M-tron Industries stock

M-tron Industries profile

By Jonathan Tauzerus · reviewed against primary sources · updated October 12, 2026.

M-tron Industries is an Orlando, Florida component maker, listed on NYSE American as MPTI, that sells rugged radio frequency (RF) filters and other frequency and spectrum control parts to defense contractors, including a prime building a U.S. air defense program.

What M-tron Industries does

M-tron Industries Designs and manufactures what the company calls highly engineered, high reliability frequency and spectrum control products, such as lumped element RF filters that pass the signal frequencies a system needs and block the ones it does not. Sells those parts to larger contractors rather than to the military directly.

In its August press release, an unnamed top U.S. defense prime placed the production order and folded the filters into a major air defense program.

Builds the parts in Orlando, Florida and Yankton, South Dakota, with a manufacturing site in Noida, India and a sales office in Hong Kong, so the revenue depends on how long a prime's program stays in production and how large each order is.

The product lines that define the company for research purposes:

Lumped element RF filters
Production filter supply to an unnamed U.S. air defense program via a top U.S. defense prime contractor

This profile is qualitative by design. It carries no share price, no price target, no valuation multiple, and no rating — those change faster than any page can honestly track, and the filings linked below are the authoritative source for them.

M-tron Industries drone lineup

The current public product record does not identify a complete aircraft lineup.

No complete-aircraft offering is catalogued for this company; it is tracked here as an unmanned-systems enabler.

Statuses are editorial classifications from the company’s current public catalog: active means currently presented for sale, delivery, or program work; development means publicly disclosed but not a mature production offering; legacy means retained for historical or installed-fleet coverage.

Recent contracts & awards

A dated log of the specific contracts, orders, funding, and deployments reported for M-tron Industries, each tied to its primary source. This is a record of what was announced — a "selection", "award", or "partnership" is not the same as obligated money, so read each source before treating a figure as revenue. No figure appears here unless a source reported it.

ContractAug 18, 2026$4.5M
M-tron Industries (MPTI) reports $4.5M production order for RF filters for a U.S. air defense program
M-tron Industries (NYSE American: MPTI) said on August 18, 2026 that an unnamed top U.S. defense prime contractor awarded it a $4.5 million, two-year production contract for rugged lumped element RF filters for an unnamed major U.S. air defense program, with work in Orlando, Florida through 2028.
The company said prior orders for this program covered twelve months and described the new order as a 50% increase in annual volume.
Because this is a subcontract from an unnamed prime, it is unlikely to appear in official DoD contract announcements, so researchers should check the figure, timing and backlog treatment against M-tron's SEC filings (8-K/10-Q) rather than relying on the press release alone.
StockTitan — original report

Is M-tron Industries going public?

M-tron Industries is already public and trades on NYSE American under the ticker MPTI, so there is no initial public offering (IPO) to track. Follow its SEC filings on EDGAR and its press releases for contract and order disclosures.

Where M-tron Industries sits in the value chain

M-tron Industries is an enabler: it supplies inputs to the companies that build complete systems, so its demand is spread across many platforms instead of concentrated in any single program.

Its disclosed activity spans aerial drones. That placement is the single most useful thing to fix in your head before reading any coverage, because the same headline means different things at different layers: a large platform award is transformative for a pure-play, material but diluted for a diversified contractor, and only indirectly relevant to a component supplier whose exposure arrives later as build-rate demand.

Retail coverage routinely applies one story to all three layers at once. For the layer-by-layer comparison across the sector, see the drone stocks research shortlist and the list of publicly traded drone companies.

What to watch

The signals worth tracking are structural, not price-based — they tell you whether the business is changing shape, which is what eventually shows up in the numbers.

Order length on this program: the August press release says the new order runs two years, against twelve months on earlier orders for the same program. Whether later orders keep the longer term shows how much visibility M-tron Industries gets from the prime.
Volume on this program: M-tron Industries described a 50% rise in annual volume on the new order. Later filings and releases will show whether that level holds.
Customer and program disclosure: the release names neither the prime contractor nor the air defense program. Any filing that names them, or that reports customer concentration, would show how much M-tron Industries depends on one buyer.
Footprint: defense work on this order is done in Orlando, while M-tron Industries also runs a manufacturing site in Noida, India. Disclosures on how defense and commercial work split across sites help explain capacity and export-control exposure.

How to research M-tron Industries

Every question below has one authoritative source, and using the wrong source is how most retail research goes wrong.

Research question	Where the answer lives	What to look for
How much of this is really drones?	Segment tables in the annual filing	Whether unmanned systems are reported as their own segment or buried inside a larger one.
Is the revenue repeatable?	Revenue-recognition policy and backlog discussion	Recurring sustainment, services, or subscription language versus one-time hardware sales.
Is a win real money?	Official DoD contract announcements	Contract type, awarding command, and whether the amount announced is obligated or a ceiling.
Can the balance sheet fund the plan?	Liquidity discussion and share-count disclosure	Dilution history and cash runway relative to the manufacturing scale-up being promised.

The contract details (prime unnamed, program unnamed, two-year term, Orlando work location, 50% annual volume increase) come from the M-tron Industries press release, available as a republished copy on StockTitan. The release does not say whether the air defense program is aimed at drones, so the counter-drone label here is a category placement, not a company claim.
Revenue mix, customer concentration, backlog, and risk factors belong in the annual and quarterly reports M-tron Industries files with the Securities and Exchange Commission (SEC). Search them on SEC EDGAR.
Product lines, facility list, and investor materials are on the M-tron Industries website. Check it to see which filter, oscillator, and spectrum control products the company lists for defense and space customers.
Because M-tron Industries is a subcontractor, this award will not show up as a direct Department of Defense contract announcement under its name. Prime-level awards for air defense programs appear on the Department of Defense contracts page, but linking any of them to this order requires the prime or program to be named first.

One failure mode is worth naming explicitly: a company announcement describing a "selection", "award", or "partnership" is not the same as obligated money, and the two are easy to conflate because they use the same vocabulary. Check the official record before treating either as revenue. Our full approach is documented on the methodology page.

M-tron Industries FAQ

What does M-tron Industries do?

Is M-tron Industries publicly traded?

M-tron Industries trades as MPTI on NYSE American. Listing status is not a quality signal, and nothing here is a recommendation to buy or sell it.

What should investors watch with M-tron Industries?

Order length on this program: the August press release says the new order runs two years, against twelve months on earlier orders for the same program. Whether later orders keep the longer term shows how much visibility M-tron Industries gets from the prime.

Where can I research M-tron Industries directly?

Go to the primary sources: M-tron Industries (official site), StockTitan — original report. Avoid aggregator summaries when the filing itself is available.