If you would like to ask our webinar guest speakers from Blue Whale Growth Fund, Taseko Mines, Kavango Resources and CQS Natural Resources fund a question please submit them here.

 

Less Ads, More Data, More Tools Register for FREE

Pin to quick picksFiltronic Regulatory News (FTC)

Share Price Information for Filtronic (FTC)

London Stock Exchange
Share Price is delayed by 15 minutes
Get Live Data
Share Price: 52.00
Bid: 51.00
Ask: 53.00
Change: 3.00 (6.00%)
Spread: 2.00 (3.922%)
Open: 50.00
High: 53.00
Low: 53.00
Prev. Close: 50.00
FTC Live PriceLast checked at -

Watchlists are a member only feature

Login to your account

Alerts are a premium feature

Login to your account

New £3.4m LEO Space Market contract award

21 Sep 2023 07:00

RNS Number : 1083N
Filtronic PLC
21 September 2023
 

 

21 September 2023

Filtronic plc

("Filtronic" and the "Company")

 

FILTRONIC CONTINUES PENETRATION OF LEO SPACE MARKET WITH A NEW CONTRACT WIN

 

Filtronic plc (AIM: FTC), the designer and manufacturer of products for the aerospace, defence, telecoms infrastructure and space markets, is pleased to announce a new contract win with a leading global provider of low earth orbit ("LEO") satellite communications equipment.

 

The contract, valued at $4.25m (£3.4m), with revenue expected to be recognised in FY 2024, is for the supply of Filtronic's innovative Cerus32 solid state power amplifier ("SSPA") module combined with a customised control board. The SSPA modules will be installed in selected ground station locations for the second phase of the customer's earth station antenna deployment which is designed to provide full E-band connectivity to recently launched E-band enabled LEO satellites. This programme is the first time that high bandwidth E-band frequencies have been successfully utilised, in volume, in a commercial global LEO space application.

 

The Cerus Power Module incorporates Filtronic's unique MMIC chip design and proprietary power combining techniques to provide a small form factor amplifier module with scalable output powers ranging from 4W to >10W at E-band frequencies. Working closely with the customer's design team, Filtronic have been able to build on the success of the initial Cerus16 SSPA supplied earlier this year to provide a Cerus32 SSPA module that is optimised for ease of field deployment and future performance upgrade. The Cerus family of SSPA module products are available with a variety of power levels and can support the multiple frequency bands that are required in the growing number of LEO space applications.

 

Richard Gibbs, Chief Executive Officer, commented: "Having successfully delivered phase one of their E-band earth station antenna installation earlier this year, we are delighted to continue our collaboration with one of the leading global providers of LEO space solutions in the second phase of their E-band deployment programme. We are also pleased that the customer has selected the Cerus32 module from our technology roadmap for this next phase of their roll-out. The Cerus32 product provides higher performance, in a smaller and scalable form factor, and the option to further enhance output powers as next generation compound semiconductor technology becomes available later this year".

 

Enquiries:

Filtronic plc

Tel. 01740 618800 or investor.relations@filtronic.com

Richard Gibbs (Chief Executive Officer)

 

Michael Tyerman (Chief Financial Officer)

 

 

Cavendish Capital Markets Limited

Tel. 020 7220 0500

Jonny Franklin-Adams/George Dollemore (Corporate Finance)

Sunila de Silva (ECM)

 

 

Walbrook PR Limited

Tel. 020 7933 8780

Paul Vann/Joe Walker

Mob. 07768 807 631

filtronic@walbrookpr.com

 

This information is provided by RNS, the news service of the London Stock Exchange. RNS is approved by the Financial Conduct Authority to act as a Primary Information Provider in the United Kingdom. Terms and conditions relating to the use and distribution of this information may apply. For further information, please contact rns@lseg.com or visit www.rns.com.RNS may use your IP address to confirm compliance with the terms and conditions, to analyse how you engage with the information contained in this communication, and to share such analysis on an anonymised basis with others as part of our commercial services. For further information about how RNS and the London Stock Exchange use the personal data you provide us, please see our Privacy Policy.
 
END
 
 
CNTFLFSVATIIFIV
Date   Source Headline
28th Sep 20222:01 pmRNSPrice Monitoring Extension
28th Sep 202211:06 amRNSSecond Price Monitoring Extn
28th Sep 202211:00 amRNSPrice Monitoring Extension
12th Sep 20223:10 pmRNSPublication of Annual Report & Notice of AGM
2nd Aug 20227:00 amRNS2022 Audited Final Results
20th Jul 20224:40 pmRNSSecond Price Monitoring Extn
20th Jul 20224:35 pmRNSPrice Monitoring Extension
20th Jul 20222:05 pmRNSSecond Price Monitoring Extn
20th Jul 20222:00 pmRNSPrice Monitoring Extension
12th Jul 20228:00 amRNSHolding(s) in Company
11th Jul 20227:00 amRNSContract Win
7th Jul 20223:41 pmRNSHolding(s) in Company
4th Jul 20227:00 amRNSAerospace & Defence Contract Win
28th Jun 20227:00 amRNSNew Contract Win
20th Jun 20227:00 amRNSTrading Update & Notice of Final Results
15th Jun 20223:21 pmRNSHolding(s) in Company
7th Jun 20227:00 amRNSNew Contract Award
3rd May 20224:29 pmRNSChange of Registered Office
1st Apr 20222:17 pmRNSHolding(s) in Company
28th Mar 20222:11 pmRNSDirector/PDMR Dealing
17th Mar 20228:43 amRNSHolding(s) in Company
8th Mar 20221:36 pmRNSDirector/PDMR Dealing
28th Feb 20224:27 pmRNSExercise of Options and Issue of Equity
21st Feb 20224:03 pmRNSHolding(s) in Company
8th Feb 20227:00 amRNSHalf-Year Results to 30 November 2021
2nd Feb 202211:53 amRNSExercise of Options and Issue of Equity
2nd Nov 20217:00 amRNSAppointment of new Non-Executive Chairman
28th Oct 20213:14 pmRNSResult of AGM
28th Oct 20217:00 amRNSAGM Statement & Notice of Interim Results
21st Oct 20213:32 pmRNSHolding(s) in Company
20th Oct 20217:00 amRNSNew Contract Award
14th Sep 20211:06 pmRNSExercise of Options and Issue of Equity
8th Sep 20213:41 pmRNSPosting of Annual Report & Notice of AGM
3rd Aug 20217:00 amRNS2021 Final Results
16th Jul 20217:00 amRNSBrand Refresh
24th Jun 202112:32 pmRNSGrant of Options
17th Jun 20217:00 amRNSTrading Update and Notice of Results
9th Jun 20212:00 pmRNSPrice Monitoring Extension
7th Jun 20214:41 pmRNSSecond Price Monitoring Extn
7th Jun 20214:35 pmRNSPrice Monitoring Extension
7th Jun 20217:00 amRNSInitiation of research coverage by Edison
3rd Jun 20218:19 amEQSFiltronic (FTC): Initiation - Building a stronger connection
1st Jun 20213:51 pmRNSHolding(s) in Company
29th Apr 20211:35 pmRNSExercise of Options and Issue of Equity
29th Apr 20219:36 amRNSFiltronic wins 2021 Queen's Award for Enterprise
11th Mar 20211:07 pmRNSExercise of Options and Issue of Equity
4th Mar 20211:28 pmRNSDirector/PDMR Dealing
1st Mar 20214:02 pmRNSHolding(s) in Company
25th Feb 20212:06 pmRNSSecond Price Monitoring Extn
25th Feb 20212:00 pmRNSPrice Monitoring Extension

Due to London Stock Exchange licensing terms, we stipulate that you must be a private investor. We apologise for the inconvenience.

To access our Live RNS you must confirm you are a private investor by using the button below.

Login to your account

Don't have an account? Click here to register.

Quickpicks are a member only feature

Login to your account

Don't have an account? Click here to register.