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Press release

Maven Wireless signs an updated contract for the SEK 213 million SBB frame agreement

Maven Wireless Sweden

The investigation continious after the appeal against the award of a framework agreement with the Swiss Transport Administration SBB, which was announced earlier, a decision is expected later in 2022. During this process, the court has approved that SBB can start execute on projects planned in the near future from the original frame agreement. Maven Wireless, together with its local partner Rhomberg Bahntechnik, has therefore signed an updated contract enabling us to deliver products for both near time carve out projects but also products for the entire frame agreement.

Maven Wireless has also carried out start-up meetings and project planning for carve out projects as well as product training for the end customer SBB.

“I am very pleased about the court's decision to let the end customer SBB begin its planned work from the original frame agreement, we interpret this as positive signals in the overall process. Furthermore, a confirmation of continous supprt from SBB towards us and Rhomberg for the future business within the bigger frame agreement. This new agreement enable us to start delivery of products immediately.” says Fredrik Ekström, CEO of Maven Wireless.

For more information, please contact:


Fredrik Ekström, CEO
+46-8-760 43 00
www.mavenwireless.com

About Maven Wireless


Maven Wireless provides groundbreaking solutions in wireless coverage all over the world.
We offer end-to-end digital solutions with outstanding performance. Our products contribute to public safety by ensuring wireless coverage for critical services, and are used in tunnels, on trains, metros, stadiums, buildings and more. We are passionate about making society and our customers’ and end users lives better, easier and safer by securing 100% wireless coverage. Maven Wireless is listed on Nasdaq First North Growth Market with the shortname MAVEN. FNCA Sweden AB is appointed as Certified Adviser and can be reached at info@fnca.se eller 08-528 003 99.
For additional information, please visit: www.mavenwireless.com

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Maven Wireless signs an updated contract for the SEK 213 million SBB frame agreement

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