This circuit is a 555 timer IC connected as a square-wave generator. Its base frequency is approximately 45kHz, as detennined by the values of Rl, R2, and Cl. The 45-kHz carrier is frequency modulated by a modified trapizoidal voltage waveform applied to pin 5 of the 555 timer. That modulating voltage is developed by a network consisting of C2, R3, and R4 connected across one leg of the bridge rectifier. The sweep is approximately 20kHz on each side of the base frequency.