BAE Systems Honors Microphase Corporation, a Gresham Worldwide Company, with the ‘Partner 2 Win’ Supplier of the Year Award SCOTTSDALE, Ariz., April 11, 2023 (GLOBE NEWSWIRE) -- Giga-tronics, Inc. d/b/a Gresham Worldwide (OTCQB: GIGA) (“Gresham Worldwide”), a provider of purpose-built electronic technology solutions for defense and other mission critical applications, today announced its subsidiary, Microphase Corporation, earned the ‘Partner 2 Win’ Supplier of the Year Award on April 6, 2023, from BAE Systems at a ceremony in Austin, Texas. Microphase was selected for this award from a p...
Gresham Worldwide Fourth Quarter 2022 Bookings Exceed $8 Million Gresham ended fiscal year 2022 with approximately $30 million in backlog, a year-over-year increase as compared to $25 million at the end of fiscal year 2021 After closing the share exchange in September 2022, Gresham remains focused on executing backlog orders and increasing new business bookings with a 2023 revenue target of $40 million SCOTTSDALE, Ariz., March 28, 2023 (GLOBE NEWSWIRE) -- Giga-tronics, Inc. d/b/a Gresham Worldwide (OTCQB: GIGA) (“Gresham”), a provider of purpose-built electronic technology solutions...
Giga-tronics Announces Closing of Share Exchange Agreement with Gresham Worldwide Transaction combines two companies positioned for growth in global defense industry Combined entity offers extensive expertise and proven solutions in electronic defense and countermeasures, RF systems and components, power electronics and displays, supporting military customers at the most challenging time in decades The combined companies have over 500 total customers, including over 40 tier-1 defense industry prime contractors and over 20 global defense ministry programs DUBLIN, Calif., Sept. 08, ...
Technical Analysis Comment | Tesla, Inc. designs, develops, manufactures, leases, and sells electric vehicles, and energy generation and storage systems in the United States, China, and internationally. The company operates in two segments, Automotive, Energy Generation and Storage.
Giga-tronics Incorporated Reports First Quarter Fiscal 2023 Results DUBLIN, Calif., Aug. 11, 2022 (GLOBE NEWSWIRE) -- (OTCQB: GIGA) – Giga-tronics Incorporated (“Giga-tronics” or the “Company”) today reported results for the first quarter of fiscal 2023, which ended June 25, 2022: First Quarter Fiscal Year 2023 versus First Quarter Fiscal Year 2022 Highlights Revenue of $1.9 million in the first quarter of 2023 decreased 5% compared to revenue of $2.1 million in the first quarter of fiscal 2022. Giga-tronics Division revenue increased to $1.2 million in the first quarter of 2023 versus ...
Giga-tronics Receives Second $783,000 Order for Electronic Warfare Threat Emulation System Second Order placed through new multi-year task order under an existing $28 billion Department of Defense contract vehicle DUBLIN, Calif., Aug. 10, 2022 (GLOBE NEWSWIRE) -- (OTCQB: GIGA) Giga-tronics Incorporated (the “Company”), a producer of functional test solutions for the RADAR/Electronic Warfare (“Radar/EW”) segment of the defense electronics market, today announced that it has received a second order valued at $783,000 for the Company’s RADAR/EW Threat Emulation System (“TEmS”) from the Uni...
Giga-tronics to Host First Quarter Conference Call on August 11, 2022 DUBLIN, Calif., Aug. 10, 2022 (GLOBE NEWSWIRE) -- (OTCQB: GIGA) -- Giga-tronics Incorporated will host a conference call on Thursday, August 11, 2022, at 4:30 p.m. EDT to discuss results for the first quarter of fiscal year 2023 ended June 24, 2022 and to provide an update on Company operations To participate in the call, dial: (800) 285-6670 toll free. Participants will be greeted by an operator and asked for the company name. It is recommended that you call in five to ten minutes prior to the start time. A r...
Giga-tronics Reports Fiscal 2022 Fourth Quarter and Year End Results DUBLIN, Calif., June 29, 2022 (GLOBE NEWSWIRE) -- (OTCQB: GIGA) – Giga-tronics Incorporated (“Giga-tronics” or the “Company”) today reported results for the fourth fiscal quarter and year ended March 26, 2022: Fourth Quarter Fiscal Year 2022 Review Revenue of $1.4 million in the fourth quarter of 2022 decreased 48% compared to revenue of $2.7 million in the fourth quarter of fiscal 2021. Microsource’s filter revenue decreased 54% compared to the fourth quarter of 2021 primarily due to lower order activity.Giga-tro...
Giga-tronics to Host Fourth Quarter and Fiscal Year 2022 Conference Call on June 29, 2022 DUBLIN, Calif., June 27, 2022 (GLOBE NEWSWIRE) -- Giga-tronics Incorporated (OTCQB:GIGA) will host a conference call on Wednesday, June 29, 2022, at 4:30 p.m. EDT to discuss results for the fourth quarter and the fiscal year ended March 26, 2022 and to provide an update on Company operations. To participate in the call, dial: (866) 374-5140 toll free, or (404) 400-0571 and enter PIN Code 66970124#. It is recommended that you call in five to ten minutes prior to the start time. A replay of the c...
Giga-tronics Receives $660,000 Order from a Fortune 500 Aerospace Customer for High Performance RADAR Filter Products DUBLIN, Calif., June 24, 2022 (GLOBE NEWSWIRE) -- (OTCQB: GIGA) -- Giga-tronics Incorporated (the “Company”), a provider of advanced test and measurement capabilities for electronic warfare and radar applications, announced today that its high-performance RADAR filter division Microsource has received an initial $660,000 production order from a Fortune 500 Aerospace customer. Microsource produces custom Yttrium-Iron-Garnet based microwave components designed specifically ...
Giga-tronics Receives $783,000 Order for Electronic Warfare Threat Emulation System Order placed through new multi-year Task Order under an existing $28 billion Department of Defense contract vehicle New Test Range Market Segment Significantly Expands Company’s Total Addressable Market DUBLIN, Calif., June 07, 2022 (GLOBE NEWSWIRE) -- (OTCQB: GIGA Giga-tronics Incorporated (the “Company”), a producer of functional test solutions for the RADAR/EW segment of the defense electronics market, today announced that it has received an order valued at $783,000 for the Company’s RADAR/Electr...
Giga-tronics to Participate at the 34th Annual Roth Conference DUBLIN, Calif., March 11, 2022 (GLOBE NEWSWIRE) -- Giga-tronics Incorporated (OTCQB: GIGA) (the “Company”) today announced that Lutz Henckels, Executive Vice President, Chief Financial Officer, and Chief Operating Officer, and Jonathan Read, CEO of Gresham Worldwide, will participate at the 34th Annual Roth Conference being held in-person at the Ritz Carlton, Laguna Niguel in Dana Point, California, March 13-15, 2022. Dr. Henckels and Mr. Read will be available for in-person one-on-one meetings throughout the conference to dis...
Giga-tronics Reports Fiscal 2022 Third Quarter Results DUBLIN, Calif., Feb. 08, 2022 (GLOBE NEWSWIRE) -- Giga-tronics Incorporated (OTCQB: GIGA) (“Giga-tronics” or the “Company”) today reported results for the third fiscal quarter and nine months ended December 25, 2021. Third Quarter Fiscal Year 2022 Review Revenue of $2.0 million decreased 51% compared to revenue of $4.1 million in the third quarter of fiscal 2021. Microsource filter revenue decreased 28% compared to the third quarter of fiscal 2021 primarily due to lower order activity.RADAR and Electronic Warfare (“RADAR/EW”) test r...
Giga-tronics to Announce Third Quarter Results and a Conference call on February 8, 2022 DUBLIN, Calif., Feb. 04, 2022 (GLOBE NEWSWIRE) -- Giga-tronics Incorporated (OTCQB:GIGA) will release results for the third fiscal quarter ended December 25, 2021, on Tuesday, February 8, 2022, after the close of trading on the OTCQB Market. Also, on February 8, 2022, Giga-tronics will host a conference call at 4:30 p.m. EST to discuss results and to provide an update on Company operations. To participate in the call, dial: (888) 517-2470 toll free or (630) 827-6818 and enter PIN Code 6926 602#. It ...
Giga-tronics To Host Investor Call To Discuss Recently Announced Share Exchange Agreement with BitNile Holdings and Gresham Worldwide, Inc. DUBLIN, Calif., Jan. 11, 2022 (GLOBE NEWSWIRE) -- Giga-tronics Incorporated (OTCQB: GIGA) (the “Company”) today announced that it will host a conference call and webcast after the market close on Thursday, January 13, at 4:30 p.m. ET to discuss the share exchange agreement with BitNile Holdings and Gresham Worldwide, Inc. which was announced on December 28, 2021. The transaction combines Giga, a producer of sophisticated RADAR and Electronic Warfare t...
Giga-tronics Incorporated Signs Share Exchange Agreement with BitNile Holdings and Gresham Worldwide Agreement provides for combination between Gresham Worldwide and Giga-tronics, which is expected to increase Giga-tronics revenue more than 250% and create strong provider of bespoke electronic solutions for the global defense industry DUBLIN, Calif., Dec. 28, 2021 (GLOBE NEWSWIRE) -- Giga-tronics Incorporated (“Giga”) (OTCQB: GIGA) today announced that it has entered into a Share Exchange Agreement (“Agreement”) with BitNile Holdings, Inc. (“BitNile”) (NYSE American: NILE) and BitNile’s...
Giga-tronics Reports Fiscal 2022 Second Quarter Results DUBLIN, Calif., Nov. 09, 2021 (GLOBE NEWSWIRE) -- Giga-tronics Incorporated (OTCQB: GIGA) (the “Company”) today reported results for the second fiscal quarter and six months ended September 25, 2021: Second Quarter Fiscal Year 2022 Highlights Revenue increased 33% over the second quarter of last fiscal year and 74% sequentially over the first quarter of fiscal 2022 to $3.6 million. Microsource filter revenue increased 75% over the second quarter of last fiscal year and 64% sequentially over the first quarter of fiscal 2022 to $3.3...
Giga-tronics to Announce Second Quarter Results and a Conference call on November 9, 2021 DUBLIN, Calif., Nov. 04, 2021 (GLOBE NEWSWIRE) -- Giga-tronics Incorporated (OTCQB:GIGA) will release results for the second fiscal quarter ended September 25, 2021 on Tuesday, November 9, 2021 after the close of trading on the OTCQB Market. Also, on November 9, 2021, Giga-tronics will host a conference call at 4:30 p.m. EST to discuss results and to provide an update on Company operations. To participate in the call, dial: (888) 517-2513 or (847) 619-6533 and enter PIN Code 9015656#. It is...
Giga-tronics to Host First Quarter FY 2022 Conference Call on August 11, 2021 DUBLIN, Calif., Aug. 10, 2021 (GLOBE NEWSWIRE) -- Giga-tronics Incorporated (OTCQB:GIGA) will host a conference call on Wednesday, August 11, 2021 at 4:30 p.m. EDT to discuss results for the first quarter of fiscal year 2022 ended June 26, 2021 and to provide an update on Company operations. To participate in the call, dial: (888) 517-2470 or (630) 827-6818 and enter PIN Code 8885221#. It is recommended that you call in five to ten minutes prior to the start time. A replay of the call will be available lat...
Giga-tronics Receives Orders Totaling $4.3 Million Year-To-Date Fiscal 2022 DUBLIN, Calif., Aug. 10, 2021 (GLOBE NEWSWIRE) -- (OTCQB: GIGA) —Giga-tronics Incorporated (the “Company”) announced today that it has received orders totaling $4.3 million since the beginning of its 2022 fiscal year, which began on March 28, 2021. During June 2021, the Company’s Microsource division received a development contract from a major prime contractor for $726,000 to extend the life of a critical component used in shipboard and land-based missile defense systems. The Company will begin recognizing reven...
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