Ready for global expansion? Yes!

In 2023, RanLOS reached several milestones. One of the most notable achievements was building our pipeline to approximately SEK 70 million with some of the world’s leading car manufacturers, subcontractors, and test labs. Through close collaboration with our resellers, we conducted several successful demonstrations that clearly show the reliability and simplicity of our system. With these demonstrations, we have expanded our pipeline and gained multiple sales opportunities in all our key markets, making us ready for global scaling and expansion. The demonstrations have not only impressed existing and potential customers but also sparked curiosity and interest from potential partners. One result of this is the new partnership with the measuring instrument company Anritsu.

We also sold and delivered our first test system to the European market in 2023. It was a strategically important order that, in addition to the test system, also includes new modules and related products that we are developing together with the customer. These have already significantly increased the order value in other ongoing sales dialogues. The market potential for OTA testing is large and growing steadily. Currently, only a few car manufacturers around the world have invested in their own measuring equipment to measure connectivity. But with increasing demand, this is expected to become standard within a few years. By integrating our system with Anritsu’s instruments for 5G measurements, we have created a cost-effective turnkey solution for all customers and markets, this also has the potential to become a market standard.