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Airgain Announces AirgainConnect™ Fleet: an Innovative Roof-Mounted 5G Vehicle Gateway

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Airgain, Inc. (NASDAQ: AIRG) announces the launch of AirgainConnect™ Fleet, the industry's first low profile, roof-mounted 5G vehicle gateway, combining the latest 5G NR modem and a Wi-Fi 6 router all in one covert form factor. AC-Fleet is designed for rugged outdoor environmental use, with eSIM technology for carrier flexibility. It is easy to install, with streamlined software and remote cloud management, offering wide area cellular and local area Wi-Fi connectivity across multiple vertical markets.
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Introducing the AirgainConnect™ Fleet, a novel 5G vehicle gateway, marks a significant stride in the connectivity solutions sector. The integration of a 5G NR modem with a Wi-Fi 6 router in a single device caters to the increasing demand for robust and efficient wireless communication in commercial and public vehicle fleets. This product's unique selling proposition lies in its low profile design, ease of installation and the use of eSIM technology, which offers a competitive edge by allowing carrier flexibility and multi-carrier connectivity.

The market for 5G infrastructure is rapidly expanding and Airgain's focus on multi-vertical markets such as public safety, transportation and private fleets suggests a strategic move to capitalize on this growth. The IP67 and IP69K ratings ensure durability, which is essential for outdoor use, potentially reducing maintenance costs and downtime. By offering a product that promises high performance and lower total cost of ownership, Airgain may see an increase in adoption rates, which could positively impact their market share and revenue growth.

However, the competitive landscape in 5G technology is fierce, with numerous players investing heavily in R&D. Airgain's success will depend on its ability to differentiate its offerings and penetrate the market quickly before the technology becomes commoditized. The timing of the product's release and its reception at the Consumer Electronics Show could be indicative of the market's readiness to adopt such solutions and Airgain's potential to establish a strong foothold in the 5G connectivity market.

The announcement of AirgainConnect™ Fleet's launch represents a strategic investment in the burgeoning 5G market, which is expected to have a ripple effect on Airgain, Inc.'s financial performance. Investors should note that the initial costs associated with the development and marketing of a new product like AC-Fleet could impact short-term financials. However, the long-term growth potential in the 5G segment could outweigh these initial expenses.

Given the product's targeted application across multiple industries and its innovative features, such as eSIM technology, the potential for revenue diversification and increased market penetration is significant. The device's ease of use and installation could lead to rapid deployment, which would accelerate the revenue stream from this new product line. Airgain's stock (NASDAQ: AIRG) might experience volatility as the market reacts to this launch and subsequent sales performance data.

It is crucial to monitor the company's quarterly earnings reports following the volume shipments expected in the summer to gauge the product's market acceptance and financial impact. Furthermore, the company's ability to manage production scaling and maintain product quality as demand increases will be critical for sustaining growth and profitability.

The launch of AirgainConnect™ Fleet is a technological leap in the 5G connectivity space, especially for vehicle-based networks. The integration of 5G and Wi-Fi 6 technologies in a stealth, low-profile form factor addresses the growing need for seamless connectivity in mobile environments. The use of eSIM technology is particularly noteworthy, as it represents a shift towards more flexible carrier management, enabling users to switch carriers without physical SIM swaps, thereby enhancing operational efficiency.

From a technology standpoint, the IP67 and IP69K ratings signify a high degree of protection against environmental factors, which is critical for devices used in harsh outdoor conditions. This durability could lead to longer product lifecycles and fewer replacements or repairs, which is attractive for fleet operators looking to minimize operational disruptions.

As the industry moves towards more connected and autonomous vehicles, the demand for reliable and high-speed connectivity solutions will continue to grow. Airgain's focus on streamlined software and remote cloud management is aligned with the broader industry trend towards smarter, more manageable technology ecosystems. The success of AC-Fleet will largely depend on its technical performance, alignment with industry standards and ability to integrate smoothly with existing vehicle systems.

All-in-one device integrates 5G modem and Wi-Fi router, providing performance, ruggedness, and ease of use in a stealth form factor

SAN DIEGO--(BUSINESS WIRE)-- 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, today announced the launch of AirgainConnect™ Fleet, its second generation AirgainConnect™ device, at the Consumer Electronics Show in Las Vegas, Nevada. AirgainConnect Fleet will be the industry’s first low profile, roof-mounted 5G vehicle gateway, combining the latest 5G NR modem and a Wi-Fi 6 router all in one covert form factor. At only two inches tall, this low-profile 5G gateway provides flexibility across multiple vertical markets, offering wide area cellular and local area Wi-Fi connectivity across public safety, transportation, public, and private vehicle fleets.

AirgainConnect Fleet, also known as AC-Fleet™, is the evolution of Airgain’s flagship vehicle connectivity line. AC-Fleet not only offers significant innovation in wireless systems design to achieve its performance and compact size, but also uses eSIM technology to enable carrier flexibility and multi-carrier connectivity. It is designed for rugged outdoor environmental use, with its completely sealed enclosure and IP67 and IP69K rating. Furthermore, AC-Fleet is easy to install, with fewer cables to run and simple setup, configuration, and maintenance due to its streamlined software and remote cloud management.

“The need for 5G connectivity in commercial and public fleets continue to grow exponentially. This trend presents a significant opportunity for Airgain to solve unique challenges in this space,” said Patrick Hibbs, Senior Director Product Line Management at Airgain. “We designed AirgainConnect Fleet from the ground up to be the ideal combination of compact size, high performance, ease-of-use, and lower cost. The all-in-one nature of AC-Fleet makes it the optimal device for rapid deployment across multiple different fleet applications, including first responder, public agencies, utility companies, public transportation, commercial and private fleet vehicles, and recreational vehicles (RVs). This truly delivers on our company mission to simplify wireless connectivity.”

“AirgainConnect™ Fleet is another innovative 5G connectivity product in our mission to improve the customer experience,” said Dr. Ali Sadri, Chief Technology Officer at Airgain. “Over the past year, we announced several 5G connectivity products including our Lighthouse™ smart Network Controlled Repeater (NCR), Lighthouse™ Micro Smart Repeater, Lantern™ outdoor Fixed Wireless Access device, Lodestar™ Network Antennas, and the latest, AirgainConnect™ Fleet. This wide range of new products brings differentiated, high-performance 5G capabilities to the market. We are excited to announce availability of the AC-Fleet during the Consumer Electronics Show and expect to start shipping in volume this summer. Come visit us in booth #10562 to see it in person.”

For more information about AirgainConnect™ Fleet, please visit https://www.airgain.com/products/airgainconnect-fleet/

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.

Airgain Media Contact

Marco Ceglie

+1 602 245 6212

mcegliex@airgain.com

Source: Airgain, Inc.

FAQ

What did Airgain, Inc. (NASDAQ: AIRG) announce at the Consumer Electronics Show?

Airgain, Inc. announced the launch of AirgainConnect™ Fleet, its second generation AirgainConnect™ device, at the Consumer Electronics Show in Las Vegas, Nevada.

What is AirgainConnect™ Fleet and what makes it unique?

AirgainConnect™ Fleet is the industry's first low profile, roof-mounted 5G vehicle gateway, combining the latest 5G NR modem and a Wi-Fi 6 router all in one covert form factor. It is designed for rugged outdoor environmental use, with eSIM technology for carrier flexibility.

What are the features of AC-Fleet™?

AC-Fleet™ offers wide area cellular and local area Wi-Fi connectivity across public safety, transportation, public, and private vehicle fleets. It is easy to install, with fewer cables to run and simple setup, configuration, and maintenance due to its streamlined software and remote cloud management.

Who are the key personnel quoted in the press release?

The key personnel quoted in the press release are Patrick Hibbs, Senior Director Product Line Management at Airgain, and Dr. Ali Sadri, Chief Technology Officer at Airgain.

When will AirgainConnect™ Fleet be available for shipping?

AirgainConnect™ Fleet is expected to start shipping in volume this summer.

Airgain, Inc.

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About AIRG

airgain, inc. (nasdaq: airg) is a leading provider of embedded antenna technologies used to enable high performance wireless networking across a broad range of home, enterprise, automotive, and industrial devices. our innovative antenna systems open up exciting new possibilities in wireless services requiring high speed throughput, broad coverage footprint, and carrier grade quality. our antennas are found in devices deployed in carrier, enterprise, and residential wireless networks and systems, including set-top boxes, access points, routers, gateways, media adapters, digital televisions, and internet of things (iot) devices. airgain partners with and supplies the largest blue chip brands in the world, including original equipment and design manufacturers, chipset makers, and global operators. airgain is headquartered in san diego, california, and maintains design and test centers in san diego, cambridge, united kingdom, and suzhou and shenzhen, china. for more information, visit airg