Filtronic Secures €7m Contract for LEO Satellite Constellation

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

Filtronic has secured a multi-year contract worth over €7 million with a leading European aerospace manufacturer to supply RF assemblies for a major Low Earth Orbit satellite constellation program. This contract underscores Filtronic’s technical expertise and strengthens its position in the space market, reflecting the company’s ability to deliver high-reliability performance in demanding space environments and its commitment to supporting the growing satellite connectivity market.

The most recent analyst rating on (GB:FTC) stock is a Buy with a £152.00 price target. To see the full list of analyst forecasts on Filtronic stock, see the GB:FTC Stock Forecast page.

Spark’s Take on GB:FTC Stock

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

Filtronic’s strong financial performance is the primary driver of its stock score, supported by solid revenue growth and profitability. The technical analysis suggests a stable market position, while the valuation indicates moderate pricing. The absence of earnings call insights and corporate events does not impact the 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. The company operates from two global manufacturing sites and three engineering centers of excellence, delivering solutions across the full RF spectrum. With over 45 years of experience, Filtronic serves high-performance sectors such as space, aerospace, defense, telecoms infrastructure, and critical communications. The company is listed on the AIM market of the London Stock Exchange and is headquartered in Sedgefield, UK.

Average Trading Volume: 1,280,708

Technical Sentiment Signal: Buy

Current Market Cap: £283.5M

Find detailed analytics on FTC stock on TipRanks’ Stock Analysis page.