Antenova M2M reports profitable growth for its innovative high performance antennas
Cambridge, UK, 6th March 2015
Antenova M2M, the specialist manufacturer of standard embedded surface mount antennas and radio antenna modules, has reported that 2013 saw profitable growth with sales up, increased orders and growth in products shipped globally.
Colin Newman, Director and VP of Sales at Antenova M2M explains the reasons for the company’s recent success:
“2013 was a momentous year for the company. We implemented a bold strategy that involved two key elements. Firstly we focused on the M2M market, these are typically demanding applications that need the high performance our products offer. Secondly, we took the decision to relocate our core engineering expertise from the UK into our existing ISO9001 2008 certified Centre of Excellence in Taiwan. 2013 was successful in terms of growth and profitability, and 2014 is already shaping up to be even better. Our antennas offer small size, high efficiency, low power, and cost effectiveness for multiple bands, and we are now seeing strong growth in our core markets, with the M2M market predicted to grow to Euro 40 billion by 2017.”
Antenova has established a leading position in the market for wireless connected devices, with a track record in wireless M2M and standard antennas for use in telematics, automatic meter reading (AMR), mHealth, wireless security, home automation, trackers, industrial computing, fixed wireless access and electronic shelf labelling.