160m – 10m
Bands
5 W
Output
2019
Introduced
Frequency0 - 38.4 MHz (entire HF spectrum direct sampling), TX: amateur HF bands 1.8 - 30 MHz (with N2ADR low-pass filter board)
Bands160m, 80m, 60m, 40m, 30m, 20m, 17m, 15m, 12m, 10m
TX power5 W (5W nominal TX output. RF1 port provides low-power TX only for external PA. Pairs well with Xiegu XPA125B for 70-80W.)
ModesAll modes via host software (SSB, CW, AM, FM, FT8, WSPR, RTTY, PSK31, etc.)
Weight300 g (10.6 oz) - ~300g estimated with enclosure. PCB-based design.
ConnectorSMA (ANT TX/RX main port + RF1 low-power TX only)
Year2019
Connectors
antenna mainSMA (ANT TX/RX — main antenna port)
antenna rf1SMA (RF1 — low-power TX only, for external PA)
ethernetRJ-45 Ethernet (NOT USB — use CAT 6/7, no Wi-Fi!)
cw keyCW key input
dc inDC 12V
power reqDC 12V. Good, stable power supply required.
open-source HF SDR transceiver at a fraction of ANAN-class SDR prices AD9866 broadband modem chip: 12-bit 80 MHz ADC and DAC (direct sampling — no analog mixer!) direct down/up conversion (DDC/DUC) architecture — based on HPSDR Hermes SDR project receives ENTIRE HF spectrum 0-38.4 MHz simultaneously (all bands at once!) 5W TX with band-selectable low-pass filter board (included in kit from community assemblers) Ethernet connected (NOT USB!) — CAT 6/7 recommended, NO Wi-Fi (UDP packet loss) FPGA-based DSP: up to 4 simultaneous RX 'slices' (stable gateware) — up to 6-10 with experimental gateware 6-band simultaneous FT8/FT4/WSPR skimmer with SparkSDR (decode 6 bands at once!) compatible with: Thetis (HPSDR), SDR Console, Quisk, SparkSDR, PowerSDR entirely open source hardware AND software — design files, gateware, schematics all on GitHub direct CW key input on board 12V DC powered (use a good, stable power supply) metal shim cooling included (thermal management for AD9866) community assemblers kit includes: main PCB (tested before shipping) + LPF board + enclosure community-driven development with active mailing list and wiki NOTE: for makers/RF amateurs — community assemblers does NOT provide usage help. Community support only.
Strengths

Strong HF SDR value for the money. 12-bit direct sampling receives the entire HF spectrum at once, with an FPGA supporting up to 4 (experimentally more) simultaneous RX slices and a 6-band FT8/WSPR skimmer. It connects over Ethernet (low latency, no USB limits), is open source throughout, and transmits 5 W QRP, with Thetis providing a full radio experience. One reviewer compared it to an ANAN at a quarter the price.

Weaknesses

5 W QRP only (an external PA is needed for 100 W). Ethernet only (no USB; a wired network or direct connection is required). Aimed at makers and amateurs (a community assembler provides no usage help). Group-buy availability (not always in stock). It needs a host computer (no standalone). A learning curve for SDR newcomers. No VHF/UHF.

Verdict

An open-source HF SDR transceiver with strong value. The Hermes-Lite 2 puts ANAN-class direct-sampling SDR performance into an affordable kit. Receive the entire HF spectrum at once, decode 6 bands of FT8 simultaneously, and transmit 5 W QRP, all from an open-source platform with an active community. For operators comfortable with SDR software who want HF performance per dollar, it is hard to beat.

The Hermes-Lite 2 is a remarkable open-source project: a low-cost HF software-defined transceiver that descends from the HPSDR/Hermes designs and is built around the Analog Devices AD9866 chip. It both receives and transmits — about 5 watts across the HF amateur bands — which, like any transmitter, requires an amateur radio license to use on the air. Note that it is HF only, with no 6-meter or VHF coverage.

Crucially, it is not a standalone radio: it has no front panel, knobs, or audio output. It connects to a computer over Ethernet, and software such as Quisk, Thetis, SparkSDR, or PowerSDR does all the tuning, demodulation, and display work. That network-attached design is actually a strength — it can be sited remotely at a good antenna location — but it does mean some computer setup. It supports multiple simultaneous receivers, and an add-on low-pass filter board is needed for clean transmitting.

Sold as assembled boards through the community for around the price of a good handheld, it is one of the best values in HF SDR for experimenters willing to put in the setup. The ELAD FDM-DUO is the polished, standalone-capable alternative at far higher cost, and the Red Pitaya is another board-level platform with SDR transceiver capability.