AltX-listed Poynting Antennas, a company which designs, manufactures and sells cellular GSM and wireless data network product solutions, mini-GSM base stations, and defence and specialised antenna systems, has acquired Radiant Antennas.
The Defence and Specialised Division of Poynting services predominantly the ITU, SIGINT and EW antenna market whereas Radiant designs, manufactures and sells HF and V/UHF communication antennas and system solutions. Radiant also offers tactical mast solutions and some commercial products.
Managing director of Poynting Antennas, Juergen Dresel and general manager of Radiant Antennas, Graeme Davis had strategised and negotiated this deal for several months. “Both companies see significant strategic benefit in joining forces as the product lines will complement each other, yet the market which we serve is similar,” said Dresel.
Juergen Dresel (right), managing director of Poynting Antennas and Graeme Davis, general manager of Radiant Antennas.
Further, Dresel says, “We are very pleased to welcome Graeme Davis as part of our Poynting team moving forward. Graeme is very respected in the local antenna market and has managed to attract key accounts with well known overseas radio manufacturers”.
This is the second acquisition concluded by Poynting and is expected to help the company to further grow shareholder value. “Poynting’s share price just recently hit its highest value since its listing in 2008, which provides favourable conditions to look for further acquisitions for the various divisions in the Poynting group,” Dresel concluded.
Read more...Semiconductor sales increase 17% YoY
News
The Semiconductor Industry Association (SIA) recently announced global semiconductor sales were $54,9 billion during the month of February 2025, an increase of 17,1% compared to the February 2024 total.
Read more...Silicon Labs – Q1 results
News
Silicon Labs, a leading innovator in low-power wireless, recently reported financial results for the first quarter, which ended April 5, 2025.
Read more...Strengthening industry through strategic partnerships at KITE 2025 Specialised Exhibitions
News
The KwaZulu-Natal Industrial Technology Exhibition is not just an exhibition, it is a powerhouse of industry collaboration where visitors and exhibitors gain access to authoritative insights, technical expertise, and high-impact networking opportunities.
Read more...Solar Youth Project calls on industry to step up
News
With the second cohort completed training and the first cohort returning for their final module, host companies are urgently needed to turn the training into a long-term opportunity.
Read more...Zuchongzhi-3 sets new benchmark
News
This latest superconducting quantum computing prototype features 105 qubits and 182 couplers to operate at a speed 10¹5 times faster than the most powerful supercomputer currently available.
Read more...Automatic device attestation certificate for Panasonic
News
DigiCert recently announced it has partnered with Panasonic Industry Europe to integrate DigiCert Device Trust Manager with Panasonic’s PAN-MaX intelligent manufacturing service for seamless Matter certification of interoperable smart home devices.
Read more...From the editor's desk: Are we really being ripped off? Technews Publishing
News
To the surprise of many customers, installing solar panels does not always eliminate their utility bill – and in some cases, the power utility may impose additional charges on solar-powered homes.
printer friendly version