Core Insights - Airspan Networks Holdings LLC reported strong financial results for Q4 and full year 2025, with significant growth in revenue, profitability, and backlog as it enters 2026 with strong momentum [1][5]. Financial Performance - Q4 revenue reached $45 million, while full year revenue exceeded $115 million, indicating a growth of over 20% year over year [5]. - The company achieved full year operating profitability, with earnings accelerating each quarter [5]. - Airspan entered 2026 with a robust backlog of $70 million and anticipates revenue growth of 25% to 30% in 2026 based on the backlog and current revenue run-rate [5]. Business Segments - Airspan operates across three main business areas: In-Building Networks, Open RAN Networks, and Air-to-Ground (ATG) [2][3]. - The company has made significant progress in targeting mobile network operators, private networks, and critical communications, including public safety and defense technology [2]. Strategic Acquisitions and Partnerships - In 2025, Airspan completed two major acquisitions: Corning's Wireless business and Jabil's radio portfolio, enhancing its capabilities and market access [6]. - The integration of Corning's business included its Digital DAS portfolio and in-building RAN solutions, leading to over 20% growth in bookings year over year in the in-building segment [6]. - Airspan secured a $42.7 million NTIA Grant to accelerate 5G Open RAN technology development in the US and won a strategic Open RAN radio deal with Rakuten Mobile for deployment starting in 2026 [6]. Product Launches and Innovations - The company successfully launched the world's first 5G air-to-ground network in collaboration with Gogo [6]. - A partnership with Space Compass in Japan was announced to deploy a 5G air-to-ground system for high-altitude platforms (HAPs) aimed at maritime surveillance [6].