LONDON (ShareCast) - (Sharecast News) - Filtronic announced a strong start to its 2026 financial year on Thursday, supported by record orders and growing demand across its space, defence and telecoms markets.
The AIM-traded designer and manufacturer of advanced radiofrequency (RF) solutions said ahead of its annual general meeting that its order book and expanding customer base left it well placed to meet full-year expectations, despite headwinds from a weaker US dollar.

It highlighted a £47m order from SpaceX in August - its largest contract to date - for Filtronic's next-generation gallium nitride (GaN) E-band product, marking the first major commercial deployment of the technology.

The deal built on Filtronic's long-standing E-band expertise using gallium arsenide (GaAs), and was expected to deliver improved power efficiency and lower energy loss for satellite communication systems.

Filtronic said its collaboration with SpaceX had "broadened into new areas," underscoring a deepening of their partnership.

In July, Filtronic also secured a £13.4m contract with an unnamed leading European defence prime, contributing to what it described as improving momentum in a strategically important sector.

The company said it was continuing to strengthen its RF and systems engineering teams to support a growing pipeline of technology and product opportunities across its core markets.

Filtronic said it remained focused on product and technology innovation, with a clear roadmap designed to keep it at the forefront of radio frequency and millimetre-wave development.

The group said it was targeting the launch of a new range of very high frequency GaN-based products in 2026, aimed at delivering world-leading power performance and enabling next-generation space ground station applications.

It said long-term demand for high-frequency, secure and resilient communications infrastructure across multiple platforms was expected to provide strong structural growth drivers.

Filtronic said it would report its half-year results for the six months to 30 November on 3 February.

At 1016 GMT, Filtronic shares were down 4.73% at 134.8p.

Reporting by Josh White for Sharecast.com.

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