Video | Agriculture | Confidence | Economy | Energy | Employment | Finance | Media | Property | RBNZ | Science | SOEs | Tax | Technology | Telecoms | Tourism | Transport | Search


Orion increases investment in 4RF Communications

Orion increases investment in 4RF Communications Ltd

Orion New Zealand Limited has invested a further NZ$3.6 million in innovative New Zealand microwave technology company 4RF Communications Ltd, bringing its total investment in the company to just over NZ$17 million.

Orion first invested in 4RF in early 2001 with an initial investment of NZ$6.5 million and an agreement for subsequent investment. The recent investments have been made in two tranches following 4RF achieving agreed revenue, international distribution, and technical milestones.

4RF engineers high-performance point-to-point radio technologies for professional mobile radio, trunking and cellular network applications. Exports to Western and Eastern Europe, South Africa, India, Asia, the Middle East, Australia and the Pacific have contributed 77% to 4RF revenues this year.

Orion New Zealand Chairman Linda Constable said Orion had been very pleased with the performance of 4RF and was looking forward to continuing to play an active role in the company’s development as it expands its international markets.

© Scoop Media

Business Headlines | Sci-Tech Headlines


Onetai Station: Overseas Investment Office Puts Ceol & Muir On Notice

The Overseas Investment Office (OIO) has issued a formal warning to Ceol & Muir and its owners, Argentinian brothers Rafael and Federico Grozovsky, for failing to provide complete and accurate information when they applied to buy Onetai Station in 2013. More>>


Tomorrow, The UN: Feds President Takes Reins At World Farming Body

Federated Farmers president Dr William Rolleston has been appointed acting president of the World Farmers’ Organisation (WFO) at a meeting in Geneva overnight. More>>


I Sing The Highway Electric: Charge Net NZ To Connect New Zealand

BMW is turning Middle Earth electric after today announcing a substantial contribution to the charging network Charge Net NZ. This landmark partnership will enable Kiwis to drive their electric vehicles (EVs) right across New Zealand through the installation of a fast charging highway stretching from Kaitaia to Invercargill. More>>


Watch This Space: Mahia Rocket Lab Launch Site Officially Opened

Economic Development Minster Steven Joyce today opened New Zealand’s first orbital launch site, Rocket Lab Launch Complex 1, on the Mahia Peninsula on the North Island’s east coast. More>>


Marketing Rocks!
Ig Nobel Award Winners Assess The Personality Of Rocks

A Massey University marketing lecturer has received the 2016 Ig Nobel Prize for economics for a research project that asked university students to describe the “brand personalities” of three rocks. More>>


Nurofen Promotion: Reckitt Benckiser To Plead Guilty To Misleading Ads

Reckitt Benckiser (New Zealand) intends to plead guilty to charges of misleading consumers over the way it promoted a range of Nurofen products, the Commerce Commission says. More>>


Get More From Scoop

Search Scoop  
Powered by Vodafone
NZ independent news