Andrew Acquisition Discovery

304

Total Pipeline

TIER 1 Pursue (9–10)

107

TIER 2 Pursue (7–8)

Watch (5–6)

Total Skill Runs

Exec Alert Emails

Score Distribution (0–10)

≤4

72 (auto-rejected)

Score 0 = anti-pattern auto-reject (active electronics, software, MNO customer, or Amphenol-owned) — tracked for dedup, not pursue.

Pipeline Health

TIER 1 PURSUE — 90 candidates (score 9–10)

TIER 2 PURSUE — 107 candidates (score 7–8)

WATCH — 29 candidates (score 5–6)

Rejected / Pass — 78 (score <5 or 0)

Vector	TIER 1	TIER 2	Key Gap
V1 Antenna Tech	~28	~30	Stadium multibeam, GNSS federal
V2 Cabinet/Enclosure	~14	~12	Walk-in E-houses, BESS enclosures
V3 Power/RF/Timing	~32	~28	PTP grandmaster, BUC/SSPA, SPD
V4 Connectivity	~16	~37	Drone tether, hybrid power-fiber

Discovery Run Timeline — All 30 Runs (hourly granularity)

Run Time (UTC) ▼	Run Type	New	T1	T2	Avg	Top	Regions
Apr 26 18:00	Bulk Init	168	43	37	4.6	10	US, EU, Asia, Australia (full pipeline seed)
Apr 26 19:00	Bulk Init +5	5	0	4	6.8	7	Denmark, France, Italy, US
Apr 27 04:00	Hourly 1/13	5	3	2	8.8	10	Czech Rep, Israel, Taiwan, UK, US
Apr 27 05:00	Hourly 2/13	5	1	4	8.0	10	Canada, Italy, Netherlands, Norway, Spain
Apr 27 06:00	Hourly 3/13	5	2	2	8.0	10	Australia, Germany, Norway, Spain, US
Apr 27 07:00	Hourly 4/13	5	2	3	8.2	9	Canada, Germany, Greece, South Korea, Sweden
Apr 27 08:00	Hourly 5/13	5	1	4	7.6	9	Australia, Czech Rep, France, Germany, US
Apr 27 09:00	Hourly 6/13	5	1	4	7.8	9	Australia, Netherlands, US
Apr 27 10:00	Hourly 7/13	5	3	2	8.6	9	Canada, Germany, Japan, US
Apr 27 11:00	Hourly 8/13	5	2	3	8.2	9	Canada, South Africa, USA
Apr 27 12:00	Hourly 9/13	5	3	2	8.8	10	Canada, Denmark, Netherlands, US
Apr 27 13:00	Hourly 10/13	5	1	3	7.6	9	Germany, India, Japan, US
Apr 27 14:00	Hourly 11/13	4	2	2	8.3	9	Finland, France, US
Apr 27 16:00	Hourly 12/13	5	2	2	7.8	10	Australia, Switzerland, Taiwan, US
Apr 27 19:00	Hourly 13/13	5	3	2	8.8	10	Belgium, Sweden, US
Apr 28 14:00	Weekly #1	5	2	3	8.2	9	Czech Rep, Italy, Singapore, US
Apr 29 09:00	Weekly #2	4	1	2	6.0	9	UK, US
Apr 30 09:00	Weekly #3	5	1	3	7.0	9	Canada, Germany, India, Spain, US
May 1 09:00	Weekly #4	5	1	2	7.4	9	Germany, Italy, Taiwan, US
May 2 09:00	Weekly #5a	1	1	0	9.0	9	UK
May 2 10:00	Weekly #5b	2	0	2	7.0	7	UK, US
May 3 00:00	Multi-run 1/6	10	6	3	8.2	10	Czech Rep, France, Germany, Italy, Poland, Sweden, Switzerland
May 3 01:00	Multi-run 2/6	4	0	0	4.5	6	Greece, Spain, Switzerland
May 3 02:00	Multi-run 3/6	5	0	2	5.8	7	Austria, France, Germany, Sweden, Ukraine
May 3 09:00	Multi-run 4/6	5	2	3	8.0	9	Denmark, Ireland, South Korea, US
May 3 18:00	Multi-run 5/6	4	1	1	6.3	9	France, Germany, US
May 3 21:00	Multi-run 6/6	2	1	1	8.5	9	Germany, Switzerland
May 4 09:00	Weekly #6	5	1	3	7.0	9	Germany, Turkey, UK, US
May 11 09:00	Weekly #7	5	2	3	8.0	9	Denmark, Germany, New Zealand, Taiwan, US
May 18 09:00	Weekly #8 ●	5	2	3	7.8	9	Spain, UK, US

▮ Blue rows = Apr 27 hourly blitz (13 runs · 64 candidates · avg score 8.2) ▮ Orange rows = May 3 multi-run session (6 runs · 30 candidates) ● = current run

Run Drill-Down — 8 Regular Weekly Runs (Apr 28 – May 18)

The Apr 27 hourly blitz (13 runs) and May 3 multi-session (6 runs) are reflected in the timeline table above. The per-candidate cards below cover the 8 single-run days where the standard 5-candidate discipline was applied.

Apr 28, 2026 — Weekly Run #1 5 candidates · Avg 8.2 · USA, Czech Republic, Italy, Singapore

TIER 1 ×2 TIER 2 ×3

▼

Score	Company	Tier	Segment	Country	Source
9	EWT Filters (Eastern Wireless TeleComm)	TIER 1	RF Cavity Filters — MNO / Military / Space V3	USA	established
9	Jirous s.r.o.	TIER 1	Passive Microwave Dish Antennas (6–38 GHz) V1	Czech Republic	established
8	Microwavefilters & TVC SRL	TIER 2	Passive Microwave Components — Circulators, Isolators V3	Italy	established
8	RS Microwave Company	TIER 2	Custom Defense & Aerospace RF Filters V3	USA	event-driven
7	MS TELERF	TIER 2	Passive RF Components — Circulators, Combiners, Couplers V3	Singapore	established

Apr 29, 2026 — Weekly Run #2 4 candidates (1 auto-rejected: Narda-MITEQ = Amphenol-owned) · Avg 6.0 · USA, UK

TIER 1 ×1 TIER 2 ×2 OWNED ×1

▼

Score	Company	Tier	Segment	Country	Source
9	Transtector Systems	TIER 1	Telecom Tower Surge & Lightning Protection — SPD/GDT V3	USA	event-driven
8	Steatite Antennas	TIER 2	Wideband Specialty Antennas — Rail/FRMCS/Defense V1	UK	established
7	Microwave Techniques	TIER 2	High-Power Waveguide Components & Coaxial RF V4	USA	event-driven
0	Narda-MITEQ	AMPHENOL-OWNED	RF/Microwave Components for Defense/Space	USA	established

Apr 30, 2026 — Weekly Run #3 5 candidates · Avg 7.0 · Germany, Canada, USA, Spain, India

TIER 1 ×1 TIER 2 ×3 WATCH ×1

▼

Score	Company	Tier	Segment	Country	Source
9	PROSE Technologies	TIER 1	5G Passive Base Station Antennas — #2 Global BSA (ABI 2025) V1	Germany	established
7	Alga Microwave Inc.	TIER 2	Passive Waveguide for Satellite Ground Stations V4	Canada	emerging
7	Rantec Microwave Systems	TIER 2	Precision Passive Microwave Antennas for Defense — Missile Guidance V1	USA	established
7	Delvalle Box	TIER 2	NEMA/IP66-IP68 Outdoor Electrical Enclosures V2	Spain	established
5	Kavveri Telecom Products	WATCH	Passive Base Station Antennas for Indian MNOs V1	India	established

May 1, 2026 — Weekly Run #4 5 candidates · Avg 7.4 · USA, Italy, Germany, Taiwan

TIER 1 ×1 TIER 2 ×2 WATCH ×2

▼

Score	Company	Tier	Segment	Country	Source
9	ARA (Antenna Research Associates)	TIER 1	Specialty Antennas — Federal SATCOM / RADAR / EW / CBP Border V1	USA	event-driven
8	Protel Antennas	TIER 2	Telecom Antenna — Multi-Band Professional V1	Italy	established
8	AvL Technologies	TIER 2	SATCOM Tracking Antenna / Precision Positioner V1	USA	event-driven
6	Kathrein Broadcast GmbH	WATCH	Broadcast Transmission Antennas — FM/DAB/DVB-T2 V1	Germany	event-driven
6	MTI Group (Microelectronics Technology Inc.)	WATCH	SATCOM Equipment / Cellular Backhaul ODM V1	Taiwan	established

May 2, 2026 — Weekly Run #5 3 candidates (shortfall — quality bar kept count low) · Avg 7.7 · UK, USA

TIER 1 ×1 TIER 2 ×2

▼

Score	Company	Tier	Segment	Country	Source
9	Cooper Antennas Ltd	TIER 1	Military VHF/UHF/L-Band Antennas — Airborne & Vehicular V1	UK	established
7	Innovative Power Products (IPP)	TIER 2	Passive RF Components — Power Dividers & Couplers V3	USA	established
7	ETL Systems Ltd	TIER 2	Satellite Signal Distribution / RF Signal Management V3	UK	established

May 4, 2026 — Weekly Run #6 5 candidates · Avg 7.0 · USA, Germany, UK, Turkey

TIER 1 ×1 TIER 2 ×3 WATCH ×1

▼

Score	Company	Tier	Segment	Country	Source
9	Hascall-Denke	TIER 1	Military Passive Antennas — HF/VHF/UHF/L/S/C/X-band, Tactical V1	USA	event-driven
7	Günther Spelsberg GmbH	TIER 2	Outdoor Weatherproof Electrical Enclosures & Cable Junction Boxes V2	Germany	established
7	Emtelle	TIER 2	Blown Fiber Microduct & Fiber Optic Cable Infrastructure V4	UK	emerging
7	Canovate Group	TIER 2	Outdoor Telecom Cabinets & Fiber Optic Connectivity V2	Turkey	established
5	Clearfield Inc.	WATCH	Passive Fiber Optic Management, Protection & Delivery V4	USA	event-driven

May 11, 2026 — Weekly Run #7 5 candidates · Avg 8.0 · Germany, Denmark, USA, Taiwan, New Zealand

TIER 1 ×2 TIER 2 ×3

▼

Score	Company	Tier	Segment	Country	Source
9	hopf Elektronik GmbH	TIER 1	Precision PTP Timing & GPS/GNSS Time Reference Hardware V3	Germany	established
9	Dantherm Group	TIER 1	Outdoor Climate Control & Thermal Management — Telecom / BESS V2	Denmark	emerging
8	Mobile Mark Inc	TIER 2	Multiband Fixed & Vehicle-Mount Antennas (5G/LTE/GNSS/WiFi/FirstNet) V1	USA	established
7	LYNwave Technology	TIER 2	Custom ODM/OEM Antenna — IoT/5G/WiFi/Multi-band V1	Taiwan	established
7	Rakon Limited	TIER 2	Precision Frequency Control Products (TCXO/OCXO/VCXO/SAW/BAW) V3	New Zealand	event-driven

May 18, 2026 — Weekly Run #8 ● CURRENT 5 candidates · Avg 7.8 · UK, USA, Spain

TIER 1 ×2 TIER 2 ×3

▼

Score	Company	Tier	Segment	Country	Source
9	Chronos Technology Ltd	TIER 1	Precision Timing / GNSS Synchronization — eLoran backup V3	UK	established
9	Mega Industries LLC	TIER 1	High-Power RF Waveguide & Coaxial Transmission Line (WR28–WR2300) V4	USA	established
7	Tekmar Group PLC	TIER 2	Subsea Cable Protection Systems — Offshore Wind V4	UK	established
7	Top Cable Group S.A.	TIER 2	Specialty Industrial, Marine & Offshore Cable V4	Spain	established
7	QuinStar Technology Inc.	TIER 2	mmWave Waveguide Components (Ka/V/W-band, 33–110 GHz) V4	USA	event-driven

Also resurfaced: Comrod Communication — new Bridgepoint Development Capital V signal (PE acquisition Dec 2025 suggests exit timeline tightening).

Exec Alert Email produced: D2C Satellite Gateway Ground Infrastructure (vertical_ideas #78) → exec_alert_d2c_satellite_gateway.html

TIER 1 PURSUE — Full Pipeline (score 9–10, 90 candidates)

Score ▼	Company	Tier	Vector	Segment	Country	Revenue	Discovery	Strategic Fit (summary)
10	Photonic Systems Inc (PSI)	TIER 1	V3	RF-over-Fiber	US	~$7M	Apr 26	Closes RFoF gap during EMCORE exit window; founder-led acqui-hire
10	Elistair	TIER 1	V4	Drone Tether Cable	France	~€10M	Apr 26	Pure cable/connectivity play; tether cable for DIB programs
10	Hoverfly Technologies	TIER 1	V4	Drone Tether Cable	US	~$10M	Apr 26	Tethered drone systems for DoD; pure cable/connectivity
10	NPC Industries	TIER 1	V4	Drone Tether Cable	US	~$30M	Apr 26	Supplies tether cable into active DoD drone programs
10	Foxcom	TIER 2	V3	RF-over-Fiber (satellite/military)	Israel	~$8.5M	Apr 26	Post-PSI tuck-in; RFoF for satellite/military depth
10	Terrasat Communications	TIER 1	V3	Outdoor BUC/SSPA	US	$10–20M	Apr 26	Outdoor BUC/SSPA; closes Power/RF gap; Santa Clara CA
10	KMW Microwave	TIER 1	V1	MW Antennas & Accessories	Korea	~$40M	Apr 26	Korean MW antennas; Asia geographic diversity for Amphenol
10	Maxtena	TIER 1	V1	GNSS Antennas / PNT	US	$5–15M	Apr 26	GNSS helix antennas for federal/defense; Bethesda MD
10	Microwave Filter Co	TIER 1	V3	Specialty Filters	US	~$2.2M	Apr 26	Niche specialty filter manufacturer; small bolt-on
10	Inertial Labs	TIER 1	V1	GNSS / PNT Antennas	US	~$30M	Apr 26	Inertial + GNSS small US bolt-on for federal channel
10	SBG Systems	TIER 1	V1	GNSS / PNT Antennas	France	~$20M	Apr 26	Inertial + GNSS small specialist; France diversity
10	ETI Group	TIER 1	V1	MW Antennas & Tower Equipment	Germany	~$30M	Apr 26	German MW antenna and tower equipment
10	PEPRO LLC	TIER 1	V2	Shielded Walk-In Shelters / Faraday / EMP	US	$5–15M	Apr 27	Family-owned; patented EMP/HEMP shelters; DoD/CBP/DHS channel
10	Telegärtner GmbH	TIER 1	V4	Specialty RF Coaxial Connectors (7-16 DIN)	Germany	€50–80M	Apr 27	Dominates 7-16 DIN standard — the connector at every cell tower Andrew feedline lands on
10	RFspin	TIER 1	V1	Precision Broadband Antennas	Czech Republic	~$10–30M	Apr 27	SpaceX/Nokia/Airbus customers; 10× growth since 2015; new CNC facility 2023
10	Linden Photonics	TIER 1	V4	Hybrid Power-Fiber Tether Cable (LCP)	US	~$10–20M	Apr 27	Only US-IP tether cable with LCP technology; Navy STFOC contract origin; Vector 4 moat
10	Calzavara	TIER 1	V2	Antenna Concealment & Telecom Cabinets	Italy	~€25–50M	Apr 27	Italian concealment-pole + cabinet for MNO/INWIT/towerco; stadium + smart-cities driver
10	Antenna Products Corporation	TIER 1	V1	Military & Government Passive Antennas (HF–Microwave)	US	~$15M	Apr 27	DoD/Navy/AF/FAA/Army channel; HAARP heritage; 100K sqft vertically integrated
10	SPINNER GmbH	TIER 1	V4	HELIAX-Equiv Corrugated Coax + 7-16/4.3-10 Connectors	Germany	$115M	May 3	Direct HELIAX competitor in EU; invented 7-16 connector; MNO-core (Vodafone/DT/Orange)
9	PROSE Technologies	TIER 1	V1	5G Passive BSA — #2 Global (ABI Research 2025)	Germany	€300–500M	Apr 30	ABI #2 passive BSA globally; 100+ CSP customers; CellMax UWB antenna; 4yr post-Rosenberger window
9	Baylin Technologies	TIER 1	V1	Venue/Stadium Antennas (Galtronics) + BSA + RF Conditioning (Kaelus)	Canada	~$100M USD	Apr 27	Galtronics closes named stadium multibeam gap; Kaelus adds Sweden RF conditioning; Alaris adds defense
9	Raycap	TIER 1	V3	Tower Site Surge Protection + DC Power + Concealment	Greece	$74M	Apr 27	Strikesorb SPD at hundreds of thousands of Andrew MNO sites; acquired Stealth Concealment
9	Sinclair Technologies	TIER 1	V3	Passive RF Signal Conditioning — Duplexers, Filters, LMR/TETRA	Canada	$30–60M	Apr 27	70-yr RF conditioning heritage; removes Chinese control from Norsat; CFIUS-welcome transaction
9	NexTek LLC	TIER 1	V3	Coaxial Signal Line Surge Protection & EMI Filters	US	~$26M	Apr 27	US-domiciled RF coax SPD; 40yr manufacturing; Buy America tailwind for BEAD deployments
9	Quintel Communications	TIER 1	V1	Multi-Beam 5G Passive BSA (Independent Tilt)	UK	$20–50M	Apr 27	100+ patents in independent-tilt beam-steering; post-Matsing multibeam venue gap closure
9	Nihon Dengyo Kosaku	TIER 1	V1	Base Station Antennas / NINJA Concealment (5G/LTE)	Japan	~$35–55M	Apr 27	APAC V1 gap; DengyoUSA already winning T-Mobile/AT&T deployments — zero channel friction
9	Purcell Systems	TIER 1	V2	Outdoor BTS & Utility Equipment Enclosures (GR-487)	US	$30–60M	Apr 27	Thermally managed NEMA enclosures; NERC CIP-015-1 utility wave; Stockholm office
9	Kabelwerk Eupen AG	TIER 1	V4	Specialty Radiating Cable & Coaxial Telecom Cable	Belgium	~$231M	Apr 27	115yr+ cable mfg; EUCARAY radiating cable for FRMCS/5G-R railway; Vector 4 EU platform
9	MacArtney Group	TIER 1	V4	Subsea Hybrid Power-Fiber Umbilical Cables + SUBCONN® Connectors	Denmark	~$101M	May 3	Vector 4 direct closure for offshore wind/ROV tether; SUBCONN® embedded in offshore wind globally
9	Dantherm Group	TIER 1	V2	Outdoor Climate Control & Thermal Mgmt — Telecom / BESS	Denmark	€100–150M	May 11	Pure-play outdoor thermal for telecom + military + BESS; Vector 2 thermal gap closure
9	hopf Elektronik GmbH	TIER 1	V3	Precision PTP Timing & GPS/GNSS Hardware	Germany	€8–12M	May 11	Germany's #2 timing OEM; PTP grandmaster + NTP + GPS/DCF77; 50+ yr timing IP; tuck-in vs Meinberg
9	Chronos Technology Ltd	TIER 1	V3	Precision Timing / GNSS Synchronization + eLoran	UK	~$23M	May 18	eLoran IP for GPS-denied CNI; Vector 3 timing backup to Meinberg; employee-owned transition
9	Mega Industries LLC	TIER 1	V4	High-Power RF Waveguide & Coaxial TX Line (WR28–WR2300)	US	~$25–40M	May 18	WR-series waveguide + Ferrite Microwave tuck-in; ITAR/AS9100D; LEO gateway Q/V-band demand
9	ARA (Antenna Research Associates)	TIER 1	V1	Federal SATCOM / RADAR / EW Antennas (HF–80 GHz)	US	$50–150M	May 1	CBP/Border Patrol customer; SATCOM/RADAR/EW; closes federal antenna vector
9	Cooper Antennas Ltd	TIER 1	V1	Military VHF/UHF/L-Band — Airborne & Vehicular	UK	£5–20M	May 2	Former Chelton/Cobham engineers; UK-NATO defense antenna; fills gap left by Chelton→TransDigm
9	Hascall-Denke	TIER 1	V1	Military Passive Antennas (HF/VHF/UHF/L/S/C/X-band)	US	$10–30M	May 4	Passive mil antennas; bolt-on to Andrew DoD/CBP channel; NDAA 5G military base mandate
9	Transtector Systems	TIER 1	V3	Telecom Tower Surge & Lightning Protection	US	$15–30M	Apr 29	Buy America-eligible tower surge protection; same MNO/towerco channel as Andrew
9	Jirous s.r.o.	TIER 1	V1	Passive Microwave Dish Antennas (6–38 GHz)	Czech Republic	€15–40M	Apr 28	Czech OEM for EU towercos/utilities in FRMCS early-deployment corridor
9	EWT Filters (Eastern Wireless TeleComm)	TIER 1	V3	RF Cavity Filters — MNO / Military / Space	US	$10–30M	Apr 28	BABA-compliant US cavity filters; Kaelus complement with domestic manufacturing

Showing representative TIER 1 candidates. Full 90-company list in Supabase acquisition_candidates table. Some PIPELINE/AMPHENOL-OWNED entries also score 9–10 and are included in Supabase only.

Geography Coverage

🇺🇸 United States 107

🇩🇪 Germany 24

🇬🇧 United Kingdom 21

🇫🇷 France 12

🇨🇦 Canada 9

🇨🇭 Switzerland 9

🇮🇹 Italy 8

🇩🇰 Denmark 5

🇯🇵 Japan 5

🇦🇺 Australia 5

🇪🇸 Spain 5

🇳🇱 Netherlands 4

🇸🇪 Sweden 4

🇹🇼 Taiwan 4

🇰🇷 Korea 3

🇨🇿 Czech Republic 3

🇮🇱 Israel 3

🇮🇳 India 3

🇧🇪 Belgium 2

🇬🇷 Greece 2

+ 15 more regions

Geographic diversity rule: no more than 2 US candidates per weekly run. US count is inflated by bulk initialization runs (April 26–27) which pre-seeded legacy pipeline targets.