Mtron
M-tron Industries designs and manufactures RF components — crystal resonators, oscillators, filters, amplifiers, and integrated microwave assemblies — for U.S. defense primes, the Department of Defense, avionics, and space programs, operating from Orlando, Yankton, Hong Kong, and Noida with ITAR and AS9100 certifications.
- Company typePublic
- Founded1965
- HeadquartersOrlando, United States
- Headcount101–250
- GTM typeB2B
- OfferingHardware or Manufacturing
What Mtron does
M-tron Industries, Inc. (NYSE American: MPTI) is a U.S.-based designer and manufacturer of radio frequency (RF) components and frequency control products founded in 1965 and headquartered in Orlando, Florida. The company operates additional manufacturing facilities in Yankton, South Dakota, Hong Kong, and Noida, India, and has held ITAR registration, AS9100 Rev. D, ISO 9001:2015, and Mil-STD-790 certifications across its U.S. sites. Following a late-2022 spin-off, the company has compounded a 13x return to shareholders through Q1 2026.
Mtron's product portfolio spans crystal resonators (32.768 KHz to 200 MHz), oscillators (XO, TCXO, VCXO, OCXO, TCVCXO) including the proprietary e-Vibe electronically compensated OCXO line, RF and microwave filters (LC, crystal, ceramic, cavity, waveguide, planar), solid state power amplifiers (1 MHz to 40 GHz, up to 10 kW), low noise amplifiers (0.1 to 20 GHz), and custom Integrated Microwave Assemblies (IMAs) that integrate filters, LNAs, oscillators, switches, and multipliers into SWaP-C-optimized subsystems. The e-Vibe platform with integrated PLL technology and space-qualified Class 3 soldering capabilities is the central technical differentiator. The company offers more than 9,000 catalog parts plus custom design services, with proprietary parametric search (FastFinder) and a global representative/distributor network.
Mtron generates revenue through hardware sales of catalog and custom RF components, primarily under quote-based or multi-year contract pricing, with multi-year product lifecycles (10-15+ years) and continuity-of-supply commitments typical in defense and aerospace procurement. The customer base is concentrated in U.S. defense primes and government end-users (Lockheed Martin, Raytheon, Northrop Grumman, L3Harris, Boeing, General Dynamics, Collins Aerospace, the U.S. DoD, and allied space agencies including ISRO and MDA), with additional exposure to avionics, space, SATCOM, industrial, and telecom/instrumentation segments. Q1 2026 revenue was $14.7 million (+15.3% YoY) against a $76.8 million backlog (+38.4% YoY), FY2025 revenue was $54.42 million (+11% YoY), and gross margin expanded to 44.9%, with $2.4 million in quarterly net income reflecting a profitable operating model.
Mtron firmographics
Firmographics- Name
- Mtron
- Legal name
- M-tron Industries, Inc.
- Website
- https://mtron.com
- Company type
- Public
- Founded year
- 1965
- Operating status
- Operating
- Headcount range
- 101–250 employees
- Short description
- M-tron Industries designs and manufactures RF components — crystal resonators, oscillators, filters, amplifiers, and integrated microwave assemblies — for U.S. defense primes, the Department of Defense, avionics, and space programs, operating from Orlando, Yankton, Hong Kong, and Noida with ITAR and AS9100 certifications.
- Ownership category
- akta.pro rank
Mtron industry classification
Industry- Product category
- RF and Frequency Control Components
- NAICS
- Search, Detection, Navigation, Guidance, Aeronautical, and Nautical System and Instrument Manufacturing (334511), Navigational, Measuring, Electromedical, and Control Instruments Manufacturing (33451), Other Electronic Component Manufacturing (334419)
- SIC
- Industrial Instruments For Measurement, Display, And Control (3823), Radio & Tv Broadcasting & Communications Equipment (3663)
- akta.pro primary industry
- Ruggedized/Harsh-Environment Electronics Manufacturing (IP-rated, shock/vibration, wide-temp) (IMAGAGAF)
- akta.pro secondary industries
- Sensors & Instrumentation Electronics Manufacturing Services (Transmitters, analyzers, industrial sensors) (IMAGAGAL), Industrial Power & Energy Electronics Manufacturing Services (UPS, converters, inverters, chargers) (IMAGAGAI)
Keywords
Where Mtron is headquartered
LocationHeadquarters
- HQ city
- Orlando
- HQ country
- United States
- HQ region
- North America
Offices5 records
Markets served
Mtron business model
Business model- GTM type
- B2B
- Offering type
- Hardware or Manufacturing
- Cost components
- Personnel, Supply Chain, Operations, Technology or R&D, Infrastructure, Marketing or Sales
Revenue model
- RF Component Sales: Sale of radio frequency components including oscillators, crystals, filters, power amplifiers, and integrated assemblies to defense, aerospace, space, and commercial customers. Revenue is primarily from product sales with potential for long-term production contracts providing visibility.
- Custom Solutions and IMA: Design and manufacture of custom Integrated Microwave Assembly (IMA) solutions and subsystems for specific defense platform requirements, often involving longer sales cycles and higher ASPs
Pricing tiers
| Model | Billing | Price |
|---|---|---|
| Other | Multi-year contract | Custom/OEM pricing based on specifications |
Go-to-market motion2 records
Distribution channels3 records
Marketing channels5 records
Mtron product offering
Product offeringCore offering
M-tron Industries designs and manufactures engineered radio frequency (RF) and frequency control components — including crystal resonators, oscillators (XO, TCXO, VCXO, OCXO, and the proprietary e-Vibe electronically compensated OCXO), RF and microwave filters, solid state power amplifiers, low noise amplifiers, and custom Integrated Microwave Assemblies — for mission-critical aerospace, defense, avionics, space, ICT, and industrial applications. The company operates vertically integrated manufacturing in the United States (Orlando, FL and Yankton, SD) and India (Noida), with a sales office in Hong Kong, and supplies U.S. and allied defense primes, government agencies, and industrial OEMs under multi-year production contracts.
Product overview
Mtron is a designer and manufacturer of engineered RF solutions with a comprehensive portfolio of precision frequency control and spectrum control products. The core product lineup includes Crystal Resonators (32.768 KHz to 200 MHz), Oscillators (XO, TCXO, VCXO, OCXO, TCVCXO types), e-Vibe® electronically compensated oscillators, Filters (LC, Crystal, Ceramic, Cavity, Waveguide, and Planar technologies in multiple filter types), Solid State Power Amplifiers (1 MHz to 40 GHz, up to 10kW), Low Noise Amplifiers (LA series), and Integrated Microwave Assemblies. These products serve aerospace, defense, avionics, space, medical, industrial, and telecommunications applications. Mtron operates manufacturing facilities in Orlando, Florida; Yankton, South Dakota; Hong Kong; and Noida, India, with over 9,000 catalog products and custom design capabilities spanning more than 55 years of experience.
Differentiator
Problem solved
Functional benefit
Brands
- e-Vibe: Electronically compensated OCXO product line featuring ultra-low phase noise and vibration compensation
- MtronPTI
Products and services
- Crystal Resonators
Quantifiable outcome
- 15.3% year-over-year revenue growth in Q1 2026
- +3 more outcomes
Companies that use Mtron
Customer profileNamed customers15 records
Segments7 records
Ideal customer profiles4 records
Mtron technology and API
TechnologyTechnology focussed Yes
API detail
- Has API
- No
- API docs
- API detail
Core technology
AI maturity
App detail
Feature6 records
Mtron partnerships and signals
Strategic signalPartnerships
One partnership is on record.
- Indiana MicroelectronicscoreMtron formed a sales and manufacturing partnership with Indiana Microelectronics to market and produce tunable microwave filters for defense and commercial clients. The collaboration aims to scale Indiana Micro's designs for volume production and expand global availability through Mtron's established sales channels.
Scale indicators14 records
Recent moves7 records
Expansion highlights6 records
Mtron competitors and assessment
Company assessmentEmerging players
- Bliley Technologies: Bliley is a smaller, niche U.S. manufacturer of frequency control and RF products with a focus on defense, space, and instrumentation, partially overlapping with Mtron's high-reliability oscillator and crystal filter offerings.
Direct peers
- Knowles Corporation: Knowles designs and manufactures precision components and RF solutions, including frequency control and filtering products, for aerospace, defense, and industrial customers, making it a close direct peer to Mtron.
- TXC Corporation: TXC is a global manufacturer of frequency control components including crystal resonators and oscillators serving industrial, automotive, and telecom markets, comparable to Mtron's core crystal and oscillator business.
- Mercury Systems: Mercury Systems designs and manufactures mission-critical RF, microwave, and digital processing subsystems for defense and aerospace primes, directly overlapping with Mtron's defense RF components and integrated microwave assemblies.
- MACOM Technology Solutions: MACOM is a direct RF/microwave semiconductor and component supplier serving defense, radar, EW, and aerospace customers, competing head-to-head with Mtron's amplifiers, filters, and IMA offerings.
- Rakon Limited: Rakon is a specialist designer and manufacturer of frequency control products (oscillators, crystals, TCXOs, OCXOs) serving aerospace, defense, and telecommunications, directly comparable to Mtron's frequency control portfolio.
- CTS Corporation: CTS designs and manufactures electronic components including frequency control products, filters, and sensors for aerospace, defense, and industrial customers, overlapping with Mtron's crystal resonators, oscillators, and harsh-environment components.
Broad incumbents
- Skyworks Solutions: Skyworks is a major RF semiconductor company with broad communications and connectivity exposure; while defense is a smaller slice of its business, it competes in RF amplifiers, filters, and timing-related components adjacent to Mtron's portfolio.
- Qorvo: Qorvo is a large RF semiconductor incumbent with defense and aerospace exposure through its high-performance RF solutions, offering broader integrated RF portfolios than Mtron's discrete-to-IMA approach.
- Microchip Technology: Microchip, through its acquisition of Vectron International and Microsemi, offers a broad portfolio of frequency control and timing products serving aerospace and defense, making it a larger incumbent competing with Mtron on oscillators and timing solutions.
Market position
Strengths5 records
Weaknesses5 records
Competitive moat6 records
Key risks6 records
Key highlights7 records
Customer concentration
Mtron social profiles
Digital presenceMtron compliance and trust
Trust signalCompliance9 records
Mtron financial estimates
Financial estimateRevenue estimate
Valuation estimate
Mtron leadership team
Management profileNumber of profiles
Profiles5 records
Mtron funding detail
Funding detailFunding overview
Funding rounds1 record
Investors
Funding detail is available on the Subscription and Enterprise plan.Contact sales →
Mtron M&A and investment
M&A and investmentM&A
Investments1 record
M&A and investment is available on the Subscription and Enterprise plan.Contact sales →
Frequently asked questions about Mtron
What does Mtron do?
M-tron Industries designs and manufactures engineered radio frequency (RF) and frequency control components — including crystal resonators, oscillators (XO, TCXO, VCXO, OCXO, and the proprietary e-Vibe electronically compensated OCXO), RF and microwave filters, solid state power amplifiers, low noise amplifiers, and custom Integrated Microwave Assemblies — for mission-critical aerospace, defense, avionics, space, ICT, and industrial applications. The company operates vertically integrated manufacturing in the United States (Orlando, FL and Yankton, SD) and India (Noida), with a sales office in Hong Kong, and supplies U.S. and allied defense primes, government agencies, and industrial OEMs under multi-year production contracts.
Is Mtron a public or private company?
Mtron is a public company. It is classified as public and is currently operating.
When was Mtron founded?
Mtron was founded in 1965. It employs 101 to 250 people.
Where is Mtron based?
Mtron is headquartered in Orlando, United States, in the North America region.
How does Mtron make money?
Two revenue lines are on record. RF Component Sales are the primary driver. The others are custom Solutions and IMA.
Who are Mtron's main competitors?
Bliley Technologies is listed as an emerging player. Direct peers are Knowles Corporation, TXC Corporation, Mercury Systems, MACOM Technology Solutions, Rakon Limited and CTS Corporation. Broad incumbents are Skyworks Solutions, Qorvo and Microchip Technology.
Does Mtron have an API?
No public API is recorded for Mtron.
What industry is Mtron in?
Mtron's product category is RF and Frequency Control Components. Its primary akta.pro industry code is IMAGAGAF, Ruggedized/Harsh-Environment Electronics Manufacturing (IP-rated, shock/vibration, wide-temp), with a secondary code of IMAGAGAL, Sensors & Instrumentation Electronics Manufacturing Services (Transmitters, analyzers, industrial sensors). Its NAICS code is 334511 and its SIC code is 3823.