Less Ads, More Data, More Tools Register for FREE

Pin to quick picksFiltronic Regulatory News (FTC)

Share Price Information for Filtronic (FTC)

Share Price is delayed by 15 minutes
Get Live Data
352.50    -50.00 (-12.82%)
Bid:
350.00
Ask:
355.00
Spread: 5.00 (1.429%)
Market Cap: £747.81m
FTC Live PriceLast checked at - London Stock Exchange

Intraday Filtronic Share Chart

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
1st Dec 20234:39 pmRNSGrant of Options
23rd Nov 20237:00 amRNSPresentations at Mello Investor Conference
26th Oct 20232:25 pmRNSResult of AGM
26th Oct 20237:00 amRNSAGM Trading Update & Notice of Results
6th Oct 202310:58 amRNSHolding(s) in Company
6th Oct 20237:00 amRNSDirector Dealing
21st Sep 20237:00 amRNSNew £3.4m LEO Space Market contract award
20th Sep 20237:00 amRNSNotice of AGM & Posting of Annual Report
19th Sep 20237:00 amRNSChange of Auditor
18th Sep 20237:00 amRNSGrant Funding Project Win
1st Aug 20237:00 amRNSFinal Results
21st Jul 20237:00 amRNSNew £3.2m Contract Award by European Space Agency
4th Jul 20231:11 pmRNSHolding(s) in Company
23rd Jun 20237:00 amRNSTrading Update & Notice of Final Results
23rd May 20237:00 amRNSHolding(s) in Company
22nd May 20233:05 pmRNSHolding(s) in Company
20th Apr 20237:00 amRNSNew 5G Contract Award
6th Apr 202310:25 amRNSHolding(s) in Company
3rd Apr 20237:00 amRNSNew Contract Award
7th Mar 20234:45 pmRNSHolding(s) in Company
8th Feb 202310:08 amRNSDirector/PDMR Dealing
7th Feb 20233:46 pmRNSDirector/PDMR Dealing
7th Feb 20237:00 amRNSInterim Results
31st Jan 20237:00 amRNSNew Contract Award and Trading Update
13th Jan 202311:00 amRNSHolding(s) in Company
9th Dec 20224:40 pmRNSSecond Price Monitoring Extn
9th Dec 20224:35 pmRNSPrice Monitoring Extension
11th Nov 202211:33 amRNSExercise of Options and Issue of Equity
27th Oct 202211:44 amRNSResult of AGM
27th Oct 20227:00 amRNSAGM Statement & Notice of Interim Results
24th Oct 202211:05 amRNSHolding(s) in Company
28th Sep 20222:06 pmRNSSecond Price Monitoring Extn
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

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.