The NETPark based telecoms innovator has hope of further growth in the multibillion-dollar low earth orbit space market
Radio frequency tech specialist Filtronic has significantly boosted revenue and profitability as its relationship with Elon Musk's SpaceX continues to strengthen.
First half results for the Sedgefield-based firm, which also has operations near Leeds and Cambridge, show revenue grew to £25.6m in the six months to the end of November 2024, compared with £8.5m in the same period the year before. Operating profit was £6.8m during the period, following a £400,000 first half loss in 2024.
