Filtronic Secures Record Contract with SpaceX, Boosting Revenue Prospects

Filtronic ( (GB:FTC) ) has issued an update.

Filtronic has secured its largest contract to date with SpaceX, valued at $32.5 million, for the supply of its E-band Cerus 32 Solid State Power Amplifier. This contract, part of a strategic partnership with SpaceX, is expected to significantly boost Filtronic’s revenue for FY2026 and reinforces its reputation in the high-growth space market. The order also results in the vesting of a substantial number of share warrants, reflecting the company’s ongoing success and investment in its technology roadmap.

Spark’s Take on GB:FTC Stock

According to Spark, TipRanks’ AI Analyst, GB:FTC is a Outperform.

Filtronic’s strong financial performance and successful acquisition of significant contracts in the defense and space sectors are key strengths. The technical indicators show positive momentum, although the valuation suggests the stock might be overvalued relative to peers. Combined, these factors result in a solid overall stock score.

To see Spark’s full report on GB:FTC stock, click here.

More about Filtronic

Filtronic is a global leader in advanced microelectronics, specializing in the design and manufacture of mission-critical communication networks. With over 45 years of experience, the company operates from two global manufacturing sites and three engineering centers of excellence, delivering solutions across the full RF spectrum. Filtronic’s technology is trusted in high-performance sectors such as space, aerospace, defense, telecoms infrastructure, and critical communications. The company focuses on strategic markets like LEO space, aerospace, and defense, aiming to add significant value and deliver shareholder value.

Average Trading Volume: 1,590,974

Technical Sentiment Signal: Buy

Current Market Cap: £296.7M

See more insights into FTC stock on TipRanks’ Stock Analysis page.