to be able to do this with a company like Saab," says Stefan Svedberg, CEO of BeammWave.

"This project provides great learning in both directions, and it will give us knowledge that is not only applicable for military purposes but will also benefit our 5G-portfolio," says Per-Olof Brandt, co-founder and CTO at BeammWave.

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Fundamental patent now granted in Korea adding to the previous grants in US, China and Europe.

This patent provides protection for “A Digital Beamforming Transceiver Arrangement”.

"We are seeking broad protection for our patents on the important markets, using an interleaving strategy. This is an important patent for us, and it further strengthen an already strong portfolio”, says Bengt Lindoff, Chief Systems Architect at BeammWave.


The project, from the call “6G Research and innovation 2024”, is coordinated by BeammWave and is a joint project together with Advenica and Lund University. The total budget of the project is SEK 8.6M whereas the Vinnova grant, is SEK 5.9M and the BeammWave share of the grant has a total of SEK 3M.

The project title is “Distributed digital beamforming for cmWave and mmWave integrated radar and communication”. The project idea is to utilize BeammWave’s Advanced Development Platform – ADP1 in the mmWave Frequency Range, to develop 6G technology for Integrated Sensing And robust Communication (ISAC). The project will start in November 2024 and conclude in August 2027.

"By employing our distributed digital beamforming architecture, the sensing can be done with higher precision compared to current architectures which are based on analog beamforming solutions, says Bengt Lindoff, Chief Systems Architect of BeammWave.

“We continue to build on our successful collaboration with Lund University and Advenica making sure that we cover network efficiency, spectrum sharing and security”, says Markus Törmänen, co-founder and Board Member at BeammWave.

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BeammWave joins the XG Mobile Promotion Forum (XGMF), a Japanese forum that aims to promote mobile services and the development of mobile businesses.

The forum consists of 82 member companies representing a major part of the Japanese telecom industry with operators and device and component manufacturers. In addition, there are also individual representatives mostly coming for Universities in Japan.

Japan is a strong innovator with large and successful operators, several well-known global consumer brands, and with a world class supply chain for telecom. We as BeammWave are proud to be able to join and to continue to contribute to and learn from the other members of the organisation”, says Masanori Sakuuchi, Director of Sales Japan, at BeammWave.

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BeammWave participated on September 19 at Aktiedagarna in Stockholm, where CEO Stefan Svedberg presented the company.

Stefan informed about:

  • That BeammWave is the first in the world to be able to publicly show distributed digital beamforming
  • The company's thought leadership
  • The first customer

and what exciting steps await in the near future.

Here you can listen to and see the entire exciting presentation about BeammWave and digital beamforming:
BeammWave Stock Days Stockholm

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The Swedish company BeammWave has further established their thought leadership in digital beamforming by doing the world's first demonstration of distributed digital beamforming.

The demonstration was first shown for customers late this summer and has since been solidified and integrated into the BeammWave Advanced Development Platform (ADP1). BeammWave claims that this is proof of the BeammWave concept, as well as it shows that there is a viable solution for the technical problems and slow uptake of mmWave in 5G.

We defined this concept back in 2013 and then also defined what design criteria that needed to be met for the concept to be viable for high-volume smartphones. We have since proved first through simulations, then on component level and now we have shown it in Over-The-Air system setup using 5G modulated data”, says Per-Olof Brandt, co-founder and CTO at BeammWave.

This is a game changer not only for 5G, but it will also have an impact on how higher frequency spectrum can be used in future generations like 6G and how it can drive the new use cases that everyone has been waiting for”, says Stefan Svedberg, CEO at BeammWave.

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