Welcome to our dedicated page for Airgain news (Ticker: AIRG), a resource for investors and traders seeking the latest updates and insights on Airgain stock.
Airgain, Inc. (NASDAQ: AIRG) is a premier provider of embedded antenna technologies that enable high-performance wireless networking across various sectors, including home, enterprise, automotive, and industrial applications. Based in San Diego, California, with design and test centers in the UK and China, Airgain's innovative antenna systems are integral to devices deployed in carrier, enterprise, and residential wireless networks. These include set-top boxes, access points, routers, gateways, media adapters, digital televisions, and Internet of Things (IoT) devices.
Airgain partners with leading global brands, including original equipment and design manufacturers, chipset makers, and telecommunications operators. Their products span multiple sub-brands: Airgain Embedded, Airgain Integrated, and Airgain Antenna+. These products and solutions tackle complex radio frequency engineering challenges, ensuring high-speed throughput, broad coverage, and carrier-grade quality.
Recent achievements highlight Airgain's significant role in the wireless industry:
- Secured a multi-year, multi-million dollar design win with a Tier One multi-service operator (MSO) in North America, enabling the upgrade of customer premise equipment to Wi-Fi 7.
- Announced a distribution agreement with Techship, Inc., expanding the reach of NimbeLink® cellular modems globally.
- Reported financial results showing resilience and growth despite challenging economic conditions, with a notable increase in enterprise market sales.
- Launched the Lantern™ device, a high-performance 5G/LTE connectivity solution for fixed wireless access (FWA), recently certified by major mobile operators and regulatory bodies in North America.
Airgain's expertise in custom cellular and antenna system design, combined with its focus on high-growth technologies, positions it as a leader in simplifying the complexity of wireless connectivity. Their mission is to connect the world through optimized, integrated wireless solutions, making significant strides in enhancing signal performance and speeding time-to-market for diverse applications.
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Airgain, Inc. (AIRG) reported Q4 2023 sales of $10.1 million, ending the year with $56.0 million in sales. The company anticipates gradual growth in 2024 driven by market recoveries and product innovations. However, sales declined in all markets compared to the previous year.
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Airgain, Inc. secures a multi-year, multi-million dollar design win with a Tier One MSO in North America for Wi-Fi 7 customer premise equipment, boosting long-term revenue. The device is set to ship in the second half of 2024, enhancing performance and driving revenue growth.
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Airgain partners with Lenovo to offer customers the option of adding the AT6 Asset Tracker to servers for enhanced security and asset tracking. The AT6 device provides location monitoring, condition monitoring, and global connectivity features, empowering customers to track and recover lost assets. The program ensures customer privacy by maintaining data security and independent platform access.
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Airgain, Inc. (NASDAQ: AIRG) will host a conference call on March 6, 2024, to discuss its financial results for Q4 and full year 2023. The call will be available for replay on the company's website.
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Airgain, Inc. (AIRG) introduces Airgain Smart LanternTM, a cutting-edge hybrid beamforming smart fixed wireless access (FWA) technology at Mobile World Congress 2024. The technology aims to enhance the 5G customer experience, reduce installation costs, and improve signal reception. The device offers market-first features like hybrid beamforming technology, optimized installation, and flexible architecture, benefiting mobile network operators, telecommunication equipment manufacturers, and end-users.
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Airgain, Inc. (NASDAQ: AIRG) announces the launch of AirgainConnect™ Fleet, the industry's first low profile, roof-mounted 5G vehicle gateway, combining the latest 5G NR modem and a Wi-Fi 6 router all in one covert form factor. AC-Fleet is designed for rugged outdoor environmental use, with eSIM technology for carrier flexibility. It is easy to install, with streamlined software and remote cloud management, offering wide area cellular and local area Wi-Fi connectivity across multiple vertical markets.
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Airgain, Inc. (NASDAQ: AIRG) expands its market reach into Australia, New Zealand, and the Pacific Islands through a new distribution agreement with Logic Wireless, a specialist distributor of business-critical communication solutions. The partnership aims to meet the growing demand for 5G and critical communications in the region, with Airgain's diverse product portfolio enhancing Logic Wireless' offerings. This expansion aligns with Airgain's broader strategy to increase its global footprint.
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Airgain, Inc. (NASDAQ: AIRG) Grants Inducement Awards to New Executive Employee
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Airgain, Inc. (NASDAQ: AIRG) has secured a deal with a major Tier 1 Mobile Network Operator (MNO) in North America to supply its next generation antennas for indoor fixed wireless (FWA) deployment. The deal, worth several million dollars per year, reflects the consumer shift from traditional wired broadband to wireless, signaling a growing demand for wireless internet service. Airgain's focus on penetrating this market, investing in next generation WiFi 7 capabilities, and expertise in WiFi, 5G, and FWA positions the company well to support existing cable and fiber operators while taking advantage of the growth in wireless broadband.
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AIRG: Airgain, Inc. Reports Q3 2023 Financial Results, Sales at $13.7M, GAAP net loss of $1.9M. Provides Q4 2023 Financial Outlook. Conference call on November 9, 2023, at 5:00 PM Eastern Time.
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FAQ
What is the current stock price of Airgain (AIRG)?
The current stock price of Airgain (AIRG) is $6.99 as of December 20, 2024.
What is the market cap of Airgain (AIRG)?
The market cap of Airgain (AIRG) is approximately 79.0M.
What does Airgain, Inc. specialize in?
Airgain specializes in providing embedded antenna technologies that enable high-performance wireless networking across various sectors, including home, enterprise, automotive, and industrial applications.
Where is Airgain, Inc. headquartered?
Airgain is headquartered in San Diego, California, and has design and test centers in the UK and China.
Who are Airgain's partners?
Airgain partners with leading global brands, including original equipment and design manufacturers, chipset makers, and telecommunications operators.
What are some recent achievements of Airgain, Inc.?
Recent achievements include securing a multi-year, multi-million dollar design win with a Tier One MSO in North America, announcing a distribution agreement with Techship, Inc., and launching the Lantern™ 5G/LTE connectivity solution.
What is the mission of Airgain, Inc.?
Airgain's mission is to connect the world through optimized, integrated wireless solutions, simplifying the complexity of wireless connectivity and enhancing signal performance.
What is the Lantern™ device?
The Lantern™ device is a high-performance 5G/LTE connectivity solution for fixed wireless access (FWA), recently certified by major mobile operators and regulatory bodies in North America.
What are Airgain's main product lines?
Airgain's products are categorized into three sub-brands: Airgain Embedded (embedded modems, antennas, development kits), Airgain Integrated (off-the-shelf products like asset trackers and the AirgainConnect® platform), and Airgain Antenna+ (external antennas for fleet and IoT applications).
How does Airgain contribute to wireless technology?
Airgain contributes to wireless technology by providing innovative antenna systems that open new possibilities in wireless services, requiring high-speed throughput, broad coverage, and carrier-grade quality.
What markets does Airgain serve?
Airgain serves various markets, including home, enterprise, automotive, and industrial sectors, focusing on wireless networking and IoT applications.
How has Airgain performed financially recently?
Airgain has shown resilience and growth, with notable increases in enterprise market sales, despite challenging economic conditions. They continue to focus on launching new products and driving long-term value for stakeholders.
Airgain, Inc.
Nasdaq:AIRG
AIRG Rankings
AIRG Stock Data
78.96M
9.97M
12.34%
37.22%
1.34%
Communication Equipment
Radio & Tv Broadcasting & Communications Equipment
United States of America
SAN DIEGO