BKTI | Market Cap: $312.3M (07/13/26)
Industry:
Hardware

DESCRIPTION

BK Technologies makes two-way land mobile radios (LMRs) for public safety and government customers, including police, fire, EMS, wildland firefighters, and military personnel. BK's radios are ruggedized, P25-compliant (a digital standard enabling interoperability across agencies), and sold primarily to U.S. federal, state, and local government agencies. BK sells directly to end users and through two-way communications dealers. BK's two core products are the BKR 5000, a single-band VHF portable radio, and the BKR 9000, an all-band multiband portable radio launched in 2023 that operates across VHF, UHF, and 700-800 MHz bands. The 9000 sells for roughly $2,500/unit at significantly higher margins than the 5000, and the mix shift toward the 9000 has been the primary driver of BK's margin expansion. BK manufactures through a contract model via EastWest Manufacturing, with production in Mexico and Vietnam. Beyond hardware, BK offers BK ONE Solutions, a small but growing portfolio of software and accessories for first responders, including InteropONE, a push-to-talk-over-cellular SaaS app, LocateONE for GPS tracking, and RelayONE, a portable repeater kit. BK's growth strategy centers on expanding BKR 9000 adoption, launching the BKR 9500 multiband vehicle-mounted radio in 2027, and building out recurring software revenue through BK ONE Solutions.

Read full business overview →