Multi-year deal with rolling implementation secures additional long-term revenue stream

Airgain, Inc. (NASDAQ: AIRG), a leading provider of wireless connectivity solutions, that creates and delivers embedded components, external antennas, and integrated systems across the globe secured a multi-year, multi-million dollar design win with a Tier One multi-service operator (MSO) in North America upgrading its customer premise equipment to Wi-Fi 7 with Airgain’s antenna solution. This device is expected to begin shipping in the second half of 2024.

The design was awarded as part of a competitive process, with Airgain selected for its ability to optimize the performance of the WiFi7 Customer Premise Equipment (CPE) with its unique antenna design as well as its longstanding trusted relationship and its extensive experience and capability in facilitating the end-to-end over the air (OTA) testing and optimization process.

Lance Laing, Airgain’s Vice President of US Sales, said: "We are very pleased with this significant design win after working closely with both the MSO customer as well as the original design manufacturers (ODMs). This collaboration signifies not just a technological upgrade, but the extension of a long-term relationship built on trust, innovation, and unwavering support.”

This upgrade will empower consumers with increased capacity and unparalleled performance, contributing to driving new and expanded revenue generating opportunities for the MSO.

For further information about Airgain and its range of solutions, products and services, visit airgain.com.

About Airgain, Inc.

Airgain simplifies wireless connectivity across a diverse set of devices and markets, from solving complex connectivity issues to speeding time to market to enhancing wireless signals. Our products are offered in three distinct sub-brands: Airgain Embedded, Airgain Integrated and Airgain Antenna+. Our mission is to connect the world by making wireless simple. Airgain's expertise in custom cellular and antenna system design pairs with our focus on high-growth technologies and our dedication to simplify the growing complexity of wireless. With a broad portfolio of products across the value chain, from embedded components to fully integrated products, we are equipped to solve critical connectivity needs in both the design process and the operating environment across the enterprise, automotive, and consumer markets. Airgain is headquartered in San Diego, California. For more information, visit airgain.com, or follow Airgain on LinkedIn and Twitter.

Airgain and the Airgain logo are trademarks, or registered trademarks of Airgain, Inc. All other trademarks are the property of their respective owner.

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