SQUAWK/NEWS
Account
Theme
Account
Menu
Live News EQUITY ARTICLE H impact

Filtronic Secures $68.1M Follow-On Order From SpaceX

Filtronic has secured a $68.1 million follow-on order from SpaceX for its next-generation GaN E-band technology. This marks the largest order received from SpaceX to date and is expected to be materially fulfilled in FY2028.

FTCSPCX

5m order announced last August for the company’s next-generation proprietary GaN E-band technology. The new order is expected to be materially fulfilled in FY2028, underpinning the board’s expectations for FY2028 and providing support for the company’s outlook.