Airgain Partners with Omantel to Boost 5G Connectivity in MENA Region

### Airgain and Omantel Forge Strategic Partnership to Enhance 5G Connectivity in MENA

Airgain, Inc. (NASDAQ: AIRG), a notable player in wireless connectivity solutions, partners with Omantel, the leading telecommunications provider in Oman, to enhance 5G connectivity across the Middle East and North Africa (MENA) region. This collaboration marks a significant step in addressing the unique challenges faced by telecom operators in maintaining high-performance networks, especially in urban areas and hard-to-reach locations where signal congestion is prevalent. By utilizing Airgain’s innovative Lighthouse smart network repeater, the partnership aims to amplify and extend 5G signals, ensuring reliable connectivity for both residential and commercial users.

The strategic alliance goes beyond conventional vendor-operator relationships, embracing joint research and development tailored to the specific connectivity needs of the MENA region. This approach promises to deliver scalable and energy-efficient solutions that tackle local challenges, thereby enhancing 5G performance across diverse environments. Talal Al Mamari, CEO of Omantel, underscores the partnership's potential to drive innovation in the telecommunications sector, asserting that Airgain's solutions will significantly bolster 5G capabilities and ensure comprehensive coverage.

Jacob Suen, President and CEO of Airgain, shares a similar vision, emphasizing the ambition to revolutionize network performance and capitalize on 5G revenue opportunities. This partnership is set to leverage cutting-edge technologies, reinforcing Omantel’s commitment to delivering transformative communication solutions while facilitating the deployment of high-speed internet. The collaboration is expected to play a crucial role in advancing the region's 5G landscape, ultimately contributing to improved connectivity and user experience throughout MENA.

In addition to this partnership, Airgain recently announced preliminary financial results for its fourth quarter ending December 31, 2024, projecting sales between $14.6 million and $15.6 million. Although increased inventory levels and delays in two IoT projects impact sales figures, the company anticipates positive adjusted EBITDA due to improved gross margins and reduced operating expenses. Airgain is optimistic about upcoming product launches in the latter half of 2025, which are expected to further drive growth across enterprise, consumer, and automotive markets.

As Airgain prepares for the complete financial results release on February 27, 2025, the company remains focused on addressing complex connectivity challenges and enhancing wireless signals. The partnership with Omantel represents a significant milestone in Airgain's mission to connect the world through optimized wireless solutions, reinforcing its position as a leader in the evolving telecommunications landscape.