Airgain Expands FirstNet Connectivity Portfolio
Written by Emily J. Thompson, Senior Investment Analyst
Updated: Jun 02 2026
0mins
Airgain "announced the continued expansion of its mission-critical connectivity portfolio with FirstNet Built with AT&T - America's public safety network - to support reliable, high-performance communications for public safety agencies, utilities and field operations across the United States. Growing its public safety connectivity capabilities, Airgain recently added the MegaFi 2 and MegaGo 2 to its portfolio. As FirstNet MegaRange solutions, which use High Power User Equipment technology, the two routers transmit with 6x the power exclusively on Band 14, nationwide, high-quality spectrum set aside by the government for public safety on FirstNet. This helps support reliable communications in remote areas and through signal-blocking materials like glass, concrete and metal."
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Analyst Views on AIRG
Wall Street analysts forecast AIRG stock price to fall
4 Analyst Rating
4 Buy
0 Hold
0 Sell
Strong Buy
Current: 6.760
Low
5.00
Averages
6.25
High
7.00
Current: 6.760
Low
5.00
Averages
6.25
High
7.00
About AIRG
Airgain, Inc. is a provider of advanced wireless connectivity solutions that is focused on developing 5G technology. The Company's diverse product portfolio serves three primary markets: enterprise, automotive, and consumer. The Company's enterprise products include Smart Network Controlled Cellular Repeaters (Smart NCRs), embedded cellular modems, asset tracking solutions, and antennas for access points and Internet of Things (IoT) applications. Its Lighthouse platform is a carrier-grade, high-power 5G smart repeater designed to extend coverage and offload capacity for mobile network operators and system integrators. The Company's automotive products include second-generation AirgainConnect Fleet system solution, roof-mounted, all-in-one 5G vehicle gateway and its aftermarket antennas. The Company's consumer products include embedded antennas for consumer access points, wireless gateways, and fixed wireless access (FWA) devices.
About the author
Emily J. Thompson
Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.
Airgain Expands Mission-Critical Connectivity Solutions
- Portfolio Expansion: Airgain has recently launched the MegaFi 2™ and MegaGo 2™ routers as part of the FirstNet MegaRange™ solutions, utilizing High Power User Equipment (HPUE) technology to transmit with six times the power on Band 14, significantly enhancing communication capabilities for public safety agencies in remote areas.
- Cybersecurity Standards: Both new products are FirstNet Trusted™, meaning they meet stringent cybersecurity and connectivity requirements that exceed commercial standards, supporting the critical operational needs of public safety agencies and ensuring reliable communication in various environments.
- Integrated Solution Benefits: The AirgainConnect® portfolio not only includes the newly launched routers but also features AC-Fleet and Go-Kit Pro, providing integrated vehicle, fixed, portable, and rapid-response connectivity options that help public safety and critical infrastructure operations maintain efficiency in complex environments.
- Modernizing Communication Infrastructure: With integrated 5G connectivity, multi-carrier support, and rugged designs, Airgain's solutions simplify deployment processes and improve operational flexibility, assisting customers in modernizing their communication infrastructure in temporary field deployments and remote locations, thereby enhancing reliability and operational readiness.
See More
Airgain Q1 2026 Earnings Call Insights
- Sales Performance Overview: Airgain reported Q1 2026 sales of $11.5 million, aligning with the midpoint of guidance, with enterprise sales at $5 million and automotive sales at $0.9 million, indicating stable growth in the enterprise market.
- Strategic Acquisition Impact: The acquisition of Nextivity's HPUE MegaFi 2 assets enhances AirgainConnect's capabilities, strengthening its competitive position within the AT&T FirstNet offering and is expected to drive future commercialization efforts.
- Opportunity Pipeline Growth: As of last week, Airgain's pipeline includes over 55 Tier 1 and Tier 2 opportunities, a 40% increase from approximately 40 opportunities mentioned in the last call, with more than one-third now in trial or post-trial stages, reflecting heightened market demand.
- Future Outlook: Management projects Q2 2026 sales to range from $12.5 million to $14.5 million, with non-GAAP gross margin expected to be between 42.5% and 45.5%, and for the first time, guiding positive non-GAAP EPS, demonstrating confidence in future demand.
See More
Airgain Grants Inducement Awards to New Employees
- Inducement Award Program: On March 15, 2026, Airgain granted inducement awards to two new employees under its 2021 Employment Inducement Incentive Award Plan, totaling 24,000 stock options and 1,000 restricted stock units (RSUs), aimed at attracting top talent to the company.
- Option Details: The granted options have a 10-year term with an exercise price of $4.02 per share, reflecting the fair market value on the grant date, and will vest over four years, with 25% vesting on the first anniversary and the remainder vesting in equal monthly installments, ensuring employee retention.
- RSU Vesting Schedule: Each RSU represents a contingent right to receive one share of common stock, vesting in four equal installments from 2027 to 2030, also contingent on the employee's continued service, thereby enhancing retention incentives.
- Compliance Review: The awards were approved by Airgain's Compensation Committee in accordance with Nasdaq Rule 5635(c)(4), ensuring fairness and transparency in the granting process, and were not individually negotiated, reflecting the company's commitment to its new hires.
See More
Airgain Secures $4 Million Order from Leading IoT Provider
- Significant Order Value: Airgain has received a $4 million purchase order from a leading IoT solution provider, with shipments expected within the next 12 months, marking a continuation of its long-standing relationship with the customer.
- Broad Technical Support: This order underscores Airgain's reliable, high-performance multi-carrier connectivity technology across connected commerce, payments, smart retail, digital signage, and industrial automation, reflecting customer trust in its IoT solutions.
- Strong Market Demand: Airgain's IoT portfolio remains a core contributor to its business model, benefiting from long product lifecycles and a stable demand environment, which is expected to drive the company's expansion into new markets.
- Ongoing Strategic Development: As Airgain expands into new growth platforms like AC-Fleet and Lighthouse, this order further demonstrates improving demand trends within the IoT segment, supporting the company's continued growth leading into 2026.
See More
Airgain and Nextivity Form Strategic Partnership for Enhanced 4G and 5G Solutions
- Strategic Partnership Agreement: Airgain and Nextivity have entered into a strategic partnership agreement aimed at co-developing integrated solutions to enhance 4G and 5G coverage in complex indoor and outdoor environments, thereby addressing the rising customer demand for seamless connectivity.
- Market Opportunity: As demand for intelligent 4G and 5G coverage-extension solutions accelerates, particularly with mid-band 5G rollouts, this collaboration will facilitate the implementation of more scalable and cost-efficient coverage architectures, further expanding market share.
- Technology Integration: The partnership will combine Airgain's smart beamforming antenna systems with Nextivity's intelligent coverage technologies, creating robust comprehensive coverage solutions that enhance capabilities in mixed-use and indoor-outdoor sites, thereby strengthening competitive positioning.
- Industry Engagement: Both companies will participate in MWC Barcelona from March 2-6, 2026, where they plan to engage with operator customers and partners to discuss the strategic partnership and explore applications for next-generation 4G and 5G coverage solutions.
See More
Airgain and Nextivity Form Strategic Partnership for Enhanced 4G and 5G Coverage
- Strategic Partnership Agreement: Airgain and Nextivity have signed a strategic partnership agreement aimed at co-developing integrated solutions to enhance 4G and 5G coverage in complex indoor and outdoor environments, leveraging Airgain's Lighthouse™ 5G Intelligent Node platform and Nextivity's GO family of intelligent repeaters to advance wireless connectivity technology.
- Significant Market Opportunity: As demand for intelligent 4G and 5G coverage-extension solutions accelerates among operators and enterprises, particularly with mid-band 5G rollouts, this collaboration addresses the urgent need for more scalable and cost-effective coverage architectures, thereby enhancing market competitiveness.
- Complementary Technology Advantage: By combining Airgain's smart beamforming antenna systems with Nextivity's intelligent coverage technologies, both companies will drive the development of integrated systems to meet the growing customer demands, especially for coverage requirements in outdoor environments, further expanding their market share.
- Industry Engagement Activities: Airgain and Nextivity will showcase their strategic partnership at MWC Barcelona from March 2-6, 2026, planning to engage deeply with operator customers and channel partners to explore the application prospects of next-generation 4G and 5G coverage solutions.
See More
Airgain Expands Mission-Critical Connectivity Solutions
- Portfolio Expansion: Airgain has recently launched the MegaFi 2™ and MegaGo 2™ routers as part of the FirstNet MegaRange™ solutions, utilizing High Power User Equipment (HPUE) technology to transmit with six times the power on Band 14, significantly enhancing communication capabilities for public safety agencies in remote areas.
- Cybersecurity Standards: Both new products are FirstNet Trusted™, meaning they meet stringent cybersecurity and connectivity requirements that exceed commercial standards, supporting the critical operational needs of public safety agencies and ensuring reliable communication in various environments.
- Integrated Solution Benefits: The AirgainConnect® portfolio not only includes the newly launched routers but also features AC-Fleet and Go-Kit Pro, providing integrated vehicle, fixed, portable, and rapid-response connectivity options that help public safety and critical infrastructure operations maintain efficiency in complex environments.
- Modernizing Communication Infrastructure: With integrated 5G connectivity, multi-carrier support, and rugged designs, Airgain's solutions simplify deployment processes and improve operational flexibility, assisting customers in modernizing their communication infrastructure in temporary field deployments and remote locations, thereby enhancing reliability and operational readiness.
See More
Airgain Q1 2026 Earnings Call Insights
- Sales Performance Overview: Airgain reported Q1 2026 sales of $11.5 million, aligning with the midpoint of guidance, with enterprise sales at $5 million and automotive sales at $0.9 million, indicating stable growth in the enterprise market.
- Strategic Acquisition Impact: The acquisition of Nextivity's HPUE MegaFi 2 assets enhances AirgainConnect's capabilities, strengthening its competitive position within the AT&T FirstNet offering and is expected to drive future commercialization efforts.
- Opportunity Pipeline Growth: As of last week, Airgain's pipeline includes over 55 Tier 1 and Tier 2 opportunities, a 40% increase from approximately 40 opportunities mentioned in the last call, with more than one-third now in trial or post-trial stages, reflecting heightened market demand.
- Future Outlook: Management projects Q2 2026 sales to range from $12.5 million to $14.5 million, with non-GAAP gross margin expected to be between 42.5% and 45.5%, and for the first time, guiding positive non-GAAP EPS, demonstrating confidence in future demand.
See More
Airgain Grants Inducement Awards to New Employees
- Inducement Award Program: On March 15, 2026, Airgain granted inducement awards to two new employees under its 2021 Employment Inducement Incentive Award Plan, totaling 24,000 stock options and 1,000 restricted stock units (RSUs), aimed at attracting top talent to the company.
- Option Details: The granted options have a 10-year term with an exercise price of $4.02 per share, reflecting the fair market value on the grant date, and will vest over four years, with 25% vesting on the first anniversary and the remainder vesting in equal monthly installments, ensuring employee retention.
- RSU Vesting Schedule: Each RSU represents a contingent right to receive one share of common stock, vesting in four equal installments from 2027 to 2030, also contingent on the employee's continued service, thereby enhancing retention incentives.
- Compliance Review: The awards were approved by Airgain's Compensation Committee in accordance with Nasdaq Rule 5635(c)(4), ensuring fairness and transparency in the granting process, and were not individually negotiated, reflecting the company's commitment to its new hires.
See More
Airgain Secures $4 Million Order from Leading IoT Provider
- Significant Order Value: Airgain has received a $4 million purchase order from a leading IoT solution provider, with shipments expected within the next 12 months, marking a continuation of its long-standing relationship with the customer.
- Broad Technical Support: This order underscores Airgain's reliable, high-performance multi-carrier connectivity technology across connected commerce, payments, smart retail, digital signage, and industrial automation, reflecting customer trust in its IoT solutions.
- Strong Market Demand: Airgain's IoT portfolio remains a core contributor to its business model, benefiting from long product lifecycles and a stable demand environment, which is expected to drive the company's expansion into new markets.
- Ongoing Strategic Development: As Airgain expands into new growth platforms like AC-Fleet and Lighthouse, this order further demonstrates improving demand trends within the IoT segment, supporting the company's continued growth leading into 2026.
See More
Airgain and Nextivity Form Strategic Partnership for Enhanced 4G and 5G Solutions
- Strategic Partnership Agreement: Airgain and Nextivity have entered into a strategic partnership agreement aimed at co-developing integrated solutions to enhance 4G and 5G coverage in complex indoor and outdoor environments, thereby addressing the rising customer demand for seamless connectivity.
- Market Opportunity: As demand for intelligent 4G and 5G coverage-extension solutions accelerates, particularly with mid-band 5G rollouts, this collaboration will facilitate the implementation of more scalable and cost-efficient coverage architectures, further expanding market share.
- Technology Integration: The partnership will combine Airgain's smart beamforming antenna systems with Nextivity's intelligent coverage technologies, creating robust comprehensive coverage solutions that enhance capabilities in mixed-use and indoor-outdoor sites, thereby strengthening competitive positioning.
- Industry Engagement: Both companies will participate in MWC Barcelona from March 2-6, 2026, where they plan to engage with operator customers and partners to discuss the strategic partnership and explore applications for next-generation 4G and 5G coverage solutions.
See More
Airgain and Nextivity Form Strategic Partnership for Enhanced 4G and 5G Coverage
- Strategic Partnership Agreement: Airgain and Nextivity have signed a strategic partnership agreement aimed at co-developing integrated solutions to enhance 4G and 5G coverage in complex indoor and outdoor environments, leveraging Airgain's Lighthouse™ 5G Intelligent Node platform and Nextivity's GO family of intelligent repeaters to advance wireless connectivity technology.
- Significant Market Opportunity: As demand for intelligent 4G and 5G coverage-extension solutions accelerates among operators and enterprises, particularly with mid-band 5G rollouts, this collaboration addresses the urgent need for more scalable and cost-effective coverage architectures, thereby enhancing market competitiveness.
- Complementary Technology Advantage: By combining Airgain's smart beamforming antenna systems with Nextivity's intelligent coverage technologies, both companies will drive the development of integrated systems to meet the growing customer demands, especially for coverage requirements in outdoor environments, further expanding their market share.
- Industry Engagement Activities: Airgain and Nextivity will showcase their strategic partnership at MWC Barcelona from March 2-6, 2026, planning to engage deeply with operator customers and channel partners to explore the application prospects of next-generation 4G and 5G coverage solutions.
See More
