- 09 January, 2010 22:00
Global leader: Brent Robinson, CEO and MD
Core activity: Development and manufacture of frequency control solutions for GPS, telecommunications network timing/synchronisation and aerospace markets
Revenue: $140 million (FY09 ended March)
Key customers: Not disclosed
Employees: 800 worldwide (including part-time staff)
Rakon leads the development and manufacture of frequency control solutions, in the supply of crystal oscillators to the Global Positioning System (GPS), mobile communications and telecommunications markets. The company maintains a major share of the global GPS market.
With operations around the globe, Rakon is headquartered in New Zealand where it was founded by the Robinson family in 1967 and publicly listed in 2006.
Offering a diverse range of products from low-cost crystals, to high-performance, high-stability products, including what is thought to be the world’s smallest and most accurate GPS oscillator, Rakon anticipates its customers’ needs.
The company is expanding manufacturing operations in New Zealand and the UK, along with its high-volume manufacturing capability in China and India, and R&D expansion in France. New network technologies such as WiMAX/WiBro and LTE offer opportunities for Rakon, and the company is seeing strong demand for Emergency and Personal Locator Beacons in Europe.