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A world leader in advanced timing solutions for 50+ years

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.

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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’.

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Investor news

NZX Announcements: for a full list of Rakon Limited NZX announcements, please visit the Rakon announcements page on the NZX website.

Rakon (RAK) FY22 Results Announcement - 26 May

Rakon (RAK) FY22 Results Announcement - 26 May

Rakon will announce its results for the year ended 31 March 2022 on 26 May 2022. The Results Announcement will be followed by the FY2022 Financial...

10 May 2022

Q&A with Rakon CEO Sinan Altug – Sharesies webinar recording

Q&A with Rakon CEO Sinan Altug – Sharesies webinar recording

Our new CEO Sinan Altug spoke with BusinessDesk’s Investments Editor Frances Cook today.

7 April 2022

Investor news

NZX spotlight video

In the latest NZX Spotlight video, our new CEO Sinan Altug joins with CTO Brent Robinson and CFO Anand Rambhai to talk about the business. Find out...

4 April 2022

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 Non-Executive Director

Appointed to Board in 10 March 2017 and last elected at 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’ experience in senior management and finance roles, including as past General Manager of Telecom Mobile from 1997 to 2001.

Lorraine is a director of TIL Logistics Group Limited, Horizon Energy Group and Pushpay Holdings 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.

Brent Robinson

Executive Director

Appointed to Board 5 November 1991 and last elected at 2019 annual meeting.

Brent's 42 years at Rakon include 35 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 has grown 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.

Yin Tang Tseng

Non-Executive Director

Appointed to Board 10 March 2017 and last elected at the 2020 annual meeting.

Yin Tang (Tony) is the current Chair of Siward Crystal Technology Co. Limited, a substantial shareholder (16.6%) in Rakon.

Tony has more than 30 years of experience in the frequency control product industry, having founded Siward in 1988 and grown the company to become one of the leaders in the industry globally, with revenue of US$100+ million.

Tony is a director of Securitag Assembly Group Limited.

Keith Oliver

Non-Executive Director

Appointed to Board 10 March 2017 and last elected at the 2020 annual meeting.

Keith is a professional director and a business advisor with Alto Capital, where he is also a director. He is a past director of a range of NZ technology companies operating in international markets in Asia, Europe and the Americas, several of which he has been a founder and investor in.

Keith is currently Executive Chair of Blackhawk Tracking Systems Limited, and a director of Wellington Drive Technologies Limited.

Keith holds a Bachelor of Engineering (Electrical) with First Class Honours from the University of Auckland.

Keith Watson

Non-Executive Director

Appointed to Board 21 September 2018 and last elected at 2019 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’ 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 Republic Limited, Counties Power Limited, ECL Group Limited and Complete 3D.

Steve Tucker

Non-Executive Director

Appointed to Board 1 October 2021.

Steve is a professional director with extensive governance and senior executive experience in the technology sector. Steve is Chair of Gallagher Holdings Limited and Goodnature Limited, and a director of HJ Asmuss and Co Ltd, Taska Prosthetics Limited, 5th Element Limited and Purpose Capital Impact Fund. He is also Chair of Primary Growth Partnership Caprine Innovations NZ Programme.

He was previously a director of publicly listed Methven Limited, a councillor of Waikato Institute of Technology and trustee of St Peter’s School, Cambridge. Steve has over 20 years’ senior management experience including as Deputy Chief Executive at Gallagher.

Steve is a Chartered Member of the Institute of Directors in New Zealand and a Fellow of the Institute of Chartered Accountants. He has a Bachelor of Management Studies from University of Waikato and has attended the Executive Management Program at Darden University in the USA.

Sinead Horgan

Non-Executive Director

Appointed to the Board 25 January 2022.

Sinead is a business consultant and professional director with significant experience in financial analysis, strategy development, risk management and mergers and acquisitions.

Sinead is a director and Chair of the Audit and Risk Committees of FMG (Farmers Mutual Group), Bank of China (NZ) Limited and the waste and recycling company EcoCentral Limited. She is also a Director of Taggart Earthmoving Limited, a trustee and Chair of the Audit and Risk Committee of the healthcare charity Maia Health Foundation, Chair of Assistance Dogs New Zealand Trust, Advisory Chair of FuseIT and a co-owner and director of business consultancy Morrison Horgan.

Sinead has held senior roles in accounting, private equity and commercial banking in PwC, Accenture, ANZ and BNZ across Europe, the Americas, Asia, Australia, and New Zealand and governance roles with Apollo Projects and Allenvale School.

She is a Chartered Member of the New Zealand Institute of Directors and a Fellow of the Institute of Chartered Accountants Ireland and holds a Masters of Accounting from UCD Smurfit Graduate School in Ireland and a Bachelor of Commerce from University College Dublin.

Our key markets continue to provide excellent opportunities for growth

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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.

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Space & Defence

The commercialisation of the Space sector called ‘NewSpace’ is the fastest growing sector of an industry that is expected to triple within this decade. Rakon is well positioned in this market with a line of dedicated OCXO, VCXO and XO products.

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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.

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Reports, Presentations & Events

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Corporate Governance

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Investor News

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Analyst Coverage

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Investor Contact