Filtronic (FTC)

Sector:

IT Hardware

Index:

FTSE AIM All-Share

135.50p
   
  • Change Today:
    -10.50p
  • 52 Week High: 146.00
  • 52 Week Low: 59.00
  • Currency: UK Pounds
  • Shares Issued: 219.00m
  • Volume: 5,948,131
  • Market Cap: £296.75m
  • RiskGrade: 247
  • Beta: 0.00

Filtronic secures ESA 5G satellite programme contract

By Josh White

Date: Thursday 24 Apr 2025

LONDON (ShareCast) - (Sharecast News) - Filtronic has secured a new contract to support the development of next-generation space-based communications technology, it announced on Thursday, as part of the European Space Agency and Viasat's Direct-to-Device (D2D) initiative.
The AIM-traded firm said the agreement would see it collaborate with Viasat on the design of advanced feeder link systems for an open architecture low Earth orbit network aimed at delivering 5G non-terrestrial services directly to handheld devices.

Under the ESA's ARTES 4.0 programme, Filtronic would provide high-power radio frequency solutions critical to both satellite payloads and ground stations.

The company said its expertise in high-performance solid state power amplifiers would play a key role in enabling the high-throughput, bidirectional feeder links essential to the network's operation.

"We are proud to contribute our expertise in high-power RF technology to this groundbreaking project," said chief executive officer Nat Edington.

"As demand for seamless, global connectivity grows, our advanced mmWave solutions will play a vital role in enabling high-capacity, non-terrestrial networks.

"We are excited to work alongside Viasat and ESA to shape the future of space-based communications."

At 1115 BST, shares in Filtronic were down 0.12% at 94.89p.

Reporting by Josh White for Sharecast.com.

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Note 1: Prices and trades are provided by Digital Look Corporate Solutions and are delayed by at least 15 minutes.

Note 2: RiskGrade figures are provided by RiskMetrics.

 

Filtronic Market Data

Currency UK Pounds
Share Price 135.50p
Change Today -10.50p
% Change -7.19 %
52 Week High 146.00
52 Week Low 59.00
Volume 5,948,131
Shares Issued 219.00m
Market Cap £296.75m
Beta 0.00
RiskGrade 247

Filtronic Star Ratings

Compare performance with the sector and the market.
more star ratings
Key: vs Market vs Sector
Value
91.78% below the market average91.78% below the market average91.78% below the market average91.78% below the market average91.78% below the market average
91.67% below the sector average91.67% below the sector average91.67% below the sector average91.67% below the sector average91.67% below the sector average
Price Trend
98.49% above the market average98.49% above the market average98.49% above the market average98.49% above the market average98.49% above the market average
100.00% above the sector average100.00% above the sector average100.00% above the sector average100.00% above the sector average100.00% above the sector average
Income Not Available
Growth
99.22% above the market average99.22% above the market average99.22% above the market average99.22% above the market average99.22% above the market average
100.00% above the sector average100.00% above the sector average100.00% above the sector average100.00% above the sector average100.00% above the sector average

Filtronic Dividends

No dividends found

Trades for 06-Jun-2025

Time Volume / Share Price
15:47 50,000 @ 137.50p
15:46 50,000 @ 138.00p
15:45 50,000 @ 138.00p
15:27 50,000 @ 138.75p
16:05 26,920 @ 137.00p

Filtronic Key Personnel

CFO Michael Tyerman
CEO Nat Edington

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