arXiv:2610.12142v1 Announce Type: cross Abstract: Electromagnetic spectrum monitoring increasingly requires flexible analysis beyond task-specific recognition and detection. Multimodal large language models offer a unified interface, but extending vision-language models (VLMs) to raw I/Q signals requires tokenization that balances fidelity against a strict budget. For signals, dense encoding causes token costs to grow with observation length, whereas fixed-resolution compression may discard short-duration or localized signal evidence. Thus, we propose \textbf{BATok}, a budget-adaptive signal tokenizer that adjusts token capacity to the input length while allocating that capacity according to the signal content. BATok constructs candidate representations from signal-derived features using lightweight multi-resolution branches, then combines a local energy prior with learnable queries to resample these representations into compact signal tokens. The number of tokens adapts to the input length while remaining strictly bounded. The resulting tokens are projected into the language embedding space of VLMs. We further introduce \textbf{EMSpec-Instruct}, a multimodal instruction dataset aligning raw I/Q signals, waterfall images, and language supervision for modulation recognition, structured detection, and language-conditioned signal grounding. Experiments show that BATok learns effective signal representations and achieves competitive performance across all tasks.