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Arbe Tier-1 Sensrad Signs Framework Agreement with Tianyi Transportation Technology
Sep 04, 2024•almost 2 years ago
Contract Type
agreement
Description
Sensrad, a tier-1 company of Arbe Robotics Ltd., has signed a framework agreement to provide 4D Imaging Radars powered by Arbe's chipset to China-based Tianyi Transportation Technology. Valued at 7M Euros, deliveries are expected to begin in the third quarter of 2024.
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Agreement Insights
Based on industry dataContract momentum indicator
Companies with recent agreements are 2.3x more likely to make additional purchases within 6 months