SAF Tehnika explained

SAF Tehnika
Type:JSC, Public company
Industry:Microwave data transmission equipment manufacturer and distributor
Foundation:1999
Location:Riga, Latvia
Products:Telecommunications and data transmission equipment (Microwave radio, PDH, SDH, IP radio equipment radio)
Num Employees:180 (as of October 2017)
Homepage:www.saftehnika.com

SAF Tehnika (from Latvian: Super Augstas Frekvences|lit=Super High Frequencies;) is a Latvian designer, producer and distributor of digital Microwave Data transmission equipment. SAF Tehnika products provide wireless backhaul for digital voice and data transmission to mobile and fixed network operators, data service providers, governments, and private companies. The company sells microwave point-to-point radios for licensed and license-free frequency bands, as well as unique spectrum analyzer Spectrum Compact. SAF Tehnika also provides customized microwave solutions for various applications, such as Broadcasting and Low latency networks.[1]

In the year 2004, SAF Tehnika acquired a Swedish company, – SAF Tehnika Sweden, a fully owned subsidiary, based in Gothenburg. In 2008, it was bought out by its management, which rebranded it as "Trebax AB".[2] In May 2004, the company launched an IPO with initial market capitalization of more than €50 million, with substantial subscriptions from institutional investors. The company is listed on the NASDAQ OMX Riga under the symbol SAF1R.

During the 2000s, SAF Tehnika has taken next steps towards global expansion by developing a large network of authorized partners and sales representatives all over the globe, most notable being the opening of SAF Tehnika North America office and warehouse facilities in Denver in 2013.[3]

Key Company Milestones

Supporter of the University of Latvia Foundation

SAF Tehnika is a supporter of the University of Latvia Foundation. In 2011, the company supported the magazine "Terra" in the amount of 430 euros and the "Excellence Award 2011" in the amount of 1,450 euros. In 2015, a project was set up to support the participation of talented students in the World Physics Olympiad in Mumbai, India, in the amount of EUR 2,500. In 2016, the University of Latvia Business Ideas Fund is supported in the amount of 1,000 EUR.[5]

See also

References

NASDAQ:

Notes and References

  1. Web site: Low Latency . 2022-05-17 . SAF Tehnika Website.
  2. Web site: Trebax | Teknikkonsulter . 2010-03-31 . dead . https://web.archive.org/web/20120305113834/http://www.trebax.se/about-trebax.html . 5 March 2012 .
  3. News: Latvian SAF Tehnika opens office and warehouse in Denver. The Baltic Course Baltic States news & analytics. 2018-01-24.
  4. Web site: About us. live. www.saftehnika.com . https://web.archive.org/web/20240327112430/https://www.saftehnika.com/en/about . 2024-03-27.
  5. Web site: SAF Tehnika. www.fonds.lv.