Filtronic points to more contracts in the pipeline as expansion takes shape

2025-04-14 11:52:13

Filtronic's headquarters at NETPark, Sedgefield

Communications tech firm Filtronic says it is in advanced discussions for yet more contracts in the space, aerospace and defence markets.

The growing County Durham business - which has operations in Leeds - told investors it hopes to share news of new work soon and has also secured some smaller development contract wins in recent months. Bosses pointed to wins in the space market, coming on the back of recent investment in plastic encapsulation machinery at its Sedgefield base which followed encouragement by its lead defence customer.

Ahead of the firm's annual general meeting, Filtronic said its manufacturing output has ramped up and quality requirements are being met following a flurry of orders under its agreement with rocket and satellite giant SpaceX. The work has been to support the US firm's gateway link roll

Recommend

Virgin Media O2 divests further stake in Cornerstone Towers to Equitix for £186m amidst revenue dip

2025-04-14 11:52:13

Fintech firm secures £1.35m prize at pitching competition

2025-04-14 11:52:13

Chancellor announces major investment in UK tech and creative sectors in Autumn Budget

2025-04-14 11:52:13

Durham tech firm Indigo Software snapped up by US firm in undisclosed deal

2025-04-14 11:52:13

Chief executive of one of Wales' leading tech firm IQE quits with immediate effect

2025-04-14 11:52:13

Australia to ban all social media for under-16s

2025-04-14 11:52:13

Wise's shares soar as customer growth fuels 51% profit surge, plans to cut fees further

2025-04-14 11:52:13

Chancellor Rachel Reeves' tax hikes 'punish risk-takers and could stifle innovation'

2025-04-14 11:52:13

Revenues and earnings rise at Vianet following investment in US business operations

2025-04-14 11:52:13

Manchester leaders join forces as Ladbible and Onthebeach founders back Fearless Adventures

2025-04-14 11:52:13