• North East tech innovator Filtronic seals deal with new customer worth £600,000

    North East tech innovator Filtronic seals deal with new customer worth £600,000

    North tech firm Filtronic has announced its first significant contract worth £600,000 with a new customer.

    The NETPark-based firm, which makes products for markets including defence, telecoms infrastructure and critical comms markets, said the new contract win is with a leading global provider of low latency private networks. Filtronic said the deal is valued at $800,000 – £600,000 – with revenue expected to be recognised in FY2024.

    Source: Chronicle Live