GIGA TRONICS
Giga-tronics is a US public company that designs and manufactures microwave and RF signal generation, threat emulation, and power measurement instruments, serving defense primes and government agencies in electronic warfare and radar test applications.
- Company typePublic
- Founded1980
- HeadquartersSan Ramon, United States
- Headcount51–100
- GTM typeB2B
- OfferingHardware or Manufacturing
What GIGA TRONICS does
Giga-tronics Incorporated is a publicly traded (OTCQB: GIGA) designer and manufacturer of microwave and radio frequency signal generation, threat emulation, and power measurement instruments, headquartered in San Jose, California. Founded in 1980, the company operates through two divisions: the Giga-tronics Division, which builds the AXIe-based Advanced Signal Generation and Analysis (ASGA) platform including the ASGM18A signal generator (100 MHz to 18 GHz), ASAM18A analyzer (500 MHz to 18 GHz), SRM100A reference module, system chassis, the Real-Time Threat Emulation System (TEmS), and the COMPASS multi-channel capture and playback solution; and the wholly-owned Microsource subsidiary, which produces YIG-tuned oscillators, RADAR filters, and microwave integrated components for military defense applications.
The ASGA/TEmS/COMPASS stack enables bench-top, COTS-based emulation of dense EW threat environments with multi-channel phase coherence, replacing or supplementing expensive open-air range testing for defense system developers. Customers are predominantly U.S. defense primes and government agencies (Boeing, U.S. Navy, U.S. DoD) procuring through direct enterprise sales, authorized U.S. representatives, and international distributors. Revenue is generated primarily from hardware sales, supplemented by extended warranty and calibration services; pricing is quote-based with no published list. Reported revenue grew from approximately $18M in FY2020 to $37.8M in FY2023, though EBITDA remained negative throughout, and capital has been raised through repeated small-to-mid equity rounds since 2013, including a $1.5M placement via ROTH Capital Partners in April 2021.
GIGA TRONICS firmographics
Firmographics- Name
- GIGA TRONICS
- Legal name
- Giga-tronics Incorporated
- Website
- https://gigatronics.com
- Company type
- Public
- Founded year
- 1980
- Operating status
- Operating
- Headcount range
- 51–100 employees
- Short description
- Giga-tronics is a US public company that designs and manufactures microwave and RF signal generation, threat emulation, and power measurement instruments, serving defense primes and government agencies in electronic warfare and radar test applications.
- Ownership category
- akta.pro rank
GIGA TRONICS industry classification
Industry- Product category
- Electronic Warfare Test Equipment
- NAICS
- Instrument Manufacturing for Measuring and Testing Electricity and Electrical Signals (334515), Search, Detection, Navigation, Guidance, Aeronautical, and Nautical System and Instrument Manufacturing (334511)
- SIC
- Instruments For Meas & Testing Of Electricity & Elec Signals (3825), Industrial Instruments For Measurement, Display, And Control (3823)
- akta.pro primary industry
- Test & Measurement Equipment (Oscilloscopes, DAQ, signal analyzers, calibration benches) (IMAGAFAC)
- akta.pro secondary industry
- Guidance, Navigation & Control (GNC) Electronics for Weapons (IMABAGAH)
Keywords
Where GIGA TRONICS is headquartered
LocationHeadquarters
- HQ city
- San Ramon
- HQ country
- United States
- HQ region
- North America
Offices2 records
Markets served
GIGA TRONICS business model
Business model- GTM type
- B2B
- Offering type
- Hardware or Manufacturing
- Cost components
- Personnel, Supply Chain, Technology or R&D, Operations, Marketing or Sales
Revenue model
- RADAR/EW Test Solutions: Sale of sophisticated RADAR and Electronic Warfare test products including Advanced Signal Generation and Analysis systems, Real-Time Threat Emulation Systems, and multi-channel capture/playback solutions. This is the growth engine of the business.
- Microwave Components and RADAR Filters: Custom microwave products including YIG (Yttrium, Iron, Garnet) tuned oscillators, RADAR filters, and microwave synthesizers for use in military defense applications. Microsource division generates $7-9 million annually from this stream.
- Professional Services: Extended warranty, service and calibration services provided for test equipment. Extended warranty can only be purchased at time of ordering or within 30 days after ship date.
Pricing tiers
| Model | Billing | Price |
|---|---|---|
| Other | Multi-year contract | Standard Product Warranty - 1 year coverage |
Go-to-market motion2 records
Distribution channels3 records
Marketing channels5 records
GIGA TRONICS product offering
Product offeringCore offering
Giga-tronics designs and manufactures modular AXIe-based microwave and radio frequency test and measurement instruments—including advanced signal generators, signal analyzers, system reference modules, multi-channel capture/playback systems, and a real-time threat emulation system—for electronic warfare and radar test applications. Its wholly-owned Microsource division additionally produces custom YIG tuned oscillators, RADAR filters, and microwave components for military defense use.
Product overview
Giga-tronics is a technology company providing test and measurement equipment primarily for electronic warfare and radar applications. The company operates through two divisions: the Giga-tronics Division offering RADAR/EW Testing Solutions based on the Advanced Signal Generation and Analysis (ASGA) platform, and the Microsource Division providing custom microwave products including YIG oscillators, RADAR filters, and microwave integrated components. The ASGA platform is a modular, AXIe-based architecture consisting of the ASGM18A Advanced Signal Generator Module (100 MHz to 18 GHz), ASAM18A Advanced Signal Analyzer Module (500 MHz to 18 GHz), SRM100A System Reference Module, and AxIe System Chassis supporting 2 or 4 channel configurations. The product portfolio also includes the Real-Time Threat Emulation System (TEmS) for bench-top threat simulation, the COMPASS multi-channel capture and playback solution, and the legacy 2500B Series Microwave Signal Generators (end-of-life). The company has been in business for over 40 years and serves defense and military applications.
Differentiator
Problem solved
Functional benefit
Brands
- Microsource: Wholly-owned subsidiary producing YIG (Yttrium, Iron, Garnet) tuned oscillators, RADAR filters, and microwave components for military defense applications.
- ASGA
- TEmS
- COMPASS
Products and services
- Advanced Signal Generator Module (ASGM18A) AXIe Advanced Signal Generator covering 100 MHz to 18 GHz for radar and electronic warfare simulation and testing. Designed for use in modern simulation systems with shared reference clock for improved channel-to-channel phase stability.
- Advanced Signal Analyzer Module (ASAM18A) AXIe Advanced Signal Analyzer covering 500 MHz to 18 GHz, part of the ASGA platform for signal capture and analysis in radar and electronic warfare test applications.
- Advanced Signal Control Software Suite Control software for the Advanced Signal Generation and Analysis system enabling configuration and operation of signal generation and analysis modules.
- Advanced System Reference Module (SRM100A) AXIe System Reference Module providing 10 MHz, 100 MHz and 1200 MHz reference signals with provision to accept an external clock, allowing one reference to drive multiple chassis for synchronized multi-channel operation.
- AxIe System Chassis (CHSIS2A/CHSIS4A) AXIe system chassis available in 2-channel and 4-channel configurations for housing signal generator and analyzer modules in the modular ASGA platform.
- Real-Time Threat Emulation System (TEmS) COTS-based bench-top emulation system using modular AXIe architecture for electronic warfare and radar threat emulation. Allows engineers to emulate real-world environments from bench, chamber, and hangar settings to identify design issues before mission day.
- COMPASS Multi-Channel RF Capture and Playback Coherent multi-channel RF capture and playback solution for military electronics applications, based on the ASGA platform. Covers 500 MHz to 18.0 GHz with up to 1 GHz instantaneous bandwidth, up to 4 coherent RF channels, and up to 64 TB storage capacity. Available in rack-mounted or rugged transit case configurations.
- 2500B Series Microwave Signal Generators Microwave signal generator series (models 2502B, 2504B, 2520B, 2526B, 2540B, 2550B) for high-performance signal generation. Replacement models cannot be ordered after March 15, 2022 (End-of-Life).
Quantifiable outcome
- 15% revenue growth in Q1 FY2020 vs Q1 FY2019 ($3.5M vs $3.1M)
- +3 more outcomes
Companies that use GIGA TRONICS
Customer profileNamed customers3 records
Segments2 records
Ideal customer profiles3 records
GIGA TRONICS technology and API
TechnologyTechnology focussed Yes
API detail
- Has API
- No
- API docs
- API detail
Core technology
AI maturity
App detail
Integration2 records
Feature6 records
GIGA TRONICS partnerships and signals
Strategic signalPartnerships
One partnership is on record.
- Boeing CompanycoreMajor defense prime contractor and customer ordering high performance RADAR filters for airborne military applications. Received orders totaling $2.9 million from Boeing for custom microwave products used in defense applications. Boeing represents a significant customer relationship for the company's Microsource division.
Scale indicators7 records
Recent moves6 records
Expansion highlights5 records
GIGA TRONICS competitors and assessment
Company assessmentDirect peers
- Anritsu: Anritsu provides RF/microwave signal generators and analyzers widely used in defense and aerospace EW/Radar test programs. Overlaps with Giga-tronics' 2500B series legacy microwave signal generators and competes for similar defense prime and government test budgets.
- National Instruments (NI): NI is a co-architect of the AXIe modular instrumentation standard and a direct competitor to Giga-tronics' AXIe-based ASGA platform. Both companies target modular, multi-channel PXI/AXIe configurations for RF test in defense applications, making NI one of the closest direct peers in technology and customer base.
- Viavi Solutions: Viavi offers RF/microwave test and measurement solutions with defense and aerospace exposure, including signal generation and analysis products. Comparable in serving EW and Radar test applications with similar customer profile to Giga-tronics.
Regional players
- LitePoint: LitePoint, a Teradyne subsidiary, focuses on wireless connectivity and RF test with strong commercial wireless exposure but limited overlap with the defense/EW niche Giga-tronics serves. Comparable in RF T&M product technology though customer base differs.
Broad incumbents
- Cobham Advanced Electronic Solutions: Cobham AES provides RF and microwave components and subsystems for defense EW and radar applications, overlapping with both Giga-tronics' Microsource division (microwave components) and adjacent to its EW test solutions. Comparable in serving the same defense prime customers.
- Teledyne Technologies: Teledyne operates multiple defense and instrumentation businesses including RF/microwave test, electronic warfare, and radar subsystems. Comparable customer base (defense primes, government) and adjacent product offerings (test, signal conditioning) to Giga-tronics.
- Keysight Technologies: Keysight is the dominant incumbent in electronic test and measurement with deep RF/microwave signal generation and analysis offerings serving defense and aerospace customers globally. Overlaps directly with Giga-tronics' ASGA platform in frequency range, signal purity, and EW/Radar test use cases, but at vastly larger scale and broader portfolio.
- Rohde & Schwarz: Rohde & Schwarz is a leading European T&M vendor with extensive RF/microwave signal generators, analyzers, and dedicated EW/Radar test systems. Directly comparable product overlap (high-frequency signal generation, threat simulation) and serves the same defense prime and government customer base as Giga-tronics.
Emerging players
- Ultra Electronics: Ultra Electronics specializes in mission-critical electronic systems for defense, including EW and sonar applications. Comparable in serving defense primes and government agencies with EW-related RF/microwave products, though more focused on end-use systems than test instruments.
- Mercury Systems: Mercury Systems is a defense electronics specialist serving EW, radar, and mission-critical applications with RF/microwave subsystems. Adjacent to Giga-tronics in the defense EW/Radar value chain, often a customer or complementor for test, but operates at a different level (sub-systems vs. test instruments).
Market position
Strengths5 records
Weaknesses5 records
Competitive moat5 records
Key risks5 records
Key highlights6 records
Customer concentration
GIGA TRONICS social profiles
Digital presenceGIGA TRONICS financial estimates
Financial estimateRevenue estimate
Valuation estimate
GIGA TRONICS leadership team
Management profileNumber of profiles
Profiles2 records
GIGA TRONICS subsidiaries and ownership
Company hierarchySubsidiaries1 record
GIGA TRONICS funding detail
Funding detailFunding overview
Funding rounds8 records
Investors2 records
Funding detail is available on the Subscription and Enterprise plan.Contact sales →
GIGA TRONICS M&A and investment
M&A and investmentM&A4 records
Investments
M&A and investment is available on the Subscription and Enterprise plan.Contact sales →
Frequently asked questions about GIGA TRONICS
What does GIGA TRONICS do?
Giga-tronics designs and manufactures modular AXIe-based microwave and radio frequency test and measurement instruments—including advanced signal generators, signal analyzers, system reference modules, multi-channel capture/playback systems, and a real-time threat emulation system—for electronic warfare and radar test applications. Its wholly-owned Microsource division additionally produces custom YIG tuned oscillators, RADAR filters, and microwave components for military defense use.
Is GIGA TRONICS a public or private company?
GIGA TRONICS is a public company. It is classified as public and is currently operating.
When was GIGA TRONICS founded?
GIGA TRONICS was founded in 1980. It employs 51 to 100 people.
Where is GIGA TRONICS based?
GIGA TRONICS is headquartered in San Ramon, United States, in the North America region.
How does GIGA TRONICS make money?
Three revenue lines are on record. RADAR/EW Test Solutions are the primary driver. The others are microwave Components and RADAR Filters and professional Services.
Who are GIGA TRONICS's main competitors?
Direct peers on record are Anritsu, National Instruments (NI) and Viavi Solutions. LitePoint is listed as a regional player. Broad incumbents are Cobham Advanced Electronic Solutions, Teledyne Technologies, Keysight Technologies and Rohde & Schwarz. Emerging players are Ultra Electronics and Mercury Systems.
Does GIGA TRONICS have an API?
No public API is recorded for GIGA TRONICS.
What industry is GIGA TRONICS in?
GIGA TRONICS's product category is Electronic Warfare Test Equipment. Its primary akta.pro industry code is IMAGAFAC, Test & Measurement Equipment (Oscilloscopes, DAQ, signal analyzers, calibration benches), with a secondary code of IMABAGAH, Guidance, Navigation & Control (GNC) Electronics for Weapons. Its NAICS code is 334515 and its SIC code is 3825.