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Update and Contract Win

5 Aug 2015 07:00

RNS Number : 1118V
Filtronic PLC
05 August 2015
 



 

Filtronic plc

("Filtronic" or the "Company")

 

Update and Contract Win

Filtronic plc (LSE: FTC), the designer and manufacturer of microwave electronics products for the wireless telecoms infrastructure market, is pleased to provide the following update.

In our announcement of 28 January 2015, we indicated that technical issues had been encountered in the development of the integrated antenna product. We are pleased to announce that, having supplied a pre-production batch of products to our customer in March and April and following a number of tests by our customer and by a major US operator, these issues have been successfully resolved.

We are pleased to announce that the Wireless business has received production tooling orders totalling $265,000 from our customer, a major telecoms industry OEM for Ultra Wide Band integrated antennas.

The receipt of production tooling orders will enable Filtronic to bring the product into a volume manufacturing ready state and it is anticipated that production orders will follow the completion of the tooling orders.

The Broadband business continues to focus on developing proprietary E-band transceiver modules for Mobile Telecommunications backhaul applications and on providing build to print services to related markets. Our latest generation E-band transceiver, Orpheus, has been demonstrated to operate at a best in class >4Gbps at 256QAM and we are pleased to report that initial production orders have recently been received from a major OEM for this product. We can also confirm that Filtronic Broadband have been selected to manufacture, on a build to print basis, E-band transceivers based on an alternate chipset.

The Board continues to evaluate measures to strengthen the Company's balance sheet. Further details will be announced in due course.

Enquiries:

Filtronic plc

www.filtronic.co.uk

Howard Ford, Chairman

0113 220 0000

Rob Smith, CEO

 

 

 

Panmure Gordon (UK) Limited

020 7886 2500

Dominic Morley

 

 

 

Walbrook PR Limited

020 7933 8780 or filtronic@walbrookpr.com

Helen Cresswell

07841 917 679

Paul Cornelius

07866 384 707

 

This information is provided by RNS
The company news service from the London Stock Exchange
 
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MSCBCGDIXGGBGUS
Date   Source Headline
1st Dec 20097:00 amRNSChange of Adviser
18th Nov 20091:32 pmRNSHolding(s) in Company
18th Nov 20091:29 pmRNSHolding(s) in Company
16th Nov 20094:40 pmRNSSecond Price Monitoring Extn
16th Nov 20094:35 pmRNSPrice Monitoring Extension
5th Nov 20092:23 pmRNSHolding(s) in Company
3rd Nov 20094:13 pmRNSHolding(s) in Company
18th Sep 20091:58 pmRNSDirectorate Change
18th Sep 20091:42 pmRNSResult of AGM
18th Sep 200910:45 amRNSInterim Management Statement
7th Sep 20099:52 amRNSDirector/PDMR Shareholding
20th Aug 20097:00 amRNSDirectorate Change
12th Aug 20093:48 pmRNSHolding(s) in Company
12th Aug 20093:28 pmRNSHolding(s) in Company
10th Aug 20092:53 pmRNSHolding(s) in Company
5th Aug 20094:00 pmRNSAnnual Financial Report
3rd Aug 200911:48 amRNSDirector/PDMR Shareholding
30th Jul 20091:34 pmRNSDirector/PDMR Shareholding
30th Jul 20099:12 amRNSHolding(s) in Company
27th Jul 200912:29 pmRNSHolding(s) in Company
27th Jul 200910:48 amRNSRe Contract
27th Jul 20097:00 amRNSFinal Results
23rd Jul 20099:18 amRNSHolding(s) in Company
25th Jun 20092:31 pmRNSHolding(s) in Company
11th Jun 20094:14 pmRNSHolding(s) in Company
10th Jun 20097:00 amRNSTrading Update
5th May 20093:33 pmRNSHolding(s) in Company
20th Apr 200910:03 amRNSHolding(s) in Company
15th Apr 20097:00 amRNSInterim Management Statement
5th Mar 20094:40 pmRNSSecond Price Monitoring Extn
5th Mar 20094:36 pmRNSPrice Monitoring Extension
26th Feb 200911:39 amRNSGrant of Options
3rd Feb 20094:40 pmRNSSecond Price Monitoring Extn
3rd Feb 20094:35 pmRNSPrice Monitoring Extension
26th Jan 20092:34 pmRNSHolding(s) in Company
19th Jan 20097:00 amRNSInterim Results
12th Jan 20094:00 pmRNSHolding(s) in Company
12th Jan 20092:48 pmRNSHolding(s) in Company
12th Jan 200910:36 amRNSHolding(s) in Company
6th Jan 20093:03 pmRNSHolding(s) in Company
22nd Dec 20083:06 pmRNSHolding(s) in Company
15th Dec 200810:19 amRNSHolding(s) in Company
10th Dec 20083:12 pmRNSHolding(s) in Company
8th Dec 20087:00 amRNSTrading Statement
5th Dec 20081:05 pmRNSBoard change
14th Nov 20082:02 pmRNSHolding(s) in Company
13th Nov 200810:47 amRNSHolding(s) in Company
7th Nov 200811:48 amRNSEPT Disclosure
6th Nov 20081:04 pmRNSTrading Statement
6th Nov 200812:21 pmRNSStatement re Possible Offer

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