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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
12th Jun 200612:00 pmRNSDisposal
8th Jun 20062:20 pmRNSHolding(s) in Company
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6th Jun 200610:22 amRNSHolding(s) in Company
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22nd May 20062:05 pmRNSHolding(s) in Company
18th May 200611:02 amRNSHolding(s) in Company
5th May 20068:32 amRNSUpdate to disposal negs.
5th May 20067:01 amRNSRe disposal negotiations
11th Apr 20062:22 pmRNSHolding(s) in Company
11th Apr 20061:43 pmRNSHolding(s) in Company
10th Apr 200610:56 amRNSHolding(s) in Company
6th Apr 200612:10 pmRNSHolding(s) in Company
17th Mar 20069:12 amRNSDirector/PDMR Shareholding
9th Mar 20069:34 amRNSHolding(s) in Company
7th Mar 20069:44 amRNSHolding(s) in Company
9th Feb 200610:36 amRNSHolding(s) in Company
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30th Jan 20067:02 amRNSDirectorate Change
30th Jan 20067:01 amRNSInterim Results
24th Jan 20064:19 pmRNSStatement re. IFRS
9th Jan 20069:30 amRNSNotice of Results
9th Dec 20057:01 amRNSTrading Statement
2nd Dec 200511:00 amRNSDirectorate Change
17th Nov 20057:01 amRNSInvestor Day
10th Nov 200510:12 amRNSHolding(s) in Company
9th Nov 20052:09 pmRNSHolding(s) in Company
31st Oct 200510:19 amRNSHolding(s) in Company
27th Oct 200510:35 amRNSHolding(s) in Company
18th Oct 20054:28 pmRNSAnnual Information Update-Rep
18th Oct 200512:12 pmRNSAnnual Information Update
17th Oct 200512:38 pmRNSHolding(s) in Company
13th Oct 200511:51 amRNSDirector/PDMR Shareholding
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30th Sep 20057:03 amRNSAGM Statement
26th Sep 20055:03 pmRNSHolding(s) in Company
9th Sep 20053:23 pmRNSHolding(s) in Company
5th Sep 200510:33 amRNSEGM Statement
2nd Sep 20054:53 pmRNSAnnual Report and Accounts
26th Aug 20053:52 pmRNSHolding(s) in Company
18th Aug 20055:14 pmRNSHolding(s) in Company
17th Aug 20055:20 pmRNSHolding(s) in Company
11th Aug 20052:59 pmRNSHolding(s) in Company
11th Aug 20052:47 pmRNSHolding(s) in Company

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