wireless connectivity capabilities to accelerate performance
on and off the track
SAN DIEGO--(BUSINESS WIRE)--Jan. 31, 2018--
AIRG) a global leader in wireless connectivity platforms today
announced a new multi-year partnership with McLaren Technology Group
that will build on both companies’ reputations in leading-edge, high
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Chuck Myers, President and CEO at Airgain, and Zak Brown, Executive Director, McLaren Technology Group (Photo: Business Wire)
Airgain will build on its expertise in high performance antenna systems
to drive technological advancement within the automotive sector. The
McLaren Technology Group’s expertise will allow both brands to
accelerate the wireless revolution that enables our increasingly
Airgain’s partnership with McLaren extends to the broader business,
including McLaren Applied Technologies, as the two organizations explore
the co-creation of wireless connectivity solutions. In addition, Airgain
will contribute to the performance of McLaren Racing through integrating
technology on-car, off-car and at the McLaren Technology Centre.
Chuck Myers, President and CEO at Airgain, said: “Partnering with
McLaren is a strategic move that will build a powerful and mutually
beneficial relationship. McLaren has a proven record of successfully
applying its technologies to real-world business situations across a
range of sectors. This partnership forms a pivotal part of our growth
and expansion strategy.
“Our expertise will help the McLaren team enhance its wireless
connectivity capabilities, aiding its performance both on and off the
track. Utilizing the platform we have created with McLaren, we will
co-develop engineering solutions to solve the challenges of tomorrow.
Bringing together the best engineering minds from across the globe sits
at the heart of our business. Our partnership with McLaren gives us
access to truly world-class engineering experts who will collaborate
with our own talent, enabling us to better support the hyper-connected
world of the future.”
Zak Brown, Executive Director, McLaren Technology Group, commented:
“Airgain is a new brand to Formula 1 so we’re delighted they have chosen
to partner with McLaren. The technology being pioneered by Airgain is
leading the way in high performance wireless connectivity, both in the
automotive industry and the enterprise and home environments.
“Airgain already partners with and supplies some of the world’s largest
blue chip brands. Its pedigree in the design and integration of high
performance embedded antenna technology will produce real performance
benefits, both on and off the track, for McLaren and Airgain.”
Airgain has a crucial role to play in the connected vehicle market by
providing antenna technology in support of advanced wireless
connectivity solutions for in-vehicle, vehicle-to-vehicle, and
vehicle-to-infrastructure applications. It has a portfolio of
connectivity solutions and a wealth of experience in developing antenna
applications for government, public safety and enterprise applications.
This partnership follows Airgain’s recently announced membership of the
5GAA, underlining Airgain's commitment to the research and development
of new advanced solutions for the connected car, and contributing to
define the new connectivity landscape that will revolutionize the
transportation world as we know it today.
Airgain Inc. (NASDAQ: AIRG) is a global provider of high-performance
wireless communications platforms. Combining design-led thinking with
testing and development, Airgain works in partnership with the entire
ecosystem, including carriers, chipset suppliers, OEMs, and ODMs.
Airgain’s key markets include home, automotive, Internet of Things
(IoT), and enterprise, and its antenna technologies can be found in
set-top boxes, access points, routers, gateways, media adapters, smart
TVs, vehicles, and IoT devices. Airgain is headquartered in San Diego,
California, and maintains design and test centers in the US, UK, and
China. For more information, visit airgain.com,
or follow us on LinkedIn and Twitter.
Airgain and the Airgain logo are registered trademarks of Airgain, Inc.
Airgain cautions you that statements in this press release that are not
a description of historical facts are forward-looking statements. These
statements are based on the company's current beliefs and expectations.
These forward-looking statements include statements regarding the
expectations of the results of the partnership between McLaren and
Airgain and the performance of any resulting products and solutions. The
inclusion of forward-looking statements should not be regarded as a
representation by Airgain that any of our plans will be achieved. Actual
results may differ from those set forth in this press release due to the
risk and uncertainties inherent in our business, including, without
limitation: the market for our antenna products is developing and may
not develop as we expect; risks associated with the performance of
Airgain’s embedded antenna technology; risks that Airgain will not fully
realize the benefits associated with the partnership or that the
partnership is terminated by either party; and other risks described in
our prior press releases and in our filings with the Securities and
Exchange Commission (SEC), including under the heading "Risk Factors" in
our Annual Report on Form 10-K and any subsequent filings with the SEC.
You are cautioned not to place undue reliance on these forward-looking
statements, which speak only as of the date hereof, and we undertake no
obligation to revise or update this press release to reflect events or
circumstances after the date hereof. All forward-looking statements are
qualified in their entirety by this cautionary statement, which is made
under the safe harbor provisions of the Private Securities Litigation
Reform Act of 1995.
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Source: Airgain, Inc.
Airgain Media Contact
+44 (0) 20
Liolios Group, Inc.
Matt Glover or Najim Mostamand
949 574 3860
PR & Media Manager