Rakon seeks satellite ‘springboard’ out of core revenue decline
Timing control manufacturer can’t pivot quickly enough to space and AI uses after sinking to $5.8m loss.
Rakon's Auckland headquarters.
In asserting that FY26 will be Rakon’s “springboard year”, the company’s CEO Sinan Altug has sought to dive clear of two years of declining revenue and profit, including what he’s described as “one of the most demanding years on record” in FY25.
The NZX-listed oscillator maker reported
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