Draft:Eagle Electronics

Eagle Electronics is an American electronics manufacturer that specializes in producing cellular connectivity modules (including IoT, automotive, 4G and 5G modules) made in the United States. The company operates a manufacturing facility in Solon, Ohio.[1]

History and background

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Eagle Electronics was founded in March 2024 by venture capitalists Mark Kvamme (Chairman) and TJ Dembinski (Chief Executive Officer) with support from The O.H.I.O. Fund and Asymmetric Capital Partners, raising approximately $14 million in initial funding.[2]

In December 2024, the company announced plans to build an advanced electronics manufacturing facility in Solon, Ohio, using automated surface-mount technology (SMT) equipment to produce domestically made cellular modules.[3]

The company was able to get to market quickly by licensing technology from Quectel Technologies, given geopolitical pressures on Quectel’s North American operations. Eagle used this as the starting point to gather intellectual property and build what it describes as the only American-built cellular module supplier.[4]

Products

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Eagle Electronics produces a range of connectivity modules, including:

  • IoT modules, such as I421-AF, I425-AF, I490, I4915Q, I4916Q, I470.[5]
  • 4G modules, including LTE Cat-1, Cat-4, Cat-M, NB2, and Advanced variants.[6]
  • 5G modules, such as I5650V (IoT) and AG555Q-GL (automotive).[7]
  • Wi-Fi/Bluetooth modules, including AW51Y, AW68E, IW060N, IWO66X.[8]

Modules are designed to be pin-compatible with existing devices, enabling seamless integration with established hardware.[4] Additionally, the AW51Y and AW68E modules are compact, SMT-packaged solutions optimized for automotive and size-sensitive applications.[8]

Business model and partnerships

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Eagle Electronics positions itself as "the only company producing American-built cellular modules," focusing on onshore manufacturing to strengthen U.S. technological supply chains and ensure regulatory compliance.[3]

The company has partnered with Quectel, a global IoT module supplier, to license its manufacturing technology and source code—a pivotal move in shifting production to U.S. soil.[3][2]

Additionally, Eagle collaborates with Finite State to audit and ensure the security of hardware and firmware, aiming to deliver cyber-secure components.[3]

In addition to onshoring production, Eagle is building out R&D teams to develop proprietary software support and hardware designs over time.[9]

Significance and context

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The launch of Eagle Electronics aligns with broader U.S. onshoring efforts, particularly amid geopolitical trade tensions and regulatory proposals like the Connected Vehicle Rule, which aim to reduce reliance on foreign-made connectivity components.[3][9]

In March 2025, Eagle began production of the first 4G cellular modules manufactured in the United States, marking a milestone in U.S. electronics manufacturing.[10]

References

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  1. ^ "Eagle Electronics company information, funding & investors". Dealroom.co. 1 Dec 2024.
  2. ^ a b "Scoop: Ohio startup raises $14 million to on-shore cellular module manufacturing". Axios. 3 Dec 2024.
  3. ^ a b c d e "Startup Eagle Electronics to build Ohio manufacturing facility". Manufacturing Dive. 17 Dec 2024.
  4. ^ a b "About American Made Eagle Electronics". Eagle Electronics.
  5. ^ "Eagle Electronics IoT modules". Eagle Electronics.
  6. ^ "Eagle Electronics 4G modules". Eagle Electronics.
  7. ^ "Eagle Electronics 5G modules". Eagle Electronics.
  8. ^ a b "Eagle Electronics Wi-Fi / Bluetooth modules". Eagle Electronics.
  9. ^ a b "Axios Pro Rata: Ohio onshoring". Axios. 3 Dec 2024.
  10. ^ "The fascinating story behind cellular module maker Eagle Electronics". The O.H.I.O. Fund. 25 Mar 2025.