 Thrane & Thrane is the world´s leading manufacturer of equipment and systems for global mobile communication based on sophisticated satellite and radio technology.
Since its incorporation in 1981, the company has established a strong position within global mobile communication solutions based on the Inmarsat system, and today Thrane & Thrane provides equipment for maritime, land-based and aeronautical use. The company´s products are sold throughout the world under the brands Thrane & Thrane, EXPLORER® and SAILOR® through distributors and partners and as OEM products.
Thrane & Thrane has approximately 800 employees and is listed on the Copenhagen Stock Exchange.
History and ownership
Thrane & Thrane was founded in 1981 by the twin brothers Lars and Per Thrane. The first cutting-edge product developed was a radiotelex modem for the Danish Ministry of Foreign Affairs. In the mid-1980s Thrane & Thrane shifted focus from radiotelex to mobile satellite communication when the company decided to develop maritime satellite terminals for Inmarsat, which is today the world's leading mobile satellite operator.
In the beginning of the 1990s, Thrane & Thrane started selling Inmarsat-C land earth stations and later on the company starter launching products targeting both the land mobile and aeronautical market.
In March 2001, Thrane & Thrane was listed on the Copenhagen Stock Exchange, and during the fall 2003 the company acquired its largest distributor in the US, LandSea Systems Inc. Under the name, Thrane & Thrane Inc., it is today Thrane & Thrane’s Northamerican sales office.
In the spring of 2004 Eurocom Industries A/S in Denmark, one of the world’s leading suppliers of equipment for maritime radio communication, was acquired. The acquisition secured Thrane & Thrane the position as the largest supplier of communications equipment for the maritime market.
Thrane & Thrane also has an office in Shanghai (China) to handle sales in the Far East.
In October 2006 Thrane & Thrane acquired the Norwegian company Nera SatCom. Nera SatCom has been renamed to Thrane & Thrane Norway.
Thrane & Thrane's largest shareholder is Lars Thrane, who owns 24% of the company’s share capital. Lars Thrane is a member of the Board of Directors and the Management Board. Since 1997 Per Thrane has not participated in the management of the company.
Since September 2007, Walther Thygesen has been CEO of Thrane & Thrane. |