Filtronic (GB:FTC) has released an update.
Filtronic plc is set to double its operational footprint in early 2025 by moving to a new, larger state-of-the-art facility at NetPark, Sedgefield, which will enhance its manufacturing and testing capabilities. The expansion is aimed at supporting the company’s growth strategy in high-performance mmWave technology for aerospace, defence, space, and telecoms infrastructure markets. The relocation is also expected to contribute to the local economy by creating jobs and promoting high-tech industry development in the region.
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