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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
25th Jun 20073:00 pmRNSCompound Semiconductor update
19th Jun 20074:07 pmRNSHolding(s) in Company
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14th Feb 20074:15 pmRNSHolding(s) in Company
5th Feb 200710:56 amRNSDirector/PDMR Shareholding
29th Jan 20077:02 amRNSInterim Results
26th Jan 20072:52 pmRNSHolding(s) in Company
18th Dec 20064:23 pmRNSTotal Voting Rights
14th Dec 20069:44 amRNSHolding(s) in Company
12th Dec 20067:01 amRNSSale of Powerwave Shares
11th Dec 20067:02 amRNSTrading update
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6th Dec 20064:02 pmRNSSale of Powerwave Stock
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20th Nov 20067:01 amRNSBoard Changes
1st Nov 20067:01 amRNSAppointment of CEO
24th Oct 20067:00 amRNSTransaction in Own Shares
19th Oct 20062:57 pmRNSAnnual Information Update
16th Oct 200612:00 pmBUSPowerwave Technologies Completes Purchase of the Wireless Infrastructure Business of Filtronic plc
16th Oct 20067:01 amRNSDisposal Completion
6th Oct 20065:04 pmRNSHolding(s) in Company
5th Oct 200610:21 amRNSHolding(s) in Company
5th Oct 200610:08 amRNSHolding(s) in Company
3rd Oct 20063:30 pmRNSDirector/PDMR Shareholding
29th Sep 200611:00 amRNSAGM Statement
29th Sep 200610:17 amRNSEGM Statement
15th Sep 20064:44 pmRNSSecond Price Monitoring Extn
15th Sep 20064:38 pmRNSPrice Monitoring Extension
6th Sep 20063:18 pmRNSCirc re. Disposal
5th Sep 200612:00 pmRNSDisposal update
31st Aug 20067:01 amRNSAnnual Report and Accounts
7th Aug 20064:08 pmRNSHolding(s) in Company
31st Jul 20067:02 amRNSBoard Changes
31st Jul 20067:02 amRNSFinal Results
26th Jul 200612:17 pmRNSNotice of Results
14th Jul 200612:58 pmRNSBoard Appointment
30th Jun 20064:20 pmRNSHolding(s) in Company
30th Jun 20063:20 pmRNSHolding(s) in Company
20th Jun 200612:13 pmRNSHolding(s) in Company
19th Jun 20061:07 pmRNSAdditional Listing
13th Jun 20063:46 pmRNSHolding(s) in Company
12th Jun 200612:00 pmRNSDisposal

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