Record-Breaking Revenue and Global Milestones Cap Off an Outstanding Year for thinkRF
February 19, 2025
thinkRF — Leader in software-defined spectrum analysis platforms
thinkrf.com
As we close out the year, thinkRF proudly announces that we have met our annual ambitious revenue goals—achieving almost a threefold increase over last year’s figures—while further solidifying our position as a leader in spectrum intelligence. Our continued success is a testament to the cutting-edge solutions that drive our innovation.
Major Deals and Global Expansion
Middle East: thinkRF is in the final stages of securing our largest SXM deal ever. We are thrilled to confirm that thinkRF has been shortlisted as the sole source provider, our technical and financial proposals have been accepted, and the deal has moved to the customer’s procurement for contract negotiation and awarding. We also identified well-established channel partners to ensure a strong local presence to accommodate the region’s surging need for robust and innovative spectrum management solutions to address wireless infrastructure complexity, cross-border coordination, and license compliance.
North America: After winning a nationwide SXM contract with the Canadian telecom regulator, we’ve begun rolling out the solution. Feedback suggests additional use cases beyond the current scope, paving the way for future opportunities and positioning SXM as the go-to All-in-One platform. Supported by their current use of our systems, ongoing discussions with the US telecom regulator (FCC) signal the strong potential for expanded adoption of SXM south of the border.
Latin America: Building on successful pilots, thinkRF is advancing two major regulator opportunities in Latin America into multi-year commitments, expected to close in 2025. These opportunities reinforce our foothold and underscore SXM’s adaptability and scalability for diverse environments.
India and Europe: Initial deals secured this year with system integrators led to thinkRF’s platform being designed into their offering, unlocking additional orders and potential joint go-to-market strategies. We’re also weighing a solo or consortium bid for a significant telecom contract—another sign of our growing reputation and flexible approach.
The strategic groundwork laid in 2024 has not only delivered remarkable results this year but also built a stronger pipeline for continued success in 2025 and beyond.
Innovation and Product Evolution
Next Gen SXM Node: After months of development, we’re thrilled to unveil our new compact SXM Node prototype—featuring our next-gen R6000 RTSA—now in-house for validation and potential select pilot customers. This game-changing node combines exceptional performance with a compact, energy-efficient design, unlocking new use cases.
SXM Platform Advancements: Driven by customer feedback and commitment to exceptional user experiences, we introduced advanced analytics dashboards for more nuanced spectrum usage and issues insights. These upgrades empower real-time decision-making, boost efficiency, and safeguard mission-critical communications.
Market Visibility and Industry Recognition
This quarter, thinkRF took center stage at four major events worldwide, showcasing our innovative spectrum intelligence solutions to tech leaders. A highlight was our invitation to an exclusive panel at the Small Cells World Summit in KSA, where we presented thinkRF’s perspective on today’s private network challenges and demonstrated how SXM’s innovative, real-time approach uniquely addresses them. The enthusiastic feedback from these engagements further cements thinkRF’s position as a pioneer in global spectrum intelligence!
A Look Ahead
From record revenue to transformative deals across the globe, Q4 marks a high point in a year that has been nothing short of remarkable. As we turn our sights to the new year, our priorities remain the same: continuous innovation, unwavering customer support, and strategic expansion into new markets.
We thank our incredible team for their dedication and hard work, our partners and clients for their trust and collaboration, and all those who have contributed to our mission of revolutionizing the way spectrum is managed worldwide. Here’s to an even more exciting year ahead—together, we continue to shape the future of spectrum intelligence!