Beam me up, Scotty: Rakon plans to focus on the space market

Rakon CEO Dr Sinan Altug wants to do more business with Rocket Lab. (Image: Rakon)

Wed, 16 Aug 2023

Tech company Rakon might be aiming for the stars, but its vexed shareholders want to bring the company back to earth.At the firm’s annual meeting on Wednesday, Rakon’s board was peppered with shareholder questions ranging from concern about audit fees to how business was growing internationally.Chair Lorraine Witten told shareholders there was “no doubt” the company had a challenging year ahead.Rakon designs and manufactures high-precision components and devices that generate and control frequencies. Industries...

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