Welcome to our dedicated page for Airgain news (Ticker: AIRG), a resource for investors and traders seeking the latest updates and insights on Airgain stock.
Airgain reports company news around advanced wireless connectivity solutions for enterprise, automotive, and consumer markets. Announcements commonly include operating results, embedded antenna design wins, cellular modem deployments, 5G fixed wireless access programs, and platform updates for AirgainConnect and Lighthouse.
Company updates also cover partnerships for 4G and 5G coverage, customer selections such as NimbeLink cellular modems, completed product-line asset additions, and equity-compensation actions under its inducement award plan. The recurring themes center on wireless hardware, system-level connectivity, carrier and enterprise channels, and governance or capital-structure disclosures tied to its Nasdaq-listed common stock.
Airgain will conduct a conference call on August 10, 2021, at 5:00 p.m. ET to discuss its Q2 2021 financial results ending June 30, 2021. The call will follow a press release detailing these results. Interested parties can register for the conference call here. A replay will be available post-call until September 10, 2021. Airgain specializes in advanced wireless connectivity solutions across various markets including consumer, enterprise, and automotive.
Airgain, Inc. (NASDAQ: AIRG) announced the appointment of Kiva Allgood to its board of directors. Allgood, previously Global Head of IoT and Automotive at Ericsson, brings extensive experience from her roles at GE and Qualcomm. Her expertise in 5G and Industrial IoT is expected to enhance Airgain's strategic direction as it explores new markets and product innovation opportunities. Chairman James Sims expressed confidence in Allgood's ability to contribute to the company's growth in wireless connectivity.
Airgain, Inc. (NASDAQ: AIRG) has granted inducement awards to 11 new non-executive employees under its 2021 Employment Inducement Incentive Award Plan. The awards total 23,500 stock options and 16,700 restricted stock units (RSUs), valued at $18.05 per share, with a 10-year term. Options vest over four years, while RSUs vest in equal installments from 2022 to 2025. This initiative aims to attract new talent to support Airgain's wireless connectivity solutions across various markets. The awards were approved by the Compensation Committee in compliance with Nasdaq regulations.
Airgain, Inc. (NASDAQ: AIRG) has granted inducement awards to six new non-executive employees, including Ali Sadri, the new Senior Vice President of Engineering. The awards, made on June 30, 2021, include options to purchase 25,500 shares and 12,000 restricted stock units (RSUs), with an exercise price of $20.62. The options vest over four years, while RSUs vest in four equal installments starting May 15, 2022. These awards aim to attract top talent and were approved by Airgain's Compensation Committee as per Nasdaq regulations.
Airgain, Inc. (NASDAQ: AIRG) will participate in a virtual forum hosted by the Public Safety Broadband Technology Association (PSBTA) on May 20, 2021. The forum will focus on advancements in critical communications technology for first responders. Attendees will gain insights into how the AirgainConnect platform enhances connectivity and coverage. Key speakers include PSBTA leaders and Airgain executives. Registration is available online for those interested in learning about improved wireless networking solutions for public safety.
Airgain, Inc. (AIRG) reported record quarterly revenue of $17.4 million for Q1 2021, a 35.4% increase from Q4 2020. The revenue was driven by contributions from all target markets, particularly from the recent acquisition of NimbeLink. The company's GAAP net income reached $0.2 million or $0.02 per diluted share, marking a turnaround from losses in previous quarters. Looking ahead, Airgain expects Q2 2021 sales between $17.25 million and $19.25 million and a GAAP EPS estimate of ($0.13).
Airgain, Inc. (NASDAQ: AIRG) will participate in a webinar discussing the performance of its AirgainConnect technology for first responders. Scheduled for May 5, 2021, at 2:00 p.m. EDT, the event will feature industry leaders sharing groundbreaking test results from urban, suburban, and rural drive tests. Attendees will learn how AirgainConnect enhances connectivity and data rates, crucial for devices like vehicle routers and IoT devices. The panel includes experts from Andrew Seybold, Omdia, and Airgain, moderated by IWCE’s Urgent Communications.
Airgain (NASDAQ: AIRG) has appointed Dr. Ali Sadri as Senior Vice President of Engineering. With over 25 years of experience, including a notable tenure at Intel, Dr. Sadri will lead the development of solutions to enhance Airgain's initiatives in wireless connectivity, particularly in mmWave technologies and 5G advancements. His expertise is expected to support Airgain's growth in the wireless communication sector. CEO Jacob Suen expressed confidence in Dr. Sadri's ability to elevate the company's technological vision and innovation.
Airgain, Inc. (NASDAQ: AIRG) will participate in a webinar on May 5, 2021, at 2:00 p.m. EDT, highlighting the effectiveness of AirgainConnect in enhancing connectivity for first responders. The virtual panel, moderated by IWCE’s Urgent Communications, features industry leaders discussing groundbreaking test results showcasing AirgainConnect's ability to extend coverage, improve building penetration, and optimize data rates. Attendees will gain insights into the uplink signal's importance for devices like vehicle routers and IoT. Results reveal AirgainConnect significantly increases data speeds in various environments.
Airgain, Inc. (NASDAQ: AIRG) has announced that its products will be offered through SYNNEX Corporation's General Services Administration (GSA) Multiple Awards Schedule (MAS) Contract. This partnership will enhance Airgain's visibility and accessibility within government markets. The AirgainConnect AC-HPUE is notably highlighted as the first antenna-modem of its kind available on GSA contract. This agreement aims to facilitate procurement for government organizations, increasing Airgain's potential customer base.