- Airgain Inc’s AIRG AirgainConnect AC-HPUE has been selected by a major US-based water utility company to improve the connectivity of its fleet. Financial terms were not disclosed.
- The utility plans to equip its 3,000-plus vehicle fleet with the roof-mounted antenna modem to enable optimum connectivity, even in remote and difficult environments.
- The multimillion-dollar contract will be deployed through the end of the year.
- Airgain’s customer, after dealing with unstable connections with its service vehicles for years, decided to upgrade to a high-power solution that included an AirgainConnect AC-HPUE.
- Price Action: AIRG shares are trading higher by 18.70% at $8.31 during the post-market session on Wednesday.
© 2024 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.
Benzinga simplifies the market for smarter investing
Trade confidently with insights and alerts from analyst ratings, free reports and breaking news that affects the stocks you care about.
Join Now: Free!
Already a member?Sign in