The VCO is based on a Hartley oscillator. The frequency is determined by L1 and capacitor C1. The Vtuning voltage will change the capacitance in the varactor BB132 wich will change the oscillation-frequency. The value of capacitor C2 will determine how much the frequency can be changed by the tuning voltage. The larger value the more the frequency will change. This VCO is based on two dual-gate FET. First FET is a Hartley oscillator where the frequency is determined by the value of L1, C1, C2 ....
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