Innovative fabless semiconductor company, Guerrilla RF Inc (OTCMKTS:GUER), on October 10, 2022, announced confirming design wins with strategic customers for the new digital step attenuator (DSA), the GRF6402. The device has a unique Rapid Fire switching capability demonstrating a number of milestones for the firm. Revenues and shipping will commence in the coming year for the new DSA.
Trading Data
On Monday, GUER stock fell 0.72% to $1.3800 with more than 10.50K shares, compared to volume of 11.51K shares. The stock moved within a range of $1.3800 – 1.3900 after opening trade at $1.3800.
Guerrilla RF Receives First Design Wins for New Digital Step Attenuator
Ryan Pratt, CEO, and founder of Guerrilla RF said that the company is excited about having important design wins confirmed with GRF6402. Pratt added that the product is both the first DSA and the first silicon-on-insulator product. The CEO added that it represents a huge leap ahead as the firm is expanding its portfolio for including high-frequency designs and more SOI.
The firm is expecting to ship million-plus units in the inaugural year of production. It is ultimately aiming at expansion of the portfolio to include variable gain amplifiers, switches, cores with complex bias control as well as products operating well into C & X frequency bands.
Founded in 2013 and based in Greensboro, NC, the company is engaged in developing and manufacturing high-performance microwave integrated circuits for wireless OEMs in multiple market segments. The firm has a portfolio of microwave semiconductor devices and more than 100 high-performance radio frequency devices.
Key Quote
“We are pleased to have these important design wins confirmed with the GRF6402,” said Ryan Pratt, CEO and founder of Guerrilla RF. “As a producer of high-performance MMICs, this product is both our first DSA, as well as our first silicon-on-insulator (SOI) product. It represents a significant leap forward for us as we continue to expand our portfolio to include more SOI and high-frequency designs.”
