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County Durham firm secures £17million contract with Elon Musk company SpaceX

Summary by The Northern Echo

County Durham-based communications firm Filtronic has secured a contract with Elon Musk's company SpaceX worth nearly £17 million.

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The Northern Echo

County Durham firm secures £17million contract with Elon Musk company SpaceX

County Durham-based communications firm Filtronic has secured a contract with Elon Musk's company SpaceX worth nearly £17 million.

13 days ago·County Durham, United Kingdom

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BusinessCloud.co.uk

SpaceX contract win sees shares take off at UK’s Filtronic

The share price has taken off at Filtronic plc following a contract win with Elon Musk’s SpaceX. The firm is described as a global leader in RF (radio frequency) technology which also solves complex challenges around microwave and mmWave. It effectively builds mission-critical communication networks. Filtronic, which designs and manufactures products for the aerospace, defence, space and telecoms infrastructure markets, said the contract was wor…

NETPark North East Technology Park

Filtronic announces new £16.8m deal with Elon Musk's Space X rocket giant

The NETPark business said the new deal will be fulfilled over the next two years County Durham tech manufacturer Filtronic plc has announced a new deal with Elon Musk's SpaceX firm worth £16.8m. The Sedgefield company, which designs and manufactures products for the aerospace, defence, space and telecoms infrastructure markets, said the new contract with the company will be fulfilled over the next two financial years. In a short update to shareh…

13 days ago

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WhatsNew2Day

The Little British Satellite Specialist Sees Rocket Actions In The Agreement With Spacex By Elon Musk

By Mike Sheen Updated: 13:42 GMT, February 10, 2025 AIM satellite communications specialist shot on Monday after the group revealed another significant victory in the ELON Musk Spacex contract. Filtronic told shareholders that he had agreed to an agreement of $ 20.9 million (£ 16.8 million) to provide Spacex, the group’s main client, with radiofrequency solutions during financial years 2025 and 2026. It follows an agreement announced last year …

13 days ago

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UK Investor Magazine

Filtronic shares surge to 52-week highs after annoucing another SpaceX contract

Filtronic plc, the British designer and manufacturer of high-tech products for aerospace, defence, space and telecommunications infrastructure, has secured a major contract in their strategic partnership with Elon Musk’s SpaceX worth £16.8m ($20.9m). Filtronic shares jumped 15% to trade above 100p in early trade, meaning the UK tech stock’s shares have more than tripled since […] The post Filtronic shares surge to 52-week highs after annoucing a…

14 days ago

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City AM

Filtronic shares soar as it pens fresh deal with Elon Musk's SpaceX

British defence and telecoms firm Filtronic has penned a further multi-million-pound deal with SpaceX, the aerospace behemoth owned by Elon Musk. The company won a contract with SpaceX, worth almost £17m for the financial years 2025 and 2026, according to the firm, which made the announcement to markets this morning. Filtronic, which designs and makes products for the aerospace, defence and telecoms market, said after the contract that it is “no…

14 days ago·London, United Kingdom

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