Option Secures €2M to Launch its CloudGate NXS Range in 5G
Option NV announced on May 29 that it had secured €2 million in funding from its main shareholders for the production of its new CloudGate NXS family. This new range, equipped with 5G connectivity, was showcased during a marketing event on June 11 and 12, 2026.
A Refocusing Strategy on IoT Gateways Bearing Fruit
Option confirms the acceleration of its core business over the first five months of 2026. Revenue generated by the CloudGate gateways doubled during this period compared to the same period in 2025, based solely on the existing range. This momentum is based on the strategic refocusing of the group announced previously: discontinuing secondary activities to concentrate on IoT gateways. The introduction of the CloudGate NXS range, presented on June 11 and 12, 2026, and incorporating 5G, is expected to amplify this trend in the second half of 2026.
Strengthened Partnerships in the United States and First Production Order
In the United States, distribution partner GetWireless is considering significantly expanding its agreement with Option. The American market, now predominantly 5G, had not previously generated significant volumes with the old CloudGate range, despite the presence of major clients like Verizon Wireless. Option is finalizing an initial order of 10,000 units of CloudGate NXS, representing an estimated revenue of about $5 million. Production will be partially located in the United States. The group intends to increase its commercial and industrial investments to leverage the potential of this new platform.
Other Development Avenues and Structural Cost Reduction
Beyond IoT gateways, Option continues to explore growth projects in two areas: Energy Management Systems (EMS), where the new CloudGate platform will serve as a central hub for data access and management, and defense, through the radio communications of the CloudGate NXS. In parallel, the group reaffirms its commitment to reducing administrative, historical, and central costs related to its status as a listed company, which are seen as disproportionate relative to the actual size of the business.
