Rakon pushes deeper into space with second low-orbit satellite contract win

Rakon pushes deeper into space with second low-orbit satellite contract win
Rakon chief executive Sinan Altug says the firm is now a top three global supplier for space subsystems. (Image: Rakon)
Rebecca Stevenson
Advanced parts manufacturer Rakon has signed its second contract to supply parts for a new low-Earth-orbit satellite constellation. On Thursday morning, Rakon said it would supply its Master Reference Oscillator (MRO) subsystems to an as-yet-unnamed customer. It didn’t say how much the contract was worth. Rakon recently released several new products for its space product range, including new Global Navigation Satellite System (GNSS) receivers, MROs, and ultra-stable oscillators. It said it was also preparing to launch a new...

More Markets

NZME chief financial officer David Mackrell resigns, to join Sky TV
Markets

NZME chief financial officer David Mackrell resigns, to join Sky TV

NZME is losing one of its long-established executives as he switches to the top table at Sky Television.NZME chief financial officer David Mackrell has resigned and will join Sky as its new chief financial officer in January, the two publicly listed companies have revealed in sep...

Your mid-year investment health check
Markets

Simon Robertson: Your mid-year investment health check

What should you really be looking for from your fundie? 

Simon Robertson 05 Jul 2025
Tourism Holdings stalls as NZ sharemarket ends week on high
Markets Market Close

Tourism Holdings stalls as NZ sharemarket ends week on high

The NZ sharemarket bounced back as large-cap stocks balanced gains and losses.

Tom Raynel 04 Jul 2025