UK's Filtronic rises after follow-on $68.1 million order with SpaceX
01/10/2026 09:21
BUZZ-UK's Filtronic rises after follow-on $68.1 million order with SpaceX ** Shares of UK-based designer and manufacturer Filtronic FTC.L up 7.4% at 255p
** Company secures $68.1 million follow-on order with SpaceX for the supply of its Cerus E-band gallium nitride Solid State Power Amplifier units
** Says new order expected to be materially fulfilled during FY 2028, underpins board's expectations for fiscal year 2028, providing stronger visibility over future revenue
** Including session's moves, Filtronic stock up ~45%, YTD
(Reporting by Jahanvi Kothari in Bengaluru)