News Releases

Airgain's mission is to become the world's leading supplier of throughput optimized antenna systems and validation services, enabling advances in wireless connectivity for in-home, enterprise, and M2M applications.

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November 9, 2017
Airgain, Inc. ( NASDAQ: AIRG ), a leading provider of advanced antenna technologies used to enable high performance wireless networking, today reported unaudited results for the third quarter ended September 30, 2017 . Third Quarter 2017 Financial Highlights Sales of $12.4 million Gross margin of 48.2% GAAP earnings per diluted share of $0.02 Non-GAAP earnings per diluted share of $0.05 Adjusted EBITDA of $0.7 million Third Quarter 2017 Financial Results Sales totaled $12.4 million, which is in line with the company’s previously provided 2017 annual guidance. Gross profit grew 7.7% to $6.0 million from $5.6 million in Q3 of last year. Gross margin as a percentage of sales increased to 48.2% in the third quarter of 2017, compared to 44.8% in the same year-ago period. Total operating expenses for the third quarter of 2017 grew 33.5% to $5.8 million from $4.3 million in Q3 of last year. The increase was primarily due to higher personnel expenses to support the company’s sales, marketing, ...
November 6, 2017
Airgain becomes a member of the 5GAA contributing to cross industry association efforts to drive developments with the connected and autonomous car SAN DIEGO- Airgain, Inc. (NASDAQ: AIRG), a global leader in wireless connectivity platforms, announced today that it has become a member of the 5G Automotive Association (5GAA). The company joins leading telecommunications and automotive companies with the aim of accelerating the penetration of the connected and autonomous car and intelligent fleet management. Airgain believes it can play an important role in the connected vehicle market by providing antenna technology in support of advanced wireless connectivity solutions for in-vehicle, vehicle-to-vehicle, and vehicle-to-infrastructure applications. It brings to the association a portfolio of connectivity solutions and a wealth of experience in developing antenna applications for government, public safety, and enterprise applications. The 5GAA membership is a pivotal milestone for ...
October 26, 2017
Airgain, Inc. ( NASDAQ: AIRG ), a leading provider of advanced antenna technologies used to enable high performance wireless networking, will hold a conference call on Thursday, November 9, 2017 at 4:30 p.m. Eastern Standard Time ( 1:30 p.m. Pacific Standard Time ) to discuss its financial results for the third quarter ended September 30, 2017 . Financial results will be issued in a press release prior to the call. Airgain management will host the conference call, followed by a question and answer period. Date: Thursday, November 9, 2017
Time: 4:30 p.m. Eastern Standard Time ( 1:30 p.m. Pacific Standard Time )
U.S. dial-in: 1-877-451-6152
International dial-in: 1-201-389-0879 The conference call will be broadcast simultaneously and available for replay via the investor section of the company’s website at www.airgain.com. Interested parties can also listen to the broadcast live by clicking here. Please call the conference telephone number five minutes prior to the ...
September 12, 2017
Delivering efficiency and seamless integration for set-top-box and gateway deployments as well as LPWAN technologies including CAT-M1, LoRa, and NB-IoT Airgain, Inc. (NASDAQ: AIRG), a leading provider of embedded antenna technologies used to enable high performance wireless networking, today introduced the Profile Contour Embedded series of new ultra wide-band miniaturized antennas, to provide LTE connectivity to the smart home and emerging Low Power Wide Area Network (LPWAN) applications, including Industrial Internet of Things (IIoT). Targeting set-top-box and gateway deployments as well as LPWAN applications including CAT-M1, LoRa, and NB-IoT, the latest LTE embedded antennas from Airgain utilize an efficient flexible polymer-based low profile design optimized for confined designs and robust assembly variations. Available now, the antennas require minimal incremental integration effort, minimizing the cost and complexity typically associated with embedded antenna system ...
September 7, 2017
SAN DIEGO, Sept. 07, 2017 (GLOBE NEWSWIRE) - Airgain, Inc . (NASDAQ:AIRG), a leading provider of advanced antenna technologies used to enable high performance wireless networking, has been invited to present at the 6th Annual Liolios Gateway Conference , which is being held on September 6-7, 2017 at the Four Seasons Hotel San Francisco. Airgain President and CEO, Charles Myers, is scheduled to present today, Thursday, September 7th at 10:00 a.m. Pacific time. The presentation will be webcast live and available for replay here and in the investor section of the company’s website. Myers and Director of Investor Relations Alexis Waadt will hold one-on-one meetings with institutional investors throughout the day. To receive additional information, request an invitation or to schedule a one-on-one meeting, please email gateway@liolios.com . About the Gateway Conference The 6th Annual Gateway Conference is an invite-only conference presented by Liolios, which brings together the most ...
September 7, 2017
San Diego, CA, September 7, 2017 – Airgain, Inc. ( NASDAQ: AIRG ), a leading provider of advanced antenna technologies used to enable high performance wireless networking, has provided its sales growth outlook for fiscal years 2017 and 2018. Charles Myers, President and Chief Executive Officer of Airgain, stated: “2017 is shaping up to be a significant leap forward in terms of executing on our long-term strategic roadmap. We expanded our geographic footprint, particularly in North America, through several new customer engagements, including a new Tier One customer who selected our 4x4 access point solutions for their 802.11ac deployments. We successfully expanded our automotive reach to increase our presence in the fast-growing automotive and Industrial IoT markets. On top of that, we’re off to a promising start with our new industry alliances. We expect these relationships to broaden our market opportunities and provide us with another entry point into the connected car and IoT ...
August 23, 2017
Airgain, Inc. ( NASDAQ: AIRG ), a leading provider of advanced antenna technologies used to enable high performance wireless networking, has announced that its Board of Directors approved a share repurchase program pursuant to which Airgain may repurchase up to $7 million of shares of its common stock. Under the share repurchase program, repurchases may be made from time-to-time in open market and negotiated purchases, effective immediately through the next twelve months. Airgain currently has approximately 9.5 million shares outstanding. Charles Myers , President and Chief Executive Officer of Airgain , stated: “Our commitment remains on investing in the business first and foremost to capitalize on attractive high ROI (Return on Investment) opportunities in the market. However, we do recognize that opportunities may emerge for us to take advantage of our strong balance sheet to repurchase our shares. This share repurchase program affords us the flexibility to be opportunistic in our ...
August 18, 2017
Tech fans can now get under the skin of innovation and take a closer look. Telecommunications provider, Swisscom, has dissected their TV 2.0 Ultra High Definition (UHD) set top box to showcase the technology inside, which includes Airgain’s embedded antennas. Disassembled by Swisscom expert, Fabio Säegesser, the video below demonstrates the various technologies within the set top box, including: memory, processors, antennas, and several different cooling elements. ...
August 7, 2017
Airgain, Inc. ( NASDAQ: AIRG ), Airgain, Inc. (NASDAQ: AIRG), a leading provider of advanced antenna technologies used to enable high performance wireless networking, today reported unaudited results for the second quarter ended June 30, 2017 . Second Quarter 2017 Financial Highlights Revenue up 32% to $13.0 million Gross margin of 47.0% GAAP Earnings per diluted share of ($0.01) Non-GAAP Earnings per diluted share of $0.10 Adjusted EBITDA decreased 8% to $1.2 million Second Quarter 2017 Financial Results Sales increased 32% to $13.0 million from $9.9 million in the same year-ago period. The increase was primarily driven by a continued increase in product sales, as well as the revenue contribution from the assets acquired from Antenna Plus in April 2017. Gross profit for the second quarter of 2017 grew 35% to $6.1 million from $4.5 million in Q2 of last year. Gross margin as a percentage of sales increased to 47.0% in the second quarter of 2017, compared to 46.1% in the same year-ago ...
July 20, 2017
Airgain, Inc. ( NASDAQ: AIRG ), a leading provider of embedded antenna technologies used to enable high performance wireless networking, has been invited to present at the 20th Annual Oppenheimer Technology, Internet & Communications Conference . The conference is being held on August 8-9, 2017 at the Four Seasons Hotel in Boston . Charles Myers, Airgain’s President and Chief Executive Officer, is scheduled to present on Wednesday, August 9th at 3:05 p.m. Eastern Time. The presentation will be webcast live and will be available for replay on the investors section of the company’s website. Myers and Director of Investor Relations, Alexis Waadt, will hold one-on-one meetings with institutional investors throughout the day. For additional information or to schedule a one-on-one meeting with Airgain management, please contact your Oppenheimer representative. About Airgain, Inc. Airgain is a leading provider of embedded antenna technologies used to enable high performance wireless ...
July 20, 2017
Airgain, Inc. ( NASDAQ: AIRG ), a leading provider of embedded antenna technologies used to enable high performance wireless networking, will hold a conference call on Monday, August 7, 2017 at 4:30 p.m. Eastern Daylight Time ( 1:30 p.m. Pacific Daylight Time ) to discuss its financial results for the second quarter ended June 30, 2017 . Financial results will be issued in a press release prior to the call. This Smart News Release features multimedia. View the full release here: http://www.businesswire.com/news/home/20170720006240/en/ Airgain management will host the presentation, followed by a question and answer period. Date: Monday, August 7, 2017 Time: 4:30 p.m. Eastern Daylight Time (1:30 p.m. Pacific Daylight Time) U.S. dial-in: 1-877-451-6152 International dial-in: 1-201-389-0879 The conference call will be broadcast simultaneously and available for replay via the investor section of the company’s website at www.airgain.com . Interested parties can also listen to the broadcast ...
June 26, 2017
Jun. 26, 2017- Airgain, Inc. (NASDAQ: AIRG), a leading provider of embedded antenna technologies used to enable high performance wireless networking, today announced its participation in the product display at the LoRa Alliance™ booth (hall W5, booth #F96) at Mobile World Congress (MWC) Shanghai from June 28 through June 30, 2017. Airgain is a member of the LoRa Alliance, a comprehensive and fast-growing LoRaWAN™ ecosystem in the IoT sector. In addition to other Alliance members, Airgain will showcase embedded and external antennas for indoor and outdoor applications that support frequency bands utilized by the LoRaWAN protocol, such as 470-510MHz for China, and 868-928MHz for international applications. “We’re thrilled to showcase our innovative antenna solutions at MWC Shanghai,” said Jacob Suen, Airgain’s Senior Vice President, Worldwide Sales. “Working with the LoRa Alliance provides an opportunity for collaboration with some of the best and most innovative partners in the ...
June 23, 2017
Jun. 23, 2017- Airgain, Inc. ( NASDAQ: AIRG) , a leading provider of embedded antenna technologies used to enable high performance wireless networking, has been honored with the Best Quality Award from T&W, one of China’s largest original design manufacturers of digital subscriber line (DSL) and passive optical network (PON) products. This recognition affirms Airgain’s commitment to producing high-quality products and maintaining outstanding customer relationships. This Smart News Release features multimedia. View the full release here: http://www.businesswire.com/news/home/20170623005123/en/ Yingjia Pan (far left) represented Airgain and accepted the Best Quality Award from T&W at the Gongjin Stock’s 2017 Supplier Conference. (Photo: Business Wire) The award was announced at Gongjin Stock’s 2017 Supplier Conference. At the event, which took place in Taicang, China, 38 of T&W’s partners were awarded with honors including: Excellent Supplier, Best Service, Best Progress, ...
June 13, 2017
Ernst & Young (EY) announced yesterday, June 12 , that Charles ("Chuck") Myers , President and Chief Executive Officer of Airgain, Inc. (NASDAQ: AIRG) , a leading provider of embedded antenna technologies used to enable high performance wireless networking, has been selected as the EY Entrepreneur Of The Year® 2017 San Diego Region in the technology category. Winners were announced at the awards gala at the Fairmont Grand Del Mar, California , with more than 500 founders, CEOs, and other business leaders in attendance. After joining the company in 2011, Myers executed his strategy to transform Airgain into a high growth company and guided it to consistent profitability. He repositioned the company to target broader and faster growing market segments and created a productive work environment focused on delivering premier quality products and services. Airgain became public in August 2016, making it the first technology IPO out of San Diego in nearly two years. "I'm extraordinarily ...
June 6, 2017
Airgain, Inc. (NASDAQ: AIRG), a leading provider of embedded antenna technologies used to enable high performance wireless networking, has been invited to present at the 37th Annual William Blair Growth Stock Conference. The conference is being held on June 13-15, 2017 at the Four Seasons Hotel in Chicago. Airgain President and CEO Charles Myers is scheduled to present on Wednesday, June 14th at 2:00 p.m. Central time and will hold one-on-one meetings with institutional investors throughout the day. For additional information or to schedule a one-on-one meeting with Airgain management, please contact your William Blair representative. About Airgain, Inc. Airgain is a leading provider of embedded antenna technologies used to enable high performance wireless networking across a broad range of home, enterprise, and industrial devices. Our innovative antenna systems open up exciting new possibilities in wireless services requiring high speed throughput, broad coverage footprint, and ...
May 19, 2017
Airgain, Inc. (NASDAQ: AIRG) , a leading provider of embedded antenna technologies used to enable high-performance wireless networking, has been invited to present at the 45th Annual Cowen and Company TMT Conference . The conference is being held on May 31-June 1, 2017 at the Lotte New York Palace Hotel in New York . Airgain President and CEO Charles Myers is scheduled to present on Thursday, June 1st at 2:45 p.m. Eastern time and will hold one-on-one meetings with institutional investors throughout the day. The presentation will be webcast live and available for replay here. For additional information or to schedule a one-on-one meeting with Airgain management, please contact your Cowen representative. About Airgain, Inc. Airgain is a leading provider of embedded antenna technologies used to enable high performance wireless networking across a broad range of home, enterprise, and industrial devices. Our innovative antenna systems open up exciting new possibilities in wireless ...
May 15, 2017
Airgain, Inc. (NASDAQ: AIRG) , a leading provider of embedded and external antenna technologies used to enable high performance wireless networking, today announced it has become a member of the LoRa Alliance™ , along with its first shipments of a new line of antennas designed specifically for Internet of Things (IoT) Low Power Wide Area (LPWA) network connections. Airgain recently commenced initial shipments of the new antennas, for deployment in a network trial utilizing the LoRaWAN™ protocol for a large North America carrier. The Airgain product offering for LPWA networks includes embedded and external indoor and outdoor antennas, designed to provide optimal performance in frequency bands used domestically and internationally, as required for IoT and LPWAN communications. Airgain is now a member of the LoRa Alliance , which along with its LoRaWAN ecosystem, is one of the fastest growing alliances in the IoT sector. According to a Machina Research 1 2016 report, the number of IoT ...
May 15, 2017
Ernst & Young (EY) today announced Charles ("Chuck") Myers , President and Chief Executive Officer of Airgain, Inc. (NASDAQ: AIRG) , a leading provider of embedded antenna technologies used to enable high performance wireless networking, is a finalist for the EY Entrepreneur Of The Year ® 2017 San Diego Region Award. A serial entrepreneur, Myers has founded and managed multiple start-ups and and business units of Fortune 500 companies, successfully guiding new and existing companies through periods of transition and rapid growth. After joining Airgain in 2011, he repositioned the company and guided it to consistent profitability, doubled the workforce, and grew revenue eightfold. Additionally, Myers led the effort to take Airgain public in August 2016, making it the first technology IPO out of San Diego in nearly two years, and was one of the first technology IPOs that year. "I am honored to be selected as a finalist for this prestigious award," Myers said. "It is a privilege to lead ...
May 3, 2017
Airgain, Inc. (NASDAQ: AIRG) , a leading provider of embedded antenna technologies used to enable high performance wireless networking, today reported unaudited results for the first quarter ended March 31, 2017 . First Quarter 2017 Financial Highlights Revenue up 32% to $11.3 million Record gross margin of 47.0% Earnings per diluted share of $0.04 Adjusted EBITDA increased 101% to $712 thousand First Quarter 2017 Financial Results Sales increased 32% to $11.3 million from $8.5 million in the same year-ago period. The increase was primarily driven by an increase in product sales. Gross profit for the first quarter of 2017 grew 44% to $5.3 million from $3.7 million in Q1 of last year. Gross margin as a percentage of sales increased to 47.0% in Q1-17 compared to 43.2% in the first quarter of 2016. Total operating expenses for the first quarter grew 37% to $4.9 million from $3.6 million in Q1 of last year. Net income attributable to common stockholders totaled $385 thousand or $0.04 per ...
April 9, 2017
Acquisition Expected to Increase Airgain's Presence in the Fast-Growing Automotive Fleet and Industrial IoT Space Airgain also Announces First Quarter 2017 Conference Call to be Held on Wednesday, May 3, 2017 at 4:30 p.m. EDT Airgain, Inc. (NASDAQ: AIRG) , a leading provider of embedded antenna technologies used to enable high performance wireless networking, has entered into an asset purchase agreement with MCA Financial Group, Ltd. , acting as the appointed receiver for Antenna Plus, LLC , to acquire substantially all of the assets and certain liabilities of Antenna Plus. A privately-held supplier of antenna solutions based in Scottsdale, Arizona, Antenna Plus develops high-quality antenna products for mobile and automotive fleet applications for government, public safety, and Industrial IoT (Internet of Things) markets. The purchase and sale were made pursuant to a court order for the sale and disposition of the assets of Antenna Plus, for a cash purchase price of approximately ...
March 23, 2017
Airgain, Inc. (NASDAQ: AIRG) , a leading provider of embedded antenna technologies used to enable high performance wireless networking, has appointed Wall Street veteran Alexis Waadt to the new position of Director of Investor Relations. Waadt brings to Airgain more than 25 years of investment experience specializing in various sectors, including telecom, financial technology, and utilities. Before joining Airgain, she was a Principal and Portfolio Manager at Wall Street Associates (WSA), where she had been a member of the investment team since 1997. Prior to WSA, Waadt spent nearly five years at Hambrecht and Quist in the firm's institutional sales group. "We are excited to welcome Alexis as the newest member of our team," said Airgain's President and Chief Executive Officer Charles Myers . "She has a deep understanding of the high-tech wireless ecosystem and, specifically, how Airgain uniquely competes within this landscape. Alexis' investment background will play a pivotal role in ...
February 28, 2017
Airgain, Inc. (NASDAQ: AIRG) , a leading provider of embedded antenna technologies used to enable high performance wireless networking, today introduced the latest addition to its smart antenna product line, the MaxBeam smart switchable embedded antenna, N5X20Q1SW. Available today, the Airgain patent pending N5X20Q1SW smart antenna brings together multiple technologies including a near perfectly balanced antenna design and an electronically selectable complementary radiation pattern multi-element. Unlike most smart Wi-Fi antennas, the N5X20Q1SW control logic shares the same coaxial feeder cable with the RF (radio frequency) signal, avoiding cost and complexity of additional dedicated connections. Designed to support 2:1 smart antenna or MIMO (multiple input, multiple output) diversity systems for embedded Wi-Fi and ISM band applications such as smart home connectivity gateways, set-top-boxes, and enterprise Wi-Fi systems, the N5X20Q1SW provides optimal performance, cost, and ease of ...
February 16, 2017
Airgain, Inc. (NASDAQ: AIRG) , a leading provider of embedded antenna technologies used to enable high performance wireless networking, today reported unaudited results for the fourth quarter and full year ended December 31, 2016 . Fourth Quarter 2016 Financial Results Sales increased 35% to $12.6 million from $9.3 million in the same year-ago period. The increase was primarily driven by an increase in product sales. Gross profit increased 43% to $5.5 million (43.4% of sales) from $3.8 million (41.2% of sales) in the same year-ago period. The increase in gross profit as a percentage of sales was primarily driven by an increase in the sales of board-mounted antennas, which tend to have lower per unit pricing and higher gross margins. Total operating expenses increased 19% to $4.3 million from $3.6 million in the same year-ago period. The increase was primarily due to higher personnel expenses to support the company's sales and marketing and research and development initiatives. The ...
February 10, 2017
Airgain, Inc. (NASDAQ: AIRG) , a leading provider of embedded antenna technologies used to enable high performance wireless networking, will hold a conference call on February 16, 2017 at 4:30 p.m. Eastern Standard Time ( 1:30 p.m. Pacific Standard Time ) to discuss its financial results for the fourth quarter and full year ended December 31, 2016 . Financial results will be issued in a press release prior to the call. Airgain management will host the presentation, followed by a question and answer period. Date: Thursday, February 16, 2017
Time: 4:30 p.m. Eastern Standard Time ( 1:30 p.m. Pacific Standard Time )
U.S. dial-in: 1-877-451-6152
International dial-in: 1-201-389-0879 The conference call will be broadcast simultaneously and available for replay via the investor section of the company's website at www.airgain.com. Interested parties can also listen to the broadcast live by clicking here. Please call the conference telephone number five minutes prior to the ...
January 5, 2017
Airgain, Inc. (NASDAQ: AIRG) , a leading provider of embedded antenna technologies used to enable high performance wireless networking, today introduced SmartMax, a new line of chipset agnostic Antennas with dynamic spatial and polarity selection, providing optimal throughput performance and coverage for 802.11ac Wi-Fi systems. Targeting set-top-box, gateway, and smart HDTV deployments, SmartMax improves spatial correlation among received signals, producing a significant improvement in the performance of multiple-input multiple-output (MIMO) systems. Airgain's SmartMax provides up to a 25% downlink throughput improvement for Smart TV applications. SmartMax antennas require no dedicated connectivity to Wi-Fi chipset base-band circuits, minimizing the cost and complexity typically associated with Smart Antenna System integration. Traditionally Smart Antenna's function adjunct to Wi-Fi chipsets, requiring time consuming and costly integration efforts, lengthening development cycle times ...
January 3, 2017
New Wi-Fi Reference Designs Will Help Deliver High Performance Whole Home Wireless Connectivity Celeno Communications , a leading provider of smart, managed Wi-Fi solutions, and Airgain, Inc. (NASDAQ: AIRG) , a leading provider of embedded antenna technologies used to enable high performance wireless networking, announced today that they have entered into an agreement to collaborate on the delivery of a smart antenna platform based on the Celeno CL2400 802.11ac Wave 2 4x4 radio and its Smart Antenna Steering (SAS) technology. The resultant reference design solution will provide system designers and manufacturers with the blueprints for a smart antenna enabled 4x4 MIMO gigabit gateway design that will form the basis for the next generation of gigabit gateways and set top boxes to be deployed by world leading telecommunications and cable operators. The collaboration will leverage Airgain's expertise in RF and switched smart antenna design, together with Celeno's CL2400 chipset's ...