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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
 
END
 
 
MSCBCGDIXGGBGUS
Date   Source Headline
3rd Jun 200810:12 amRNSHolding(s) in Company
2nd Jun 20084:51 pmRNSRule 8.3- Filtronic Plc - Rep
2nd Jun 20082:14 pmRNSRule 8.1- Filtronic Plc
2nd Jun 200811:49 amRNSEPT Disclosure
30th May 20084:17 pmRNSRule 2.10 announcement
30th May 20081:33 pmRNSStmnt re Filtronic Share Pric
27th May 20083:19 pmRNSHolding(s) in Company
20th May 20089:28 amRNSHolding(s) in Company
14th May 200810:58 amRNSHolding(s) in Company
6th May 200812:32 pmRNSRe. Special Dividend
14th Apr 20087:00 amRNSInterim Management Statement
2nd Apr 20082:43 pmRNSDirector/PDMR Shareholding
1st Apr 200811:17 amRNSHolding(s) in Company
1st Apr 200811:15 amRNSHolding(s) in Company
28th Mar 200812:19 pmRNSEGM Statement
26th Mar 20084:36 pmRNSHolding(s) in Company
6th Mar 20087:00 amRNSShareholder circular
3rd Mar 20087:00 amRNSDisposal completed
29th Feb 20083:20 pmRNSHolding(s) in Company
28th Feb 20087:00 amRNSRe. Pension Scheme
30th Jan 200810:15 amRNSDirector/PDMR Shareholding
28th Jan 20083:11 pmRNSDirector/PDMR Shareholding
22nd Jan 20081:39 pmRNSDirector/PDMR Shareholding
21st Jan 20087:00 amRNSInterim Results
21st Dec 200712:17 pmRNSHolding(s) in Company
20th Dec 200712:30 pmRNSSale of FCSL
7th Dec 200712:22 pmRNSHolding(s) in Company
7th Dec 20077:01 amRNSTrading Statement
30th Nov 20073:35 pmRNSSale of FCSL
30th Nov 20072:29 pmRNSHolding(s) in Company
28th Nov 20074:17 pmRNSHolding(s) in Company
26th Nov 20074:07 pmRNSHolding(s) in Company
26th Nov 20072:33 pmRNSHolding(s) in Company
2nd Nov 200712:45 pmRNSDisposal
26th Oct 20079:43 amRNSTotal Voting Rights
18th Oct 20077:01 amRNSBoard appointment
15th Oct 20077:01 amRNSDisposal
21st Sep 20072:36 pmRNSProxy Voting Results
21st Sep 20077:02 amRNSInterim Management Statement
11th Sep 20072:57 pmRNSTotal Voting Rights
10th Aug 200712:15 pmRNSNotice of AGM
9th Aug 200711:17 amRNSAnnual Report and Accounts
7th Aug 20072:50 pmRNSAnnual Information Update
2nd Aug 200710:38 amRNSHolding(s) in Company
31st Jul 20073:55 pmRNSTotal Voting Rights
23rd Jul 20077:00 amRNSFinal Results
13th Jul 20073:32 pmRNSChange of Registered Address
13th Jul 20073:05 pmRNSHolding(s) in Company
2nd Jul 20079:48 amRNSTotal Voting Rights
26th Jun 20074:28 pmRNSHolding(s) in Company

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