SECURITIES AND EXCHANGE COMMISSION
                             Washington, D.C. 20549



                                    FORM 8-K

                                 CURRENT REPORT

                       Pursuant to Section 13 or 15(d) of
                       the Securities Exchange Act of 1934




                                 January 9, 2003
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                Date of Report (Date of earliest event reported)



                                  M-Wave, Inc.
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             (Exact name of registrant as specified in its charter)



          Delaware                    33-45499                  36-3809819
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(State or other jurisdiction        (Commission                (IRS Employer
     of incorporation)               File Number)            Identification No.)



                 475 Industrial Drive, West Chicago, Illinois     60185
               ------------------------------------------------------------
                (Address of principal executive offices)       (Zip Code)



                                 (630) 562-5550
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                         (Registrant's telephone number)









ITEM 5.  OTHER EVENTS.

         On January 9, 2003 M-Wave, Inc. announced expected fourth quarter
revenue at between $3.0 million and $3.5 million and other matters. The full
text of M-Wave, Inc.'s January 9, 2003 press release is attached hereto as
Exhibit 99.1 and is incorporated herein by reference.

ITEM 7.   FINANCIAL STATEMENTS, PRO FORMA FINANCIAL INFORMATION AND EXHIBITS.

    (a)   Exhibits

          99.1     Press Release issued by M-Wave, Inc. dated January 9, 2003.




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                                    SIGNATURE


         Pursuant to the requirements of the Securities and Exchange Act of
1934, the registrant has duly caused this report to be signed on its behalf by
the undersigned hereunto duly authorized.

Date:  January 9, 2003

                                         M-WAVE, INC.


                                         By: /s/ PAUL H. SCHMITT
                                             -----------------------------------
                                              Name:     Paul H. Schmitt
                                              Title:    Chief Financial Officer











                                  EXHIBIT INDEX




     EXHIBIT                        DESCRIPTION
       NO.                          -----------
       ---

       99.1         Press Release issued by M-Wave, Inc. dated January 9, 2003






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