REG - Filtronic PLC - New 5G Contract Award

FiltronicAnnouncement

20/04/2023 07:00

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RNS Number : 8865W  Filtronic PLC  20 April 2023

 

 

20 April 2023

Filtronic plc

("Filtronic")

 

New 5G Contract Award

 

Filtronic's Morpheus X2 product enables significant breakthrough in 5G
backhaul communications for the telecoms infrastructure market

 

Filtronic plc (AIM: FTC), the designer and manufacturer of products and
sub-systems for the aerospace, defence, telecoms infrastructure, space, and
critical communications markets, is pleased to announce a new contract win
with a leading global provider of 5G telecoms infrastructure equipment.

 

The initial production contract, valued at $1.1m (£0.9m), is designed to
facilitate the global launch of a product that significantly extends the range
of E-band point to point radio by providing an additional 3 decibel-milliwatts
of linear output power. In practical terms this increases the line-of-sight
transmission distance of an existing outdoor unit ("ODU") within a mobile base
station up to 12km, a distance that would normally require multiple repeater
stations, or more typically the installation of an optical fibre cable. The
initial Morpheus X2 production order will be shipped in FY2024, with further
production volumes forecast in FY2025.

 

The Morpheus X2 high power module was developed rapidly in only six months
using Filtronic's proprietary, next generation, power amplifier chipsets,
combined with innovative packaging technology and the established Filtronic
in-house hybrid manufacturing capability. This breakthrough, facilitating
improvements to range and backhaul capacity in 5G infrastructure, is enabled
from the intellectual property belonging to Filtronic. The product can be
customised to meet the needs of different radio and ODU manufacturers.

 

Richard Gibbs, Chief Executive Officer, commented: "We are delighted to
secure an initial production order for our Morpheus X2 E-band transceiver from
one of the world's largest 5G telecoms infrastructure equipment suppliers.
Working closely with our customer's design team we were able to apply our
unique power amplifier IP and E-band design expertise to deliver a high-power
ODU solution that will change the way in which 5G networks are deployed. We
look forward scaling up the manufacture of Morpheus X2 solutions in 2024 and
beyond.

 

 

Enquiries:

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

 finnCap Limited                                            Tel. 020 7220 0500
 Jonny Franklin-Adams/George Dollemore (Corporate Finance)
 Alice Lane / Sunila de Silva (ECM)

 Walbrook PR Limited                                        Tel. 020 7933 8780 or filtronic@walbrookpr.com
                                                            (mailto:filtronic@walbrookpr.com)
 Paul Vann/Joe Walker                                       Mob. 07768 807 631

 

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

 

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