Rakon bids for satellite contracts as it ramps up production for two new customers

Rakon parts were onboard when the European Space Agency’s mission to observe Jupiter and its moons for signs of life launched in April. (Image: ESA/M. Pédoussaut)

Rebecca Stevenson

Tue, 03 Dec 2024

Rakon says it is bidding for up to ten satellite constellation supply contracts as it ramps up production for two contracts it already won this year. The New Zealand Exchange-listed (NZX) high-tech company is shifting production of some products to its new facility in India and chief executive officer Sinan Altug said its manufacturing footprint gives Rakon a competitive advantage. Rakon also has facilities in France and Auckland. It manufactures products that provide the “electronic heartbeat for thousands of systems aroun...

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