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Filtronic triples revenue and profits as SpaceX relationship blossoms

The NETPark based telecoms innovator has hope of further growth in the multibillion-dollar low earth orbit space market

Filtronic’s leadership team based in County Durham (Image: Filtronic)
Filtronic’s leadership team based in County Durham (Image: Filtronic)

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.


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