2024-09-05

Latest from RanLOS:
Pipeline growth and exciting news

In this article, and video with our CEO Louice Rosdahl, you will get the latest news about our recent progress and future plans. Over the past months, our team has been working hard to expand our market presence and drive growth, and the results have been very positive. Thanks to our dedicated team and the strong partnerships we’ve built with our international distributors, we have significantly increased our sales pipeline. Also, we’re excited to announce how we can accelerate this growth even further.

Key Highlights:

  • Pipeline growth with ~50%: Since the beginning of the year, our sales pipeline has grown by ~50% reaching a total of around 100 million SEK. This increase reflects our focused sales efforts and strategic collaborations with international resellers.
  • Pipeline breakdown:
    • We currently have about 7 million SEK in value from potential customers who have selected us as their preferred technical solution and are in the process of internal budget approval.
    • We have sent proposals and held successful demonstrations for a variety of potential customers, these opportunities are valued at approximately 18 million SEK.
    • Additionally, we are in ongoing technical discussions and negotiations with other clients, with indicative proposals valued at around 75 million SEK.
  • Strengthened market position: To increase our visibility, we have published numerous articles and application notes and participated in several exhibitions, events, and seminars. These activities have gained great attention and positioned us as a recognized brand in our niche.

Upcoming rights issue
To further capitalize on our growing momentum, we are planning a rights issue this fall. This initiative will support our sales activities and convert our strong pipeline into orders. More details about the rights issue can be found on: www.ranlos.com/investors.

We look forward to the months ahead as we continue to build on this progress and achieve new milestones. Stay tuned for more updates!

Want to learn more?

Make sure to follow RanLOS at LinkedIn, have a look our latest news here or reach out to our employees. 

We aim to create a better connected society. To do so we need easy-to-use and flexible solutions for testing wireless performance over-the-air (OTA). It includes all relevant standards today and tomorrow; such as 3G, 4G, 5G, and WiFi. Work with us and start measuring easier, faster and smarter.