Huge growth powered by SpaceX partnership

COMMUNICATIONS technology trailblazer Filtronic has reported huge growth in revenue and earnings as its raises expectations yet again.

- TOM KEIGHLEY Business writer [e-mail]

In another upgrade for the County Durham manufacturer, it told shareholders on the London Stock Exchange that, subject to audit, full year 2025 revenue is expected to have jumped 120% to £56.3m, from £25.4m. Meanwhile Ebitda is expected to have more than trebled from £4.9m to £16.6m.

It comes as the radio frequency equipment specialist says momentum - thanks to its stellar partnership with rocket giant SpaceX - continued into the second half of the year. Bosses told investors on the London Stock exchange that recruitment has helped the firm talk to more parts of the European space market, resulting in contract wins with Viasat and the European Space Agency.