Overview

• The London‑listed firm secured its largest‑ever deal, a £47.3m contract to supply next‑generation GaN E‑band RF technology for Starlink.
• Filtronic expects initial deliveries in its 2027 financial year, with revenues anticipated across 2027 and 2028.
• The agreement expands SpaceX’s option to purchase Filtronic shares to cover E‑band products and replaces a purchase‑order trigger with a delivery‑based vesting trigger that doubles required product volumes.
• Filtronic’s shares jumped as much as 13% following the announcement.
• The order deepens a partnership launched in 2024 and follows a £16.8m contract announced in February, supported by expanded manufacturing capacity at NETPark in County Durham.