KYMATI radar sensor technology integrates standard chipsets for signal generation (61 GHz) on a proprietary scalable electronic sensor product platform with (embedded) software analytics for unprecedented measurement accuracy. Software solutions based on this enable a wide range of applications. Product architecture, embedded software and application know-how manifest the robust technology/market development lead that can be defended in the long term.

The growing international system integrator partner network in industrial automation is already recording significant repeat order values. In 2023, “lighthouse projects” set market standards: the superior system performance of the sensor technology convinced Europe's largest container terminal to order a radar-based position measurement and anti-collision system worth several million euros (Product-Market Fit). In 3D landing location, the application feasibility has been proven with prototype installations in various cooperations with commercial and defense partners such as Airbus, KNDS and Vestas (e.g. supply of spare parts for wind turbines with drones). Today, automated drone landing systems with radar sensors are about to enter the market.

With a December 2023 order backlog of €2.7m, the monthly cash break-even can be achieved by the end of 2024. In order to accelerate profitable growth, we see a financing requirement of €2m -3m equity. In this way, we are strengthening sales, business development and technology development in order to pursue existing and new mass markets.

The radar sensors are manufactured by electronics manufacturing partners in scalable quantities based on best practice gross margins using an extended workbench. With an experienced management and a fully staffed team, the company is well positioned to continue scaling (growth phase) in 2024.