Abstract: A voltage controlled oscillator (VCO) circuit (10) for operating at low supply voltages has been provided. The VCO circuit includes an oscillation stage which utilizes a negative resistance technique for oscillation and includes a first inductor (38) for allowing the oscillation stage to operate at low supply voltages. The VCO circuit also includes an output stage which includes a second inductor (52) and a first capacitor (51) for allowing the output resistance of the VCO circuit to be adjusted for maximum output drive capability.