UK's Filtronic soars on $62.5 million SpaceX order

Filtronic

26/08/2025 08:08

** Shares of UK-based designer and manufacturer Filtronic FTC.L up 11.5% at 150 p

** Secures $62.5 mln order with SpaceX for co's proprietary gallium nitride E-band product

** Co says first production units to ship in FY2027, are expected to deliver material revenues in FY2027, FY2028

** Including session's moves, FTC up ~101% YTD

 (Reporting by Nithyashree R B in Bengaluru)

 ((NithyashreeRB@thomsonreuters.com))