Rakon Targets Satellite Market Expansion

Rakon Limited (NZX: RAK) is actively bidding for up to 10 satellite constellation supply contracts while scaling production for two contracts secured earlier this year. The high-tech company, known for its advanced frequency control products, is shifting some production to its newly established facility in India to optimize efficiency.

According to CEO Sinan Altug, Rakon’s global manufacturing footprint—including facilities in France and Auckland—provides a strategic advantage in meeting growing demand. Its products are vital components, acting as the "electronic heartbeat" for numerous systems worldwide. This expansion highlights Rakon's focus on leveraging innovation and infrastructure to capture opportunities in the booming satellite market. At the time of writing, Rakon remains poised for further growth within the global space technology sector.

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