In this paper we study spectra and Fredholm properties of Ornstein-Uhlenbeck operators where is a rotating wave profile with as , is smooth, has eigenvalues with positive real parts and commutes with the limit matrix . The matrix is assumed to be skew-symmetric with eigenvalues . The spectra of these linearized operators are crucial for the nonlinear stability of rotating waves in reaction diffusion systems. We prove under suitable conditions that every satisfying the dispersion relation belongs to the essential spectrum in . For values to the right of the spectral bound for we show that the operator is Fredholm of index , solve the identification problem for the adjoint operator , and formulate the Fredholm alternative. Moreover, we show that the set belongs to the point spectrum in . We determine their eigenfunctions and show that they decay exponentially in space. As an application we analyze spinning soliton solutions which occur in the Ginzburg-Landau equation and compute their numerical spectra as well as associated eigenfunctions.

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