Filtronic points to more contracts in the pipeline as expansion takes shape
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
Pensionbee's strategic US expansion backed by £20m funding as fintech eyes global pension market
2025-04-14 11:52:13
2025-04-14 11:52:13
Cyber security firm Tekgem doubles size of County Durham head office as demand grows
2025-04-14 11:52:13
2025-04-14 11:52:13
Virgin Media O2 divests further stake in Cornerstone Towers to Equitix for £186m amidst revenue dip
2025-04-14 11:52:13
2025-04-14 11:52:13
GB Group shares soar after interim trading results beat estimates
2025-04-14 11:52:13
2025-04-14 11:52:13
Howard de Walden Estate invests £52m in new Healthtech hub at Harley Street
2025-04-14 11:52:13
2025-04-14 11:52:13
Revolut takes on Square with new payment terminal for larger businesses
2025-04-14 11:52:13
2025-04-14 11:52:13
Maritime tech firm Succorfish moves into oil and gas sector
2025-04-14 11:52:13
2025-04-14 11:52:13
Fintech firm secures £1.35m prize at pitching competition
2025-04-14 11:52:13
2025-04-14 11:52:13
The £130m Investment Fund Wales has made its second equity investment
2025-04-14 11:52:13
2025-04-14 11:52:13
University spinout life sciences firm Llusern Scientific boosted with equity investment
2025-04-14 11:52:13
2025-04-14 11:52:13