1. Airgain launches pre-certified Cat 1 bis embedded modem, enhancing IoT solutions. 2. The new modem reduces costs and speeds up time-to-market for applications.
The launch of a pre-certified modem can significantly boost Airgain's revenue streams, especially in the growing IoT market. Historical examples show that innovative product launches can lead to stock appreciation, as seen with competitors like Sierra Wireless.
The introduction of a new product can serve as a critical driver for future growth, affecting investor sentiment and market positioning.
This product launch positions Airgain well in the long-term IoT market, which is expected to grow. As more applications adopt the new modem, consistent revenue growth can be expected.