Filtronic eyes growth after 'transformational' year

Filtronic has boosted its order book in recent months with work alongside operators including SpaceX

A technology firm helping drive blue-ribbon space projects has hailed its long-term potential after record-breaking deals saw profit more than quadruple.

NETPark-based Filtronic says it is set for sustained “relevance and success” thanks to a “transformational” financial performance.

Bosses revealed the buoyant outlook after profit catapulted 352 per cent higher to £14 million in the year to May 31.

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