USD10 Million Investment in Rakon a Potential Game-changer
20 December 2016
Taiwanese company Siward Crystal Technology Company Limited (“Siward”) is to invest USD10 million in NZX-listed Rakon Limited (“Rakon”), a transaction Rakon Managing Director Brent Robinson says could be a game-changer for both companies.
Siward, which is listed on the Taiwan Stock Exchange (TWSE), will purchase 38 million new fully paid ordinary Rakon shares at a price of around NZD0.37 per share, giving it an after placement stake of 16.6 percent in the Auckland-headquartered global technology company.
HTV6 Countdown to Launch with Rakon Space Oscillators Inside
6 December 2016
As the clock counts down to the launch of the Japan Aerospace Exploration Agency’s (JAXA) sixth H-II Transfer Vehicle (HTV), Rakon is proud to continue its long involvement with the space industry. Due to launch this Friday, the HTV6 also known as ‘Kounotori6', will set off on its mission to deliver supplies to the International Space Station (ISS). Rakon’s space oscillators are in the latest JAXA H-II Transfer Vehicle.
RAK HY2017 Preliminary Result Announcement & Investor Presentation
Rakon Limited (RAK) released its preliminary result announcement for the half year ended 30 September 2016 to the market at around 9.00am on Thursday 17 November 2016. This was followed by a presentation by management at 11.00am by teleconference.
The Results Announcement and Investor Presentation are available here:
Download HY17 Rakon Investor Presentation
Rakon Ultra Stable Oscillator on Jason-3 Satellite Helps Deliver Critical Scientific Oceanography Data for Scientists
1 November 2016
As the Jason-3 satellite services switch over from Jason-2 delivering significant ocean circulation and climate change information, global technology company Rakon has been following its journey with interest. The satellite was launched in January this year and contains Rakon’s USO (Ultra Stable Oscillator).
Jason-3 is the fourth mission in a series of satellite missions which measure the height of the ocean’s surface. It continues the two decades of ocean surface topography measurements begun by the TOPEX/Poseidon satellite mission in 1992 and the Jason-1 mission, (launched in 2001) and the currently operating OSTM and Jason-2 missions.