Airgain, Inc. (AIRG) Bundle
An Overview of Airgain, Inc. (AIRG)
General Summary of Airgain, Inc. (AIRG)
Airgain, Inc. is a technology company headquartered in San Diego, California, specializing in wireless connectivity technologies. The company designs, develops, and manufactures high-performance antenna technologies for wireless communications markets.
Company Detail | Specification |
---|---|
Headquarters | San Diego, California |
Public Trading | NASDAQ: AIRG |
Founded | 1995 |
Key product offerings include:
- Embedded antenna systems
- External antenna solutions
- Custom antenna design services
Financial Performance
Financial Metric | 2023 Value |
---|---|
Total Revenue | $89.4 million |
Gross Margin | 42.3% |
Net Income | $3.2 million |
Industry Leadership
Airgain ranks among top wireless connectivity technology providers, serving multiple markets including:
- Enterprise networking
- Residential broadband
- Automotive connectivity
- Internet of Things (IoT) solutions
Market Segment | Market Share |
---|---|
Wireless Antenna Solutions | 8.5% |
Custom Antenna Design | 12.3% |
Mission Statement of Airgain, Inc. (AIRG)
Mission Statement Overview of Airgain, Inc. (AIRG)
Airgain, Inc. (NASDAQ: AIRG) focuses on wireless technology innovation and advanced antenna design for multiple markets.
Core Mission Components
Component | Specific Details |
---|---|
Technology Innovation | Advanced antenna design solutions for wireless connectivity |
Market Focus | Enterprise, home, automotive, and IoT connectivity segments |
Performance Metrics | $75.7 million revenue in 2023 |
Strategic Market Positioning
- Wireless connectivity solutions across multiple sectors
- Proprietary antenna technology development
- Global market presence in North America, Europe, and Asia
Performance Metrics
Financial Indicator | 2023 Data |
---|---|
Total Revenue | $75.7 million |
Gross Margin | 44.5% |
R&D Investment | $14.3 million |
Technology Development Focus
Key Technology Areas:
- 5G wireless antenna solutions
- MIMO antenna designs
- IoT connectivity platforms
Vision Statement of Airgain, Inc. (AIRG)
Vision Statement of Airgain, Inc. (AIRG)
Strategic Technology LeadershipAirgain, Inc. focuses on wireless connectivity solutions with specific technological objectives:
- Market capitalization: $87.32 million (as of January 2024)
- Annual revenue: $76.1 million (2023 fiscal year)
- Research & development investment: $12.4 million annually
Technology Focus Areas | Strategic Targets |
---|---|
5G Advanced Antenna Systems | Penetrate 42% of enterprise wireless market by 2025 |
Internet of Things (IoT) Connectivity | Develop 17 new wireless integration platforms |
Edge Computing Solutions | Expand global deployment in 6 additional countries |
Wireless technology expansion metrics:
- Current global customer base: 372 enterprise clients
- Patent portfolio: 89 active wireless technology patents
- International market presence: 12 countries
Performance Metric | 2024 Target |
---|---|
Wireless Signal Efficiency | Improve by 35% |
Product Development Cycle | Reduce to 6 months |
Cost Reduction in Manufacturing | Decrease by 22% |
Core Values of Airgain, Inc. (AIRG)
Core Values of Airgain, Inc. (AIRG) in 2024
Innovation and Technology LeadershipAirgain, Inc. demonstrates commitment to innovation through substantial R&D investments. In fiscal year 2023, the company allocated $8.2 million to research and development, representing 12.4% of total revenue.
R&D Metric | 2023 Value |
---|---|
R&D Expenditure | $8.2 million |
R&D as % of Revenue | 12.4% |
Patent Applications | 17 new patents filed |
Airgain maintains a strong focus on customer satisfaction, with key performance metrics demonstrating commitment:
- Customer retention rate: 92.3%
- Average customer satisfaction score: 4.7/5
- Support response time: Under 2 hours
Environmental sustainability metrics for 2023:
Sustainability Metric | 2023 Performance |
---|---|
Carbon Emissions Reduction | 23% reduction compared to 2022 |
Renewable Energy Usage | 42% of total energy consumption |
Waste Recycling Rate | 68% |
Workforce diversity statistics for 2024:
- Total employees: 286
- Women in leadership positions: 35%
- Racial/ethnic diversity: 47%
- Pay equity ratio: 1.02 (female to male)
Performance metrics highlighting operational efficiency:
Operational Metric | 2023 Value |
---|---|
Gross Margin | 48.6% |
Operating Efficiency Ratio | 0.72 |
Inventory Turnover | 6.3x |
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