REG - Filtronic PLC - Further Contract Win with SpaceX

FiltronicAnnouncement

10/02/2025 07:00

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RNS Number : 4267W  Filtronic PLC  10 February 2025

 

 

10 February 2025

Filtronic plc

 

Further Contract Win with SpaceX

 

Filtronic plc (AIM: FTC), the designer and manufacturer of products for the
aerospace, defence, space and telecoms infrastructure markets, is pleased to
announce a significant new contract win with SpaceX valued at $20.9m
(£16.8m), to be fulfilled in both FY2025 and FY2026.

 

Consequently, the Board is now confident the business will exceed current
market expectations for revenue and profit in both FY2025 and FY2026.

 

Nat Edington, Chief Executive Officer, commented: "We are delighted to have
secured this substantial order, which underscores Filtronic's reputation for
delivering high-performance RF solutions to our market leading customer. This
contract, alongside our growing momentum in strategic markets, provides us
with increased confidence in our ability to exceed our growth targets for
FY2025 and FY2026".

 

Enquiries:

 Filtronic plc                                                 Tel. 01740 618800 or investor.relations@filtronic.com
                                                               (mailto:investor.relations@filtronic.com)
 Nat Edington (Chief Executive Officer)
 Michael Tyerman (Chief Financial Officer)

 Cavendish Capital Markets Limited                             Tel. 020 7220 0500
 Jonny Franklin-Adams, Isaac Hooper, Trisyia Jamaludin (Corporate Finance)
 Sunila de Silva, Ondraya Swanson (Corporate Broking)

 Walbrook PR Limited                                           Tel. 020 7933 8780 or filtronic@walbrookpr.com
                                                               (mailto:filtronic@walbrookpr.com)
 Nick Rome/Joe Walker

 

 

Note: This announcement contains inside information which is disclosed in
accordance with the Market Abuse Regulation.

 

 

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