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.
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.
Rakon is listed on the New Zealand Stock Exchange (NZX) with the ticker symbol ‘RAK’.
52 Week Range
Rakon HY24 Announcement, Interim Report and Presentation
We are pleased to advise that Rakon (NZX: RAK) released its financial results for the six months ended 30 September 2023 (HY24) on Thursday, 23...
23 November 2023
Rakon introduces AI computing product portfolio with next-generation Ultra Stable TCXO platform launch
New platform’s first products offer best-in-class ultra-low jitter of less than 50 femtoseconds @80 MHz. Rakon today launched Niku™, a new in-house...
31 October 2023
Rakon pleased to welcome Drew Davies as new CFO
We are pleased to announce that Drew Davies has joined Rakon as our new Chief Financial Officer (CFO) effective from today, 24 October 2023. Drew...
24 October 2023
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Meet our Board of Directors
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.
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
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.
Appointed to the Board on 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 AoFrio Limited (previously known as Wellington Drive Technologies Limited).
Keith holds a Bachelor of Engineering (Electrical) with First Class Honours from the University of Auckland.
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.
Appointed to the Board on 1 October 2021 and last elected at the 2022 annual meeting.
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 and 5th Element Limited. 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 of 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 the University of Waikato and has attended the Executive Management Program at Darden University in the USA.
Appointed to the Board on 25 January 2022 and last elected at the 2022 annual meeting.
Sinead is a professional director with significant experience in finance, strategy development, risk management and mergers and acquisitions.
She is a director and Chair of the Audit and Risk Committees of FMG (Farmers Mutual Group), Bank of China (NZ) Limited, Leighs Construction and Leighs Holdings Limited and waste and recycling company EcoCentral Limited. She is also a trustee and Chair of the Audit and Risk Committee of healthcare charity Maia Health Foundation, Chair of Assistance Dogs New Zealand Trust, and advises to various businesses. She is 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.
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 Master's 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
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.
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.