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Chris Donkin: I’m here with CEO of Galtronics Leighton Carrol. Thank you very much for joining us today.
Leighton Carroll: Thank you for having me.
Chris Donkin: So 2024 was a huge year for Galtronics. Tell us a little bit about how last year went.
Leighton Carroll: Yeah, so I look, I’m super proud of the Galronics team. Our infrastructure group in 2024 grew 40% as a wireless infrastructure antenna OEM. That’s 2024 was not a great year in for infrastructure capital spending.
We backed it up with another 32.5% of growth in 2025. Launched multiple new innovative products and are continuing to see a lot of success, a lot of customer diversification, a lot of market diversification.
Chris Donkin: Great. In fact, you’ve recently had some marquee successes in Europe. What really stands out for you?
Leighton Carroll: The old record… We have a product called a multi-beam and it’s one of the things that’s driving growth. Multibeams are highly differentiated at handling high density, high traffic situations.
We’ve slowly been working on Europe. The old record for the most amount of data carried by our products was at the Rogers Center by Rogers in Toronto for a Taylor Swift concert. It only carried 30 terabytes of data. That’s a massive number.
Deutsch Telecom did a trial of one of our multi-beams for a music festival and the Hockenheimring. They blew the number away. 40 terabytes of data with our product.
They were so pleased they contacted us and said we would like to do a press release and say Deutsch Telecom first dual frequency multi-beam deployment in Germany from a Canadian company Galtronics. That was exciting. I mean, you know, kind of cool.
We didn’t expect them to produce a YouTube video demonstrating our technology with nice graphics the whole thing and uh shocked right literally in the last month we’ve sold to Deutsch Telecom, Orange, SFR, Vodafone and we’ve obviously developed relationships with a lot of other European carriers. So you know you you don’t just show up as a Canadian business and say hey you know we’d like to we’d like to work with you. You have to have something innovative that delivers real value and solves a a real significant problem for for wireless operators. Our products are doing that and we’re excited about the growth we’re having in Europe.
Chris Donkin: Sounds good. So, you’ve been innovating your way to success. What comes next?
Leighton Carroll: Well, a few things. So, you know, some is good, more is better.
We recently announced at the end of last year that we are acquiring a company named Kaelus, headquartered in Sweden, with operations in Finland, the US, India, Australia and China. And it really does a few things for us. So one of the cool parts about Kaelus is that their product line and what they do is like this in terms of how complimentary it is to what we do.
We get to retain the engineering talent. We get to lean in more heavily in Europe as well as Oceanania, right? Australia, New Zealand, India.
Obviously we’re also selling China now. And to have a broader portfolio that includes filters, a really innovative set of base station antennas. They’ve always been solid in test and measurement, synchronization solutions that are being used by some of the biggest OEMs that you know.
And you layer on what Galtronics has done with multi-beams, small cells, in-building wireless stadium antennas, and the growth. We now become a broader business with more solutions for our customers and we’re excited about it because it only deepens our relationships. And the plan is over time we’re adding engineering talent and continuing to grow in a way that’s solving meaningful issues for wireless operators, 3POS’s, etc.
Chris Donkin: We haven’t got a lot of time left, so I want to get very quickly your opinion on what you’re excited about in 2026 in a few words.
Leighton Carroll: Yeah, it look 2026, I’m I’m excited about continuing to grow the business. The combination of Galtronics with Kaelus, the combined salesforce, the combined engineering force, the real focus on customers and innovation. And I’ll take it a step easy step further. How we got into Europe starts with the easiest use case: big festivals, big concerts. In North America, wireless carriers are starting to use multi-beam for cell sector saturation offload. Spectrum gets used. What do they have to do? Deploy more stuff or what we’re seeing US carriers do, replace existing infrastructure with a multi-beam, including some of the large integrated antennas and really getting the coverage and quality of coverage they need on a on a sector in a cost efficient way.
Chris Donkin: Sounds like an exciting future ahead. Thank you very much for joining us today.
Leighton Carroll: Thanks for having me.
About Baylin
Baylin is a leading diversified global wireless technology company. Baylin focuses on research, design, development, manufacturing and sales of passive and active radio-frequency products, satellite communications products, and supporting services. Baylin aspires to exceed its customers’ needs and anticipate the direction of the market. For further information, please visit www.baylintech.com.
For further information contact:
Investor Relations:
Kelly Myles, Marketing and Communications Director
Baylin Technologies Inc.
kelly.myles@baylintech.com
Forward Looking Statements
This press release includes forward-looking information and forward-looking statements (together, “forward-looking statements”) within the meaning of applicable securities laws. Forward-looking statements are not statements of historical fact. Rather, they are disclosure regarding conditions, developments, events or financial performance that we expect or anticipate may or will occur in the future, including, among other things, information or statements concerning our objectives and strategies to achieve those objectives, statements with respect to management’s beliefs, estimates, intentions and plans, and statements concerning anticipated future circumstances, events, expectations, operations, performance or results. Forward-looking statements can be identified generally by the use of forward looking terminology, such as “anticipate”, “believe”, “could” “should”, “would”, “estimate”, “expect”, “forecast”, “indicate”, “intend”, “likely, “may”, “outlook”, “plan”, “potential”, “project”, “seek”, “target”, “trend” or “will”, or the negative or other variations of these words or other comparable words or phrases, and are intended to identify forward-looking statements, although not all forward-looking statements contain these words.
The forward-looking statements in this press release include statements regarding the quality and performance of the multibeam antennas. Forward-looking statements are based on certain assumptions and estimates made by us in light of the experience and perception of historical trends, current conditions, expected future developments, including projected growth and sales in passive and active radio frequency and terrestrial microwave products and services, and other factors we believe are appropriate and reasonable in the circumstances, but there can be no assurance that such assumptions and estimates will prove to be correct.
Many factors could cause our actual results, level of activity, performance or achievements or future events or developments to differ materially from those expressed or implied by the forward-looking statements, including the risk factors discussed in the Company’s most recent Annual Information Form, which is available on the Company’s profile on SEDAR+ at www.sedarplus.ca. All the forward-looking statements in this press release are qualified by these cautionary statements and other cautionary statements or factors in this press release. There can be no assurance that the actual results or developments will be realized or, even if substantially realized, will have the expected consequences to, or effects on, the Company. Unless required by applicable securities law, the Company does not intend and does not assume any obligation to update these forward-looking statements.
