Filtronic - New contract with the European Space Agency
On the back of recent work Filtronic has undertaken to develop products for communication between low Earth orbit (LEO) satellites and ground stations, the company has won a contract worth £3.2m with the European Space Agency (ESA). Filtronic has started work on developing prototypes and expects to deliver the final hardware by 31 March 2025. The contract supports our FY24 estimates and we maintain our forecasts pending FY23 results on 1 August.Filtronic designs and manufactures customized radio frequency (RF), microwave and millimeter-wave components and subsystems. Co. operates two business segments: Filtronic Wireless, which designs and manufactures RF filters, microwave subsystems, and ultra wide band antennas for the mobile telecommunications industry; and Filtronic Broadband, which designs and manufactures millimeter-wave products as well as provides build to print manufacturing and testing services for microwave and millimeter-wave products. The product range for the Filtronic Broadband segment includes transceiver modules and multi-chip, surface mountable transceiver packages at microwave, E-band and V-band frequencies.
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