A world leader in advanced timing solutions for 50+ years
- Investors
- Investor Centre
Welcome to Rakon
We solve difficult timing and synchronisation problems for some of the world’s largest companies by providing the vital frequency/ timing references needed in much of today’s communication and positioning technologies.
Serving the multitrillion dollar telecommunications, positioning and space & defence industries, our expertise lies in the design and manufacturing of next generation solutions which require the highest levels of accuracy.
Rakon products are at the heart of a wide range of systems and devices, such as 5G networks, emergency beacons and satellites. Our technology will enable applications in the near future like remote medical procedures, autonomous transport and more.
Who we are
Cutting edge technology
We’re enabling the lightning speed of 5G networks, precision positioning for autonomous vehicles and synchronisation for cloud computing. We're even helping to determine the precise orbits for satellites. Our products are at the heart of much of today’s communications and positioning technology.
Strong customer focus
Our success is based on our ability to understand precisely where our long-term customers and ecosystem partners are going and developing solutions that enable them to get there. We’ve been doing it for the last 50+ years. Our trusted brand is why we are a preferred supplier to universal household names.
Prepared for change
In technology industries like ours, change is the only constant. A combination of technology leadership, a broad product portfolio servicing several growth markets, and an agile global manufacturing platform provides the necessary stability and allows us to more easily adapt to change and maintain growth.
Share Price
Rakon is listed on the New Zealand Stock Exchange (NZX) with the ticker symbol ‘RAK’.
Price
|
NZD
|
High
|
NZD
|
Low
|
NZD
|
Volume
|
|
Change
|
|
Market Cap.
|
NZD
|
52 Week Range
|
/ NZD
|
Investor news
NZX Announcements: for a full list of Rakon Limited NZX announcements, please visit the Rakon announcements page on the NZX website.
Rakon appoints interim CFO and new executive position
Rakon is pleased to announce the appointment of Mark Dunwoodie as its interim Chief Financial Officer (CFO), with effect from 26 August 2024. Rakon’s...
26 August 2024
Rakon announces game-changing radiation-hardened ASIC for Space oscillators
Rakon is proud to announce its new MercuryR™ Application-Specific Integrated Circuit (ASIC), specifically designed in-house to withstand the harsh...
1 August 2024
Keep up to date with all Rakon Investor News
Sign up for our investor email alerts, and get all important Rakon investor updates straight to your inbox!
Meet our Board of Directors
Lorraine Witten
Chair and Independent Director
Appointed to the Board on 10 March 2017 and last elected at the 2020 annual meeting. Appointed as Chair on 1 April 2022.
Lorraine is a professional director with extensive experience in technology and Information Communications Technology (ICT) sectors, as well as competence in strategy and entrepreneurship. She is a Chartered Fellow of the New Zealand Institute of Directors and has more than 25 years of experience in senior management and finance roles, including as past General Manager of Telecom Mobile from 1997 to 2001.
Lorraine is a director of Move Logistics Group Limited and Mercury NZ Limited. She is also Chair of Simply Security Limited, a company she founded in 2007, and Chair of vWork Limited. Lorraine is a past Chair of Kordia Group Limited and a past board member of New Zealand Trade & Enterprise, among others. She is a member of Chartered Accountants Australia and New Zealand (CAANZ).
Lorraine holds a Bachelor of Management Studies with First Class Honours from the University of Waikato.
Keith Watson
Independent Director
Appointed to the Board on 21 September 2018 and last elected at the 2022 annual meeting.
Keith is a professional director with substantial experience in the technology and engineering sectors. He is a Chartered Member of the Institute of Directors in New Zealand and has over 30 years of experience in senior VP and executive roles, including positions with Hewlett Packard in North America, Asia and New Zealand. He was Managing Director of Hewlett Packard, New Zealand from 2004 to 2016. Keith has governance, management and leadership experience in companies across the Asia Pacific region, the Americas, Central Europe, the UK, Australia and New Zealand.
He has previously chaired Opus International Consultants Limited and is a past board member of the New Zealand Technology Industry Association (NZTech) and the University of Auckland Business School.
Keith is currently Chair of the New Zealand Institute of Economic Research (NZIER), and a director of Acumen Trust Limited, Acumen New Zealand Limited, Counties Power Limited and ECL Group Limited.
Mark Bregman
Independent Director
Appointed to the Board on 1 November 2024. Mark will put himself forward for election at the 2025 annual meeting.
Mark is a professional director with over 35 years of experience in leading and innovating in global businesses. A recognised leader in the global tech industry, Mark has held executive and board roles in some of the world’s most renowned technology companies, including IBM, Veritas, Symantec, NetApp, and ShoreTel, among others.
Mark is a board member of Marama Labs and previous Chair and a board member of fellow New Zealand based companies Arcanum AI and Litmaps. He is Chair with Vistage Australia and New Zealand and a General Partner at Quidnet Ventures, a seed stage venture capital firm that focuses on investing in and supporting NZ tech. A member of the board for the Bay Area Science and Innovation Consortium (BASIC) since 2004, including five years as Chair, Mr Bregman is also a Physical Sciences Investment Committee Member for Return On Science, a national research commercialisation programme hosted by Auckland University's UniServices.
Mark holds an M.A and Ph.D. from Columbia University, is an Edmund Hilary Fellow and is a Member of the New Zealand Institute of Directors. He has owned property in New Zealand since 1999 and moved here full-time in 2023.
Brent Robinson
Executive Director
Appointed to the Board on 5 November 1991 and last elected at the 2022 annual meeting.
Brent's 43 years at Rakon include almost 36 years as Managing Director /CEO, from 1986 until March 2022, during which time Rakon established global operations and markets. In his capacity as Chief Technology Officer, Brent drives the business' technology and innovation. Under Brent’s leadership, Rakon grew into a global business and a recognised leader in the frequency control product industry.
Brent is an Honorary Fellow of the Institution of Professional Engineers New Zealand. He was awarded the New Zealand Hi-Tech Trust Flying Kiwi Award in 2011. Brent is a director of Quantifi Photonics Limited
Jung Meng (JM) Tseng
Non-independent Director
Appointed to the Board on 13 July 2023 and elected at the 2023 annual meeting.
Jung Meng (JM) is the president of Siward Crystal Technology Co. Limited (Siward), a substantial shareholder (12.19%) in Rakon. An experienced business leader with over 45 years in the frequency control product industry, JM has helped grow Siward to become a global leader with revenue of US$100+ million.
JM is a director of Securitag Assembly Group Limited, Apex Optech Co., Limited and Siward subsidiaries. He holds an EMBA from Feng Chia University in Taiwan.
Our key markets continue to provide excellent opportunities for growth
Telecommunications
Cellular network infrastructure expenditure will continue to be strong on the back of increased 5G network roll-outs worldwide. In parallel, Private LTE and 5G networks for enterprise and industrial automation and the synchronisation of cloud computing will provide new market opportunities over an extended period.
Positioning
From rescue beacons to off-road autonomous vehicles, Rakon is excelling in areas that require high accuracy, and where safety and life criticality is typically associated. Rakon’s advanced GNSS products are a perfect fit where extremely accurate and reliable positioning technology is required in rugged environments.