RanLOS presents yearly review and update ahead of 2024

RanLOS key highlights of 2023:

• International success: At the beginning of the year, RanLOS proudly delivered and installed the first test system in Japan, marking the beginning of an impactful year. Before summer, we sold our second test system to a leading European premium car manufacturer, further solidifying our presence in the market. It is a three-step delivery. The first one, which is also the largest one, was delivered and invoiced during the autumn of 2023.
• Market expansion in Asia: During spring we intensified the efforts in China and Korea. We’ve had technical meetings and high interest from leading car manufacturers and suppliers, positioning RanLOS as a leading supplier of innovative test solutions.
• Partnership with Anritsu: A major milestone in our journey was the establishment of a partnership with Anritsu, one of the largest suppliers of measurement instruments in the world. The collaboration resulted in an integration with our products, creating a new innovative solution for full-vehicle 5G testing, which attracted attention on a global scale. Our solution is the smartest and easiest today. It also comes with a fraction of the cost compared to our competitors’ solutions, which means it has the potential to be a standard on the market.
• Media recognition: RanLOS marketing efforts spanned across all geographies and resulted in, for example, a cover story in Microwave Journal, the foremost global magazine in our industry. We also got great publicity for our article and solution with Anritsu. The article was translated into 5 different languages and spread around the world. The exposure in media during the last year is a testament that we have a high reach and reliability within the community.
• Pipeline development: Beyond the product deliveries, we have actively focused on building a robust pipeline. Some customers have already chosen us as their preferred technical solution and are now applying for internal budgets, the estimated value for these deals counts to approximately 7MSEK. Successful demonstrations further contribute to our pipeline development, these deals have an estimated value of around 10MSEK. In addition, we have a lot of technical meetings and customers that are evaluating us. These ongoing evaluations by potential customers indicate a value of approximately 50MSEK.