Filtronic: Edison

TMT: Tech hardware and equipment – AIM – M cap £268m – Price 123.00p – Flash
Expanding presence in European space market
Filtronic has been awarded a contract to develop and supply filter and diplexer assemblies to Airbus for use in Eutelsat OneWeb low Earth orbit (LEO) satellites, with delivery expected in CY26. The company already has considerable expertise in ground station solutions for the LEO satellite industry and this contract, along with the Viasat contract announced in April , highlight Filtronic’s growing presence in satellite payload solutions and the European space market. We believe that this contract supports our recently upgraded FY26 forecasts and we maintain our estimates.
Disclaimer & Declaration of Interest
The information, investment views and recommendations in this article are provided for general information purposes only. Nothing in this article should be construed as a solicitation to buy or sell any financial product relating to any companies under discussion or to engage in or refrain from doing so or engaging in any other transaction. Any opinions or comments are made to the best of the knowledge and belief of the writer but no responsibility is accepted for actions based on such opinions or comments. Vox Markets may receive payment from companies mentioned for enhanced profiling or publication presence. The writer may or may not hold investments in the companies under discussion.