Filtronic Share Discussion Threads

[donald pond] 07/3/2024 08:45

Next leg up about to start?

[dougerboy] 06/3/2024 23:22

Great post Baz. Fresh, new, motivated, sales agents in dynamic & strategic markets. And our CEO as an ex-Honeyweller knows how significant these sales agents as part of the product to market distribution strategy can be. But also crucially he was at Honeywell when much outsourcing was (in my view wrongly) made to China - which means we WON‘T be doing that again any time soon!

[bazworth] 06/3/2024 20:25

It's quite fascinating to wonder where Filtronic will get to over the next few years!!

Fingers firmly crossed for continuing success!

Cheers

[bazworth] 06/3/2024 20:23

Great to see that Filtronic is setting itself up for further growth!!


From the front page on the Filtronic website:

Filtronic, a leader in the design and manufacture of advanced RF communications equipment, has announced the expansion of its global sales network through the appointment of three new sales agents. This strategic move enhances Filtronic’s presence in key international markets, ensuring closer relationships with customers and an even stronger local support system.

Filtronic specialises in the design and manufacture of a broad range of custom and standard products critical for the seamless operation of wireless communication systems. Leveraging advanced technologies and a state-of-the-art manufacturing facility, Filtronic is able to offer solutions that enhance connectivity and performance in challenging environments.

With a strong emphasis on research and development, Filtronic continuously innovates to address the dynamic demands of the market, ensuring that its products set industry standards for quality, reliability and performance. This dedication to excellence has established Filtronic as a trusted partner for some of the world’s leading companies in aerospace, defence, space, telecommunications and beyond.

With a deep understanding of the Indian telecommunications and technology sectors, Josts has been appointed to represent Filtronic in India. This partnership is expected to leverage Josts extensive network and expertise to meet the growing demand for advanced RF solutions in one of the world’s largest and most dynamic markets.

Recognising the importance of South Korea’s advanced technology landscape, Filtronic has also partnered with Hanix International to serve customers in this highly innovative market. Hanix’s proven track record in delivering high-quality solutions and support to the telecommunications industry makes them an ideal partner to represent Filtronic’s interests in South Korea.

Additionally, to cater to the technological needs of the Nordic countries, Filtronic has teamed up with MicroComp Nordic AB. This partnership aims to tap into the region’s strong emphasis on sustainable and advanced technological solutions. MicroComp’s experience and commitment to quality service align with Filtronic’s mission to provide industry-leading RF communications solutions to its customers.

“We are thrilled to welcome Josts, Hanix, and MicroComp to the Filtronic family,” said Walter Magiera, Chief Commercial Officer at Filtronic. “Their expertise and local market knowledge are invaluable as we aim to strengthen our global footprint and bring our RF solutions closer to our customers. These partnerships are a testament to our commitment to quality, innovation, and customer service.”

Through these new collaborations, Filtronic is set to enhance its market penetration, and continue delivering innovative RF solutions that meet the evolving needs of industries worldwide.

[taffy24] 06/3/2024 12:36

Filtronic invests in new kit with £150,000 Business Durham grant

[tp6] 29/2/2024 13:29

Has held it's ground well though. Another contract win or positive news always welcome....

[bazworth] 28/2/2024 13:38

'Sleep-mode' until next news I wonder?

[donald pond] 26/2/2024 09:53

https://x.com/donaldpond6/status/1762046662455996760?s=46&t=YfR7OyhMlqZLtI-h86iCxAI think I missed this hint/confirmation that Starlink are a key client

[bazworth] 25/2/2024 18:22

Likely story wisecat2!!

[wisecat2] 25/2/2024 13:22

Great post Baz. Every time you post I want to buy more

[bazworth] 25/2/2024 10:13

This is from the most recent contract RNS, I'm not sure that I had properly taken on board the CEO's comment "due to be launched later this year". All appears to be very promising indeed and I wouldn't be too surprised to hear something fairly soon!!

Cheers!!



"The second contract with the same customer is a development agreement to accelerate the design and prototype delivery of an E-band module that would form part of the satellite payload and provide downlink connectivity to the E-band ground station. Subject to successful qualification testing and field trials this module will represent the first Filtronic product designed for space flight and is key part of our strategy to address the satellite element of the LEO space market.

Richard Gibbs, Chief Executive Officer, commented: "We are very pleased to continue our partnership with the leading global provider of LEO satellite broadband services, and proud of the way we have scaled our operations to supply production volumes of the Cerus32 SSPA module for their ground station network. The fact that the customer has also decided to fund Filtronic for their second-generation payload solution, due to be launched later this year, is a further testament to our credibility and expertise in RF design, and our ability to bring complex RF products to market for an aggressive launch schedule"."

[bazworth] 25/2/2024 09:05

hxxps://www.linkedin.com/posts/netparkuk_filtronic-ceo-richard-gibb-activity-7166361654350319617-Lly5

Hopefully this will take you to the Video!!

Cheers & thanks wisecat2

[wisecat2] 25/2/2024 08:10

Spotlight on Filtronic: Pioneering RF Technology at NETPark (northeasttechnologypark.com)

Great mini presentation by a very happy looking CEO

Love the bit " World wide experts on FM" and "World class engineers"

[donald pond] 24/2/2024 09:17

Having BAE and Qinetic as named major clients is a huge vote of confidence. The level of due diligence they would have carried out tells us a lot. The contracts are getting bigger and bigger and it's only a matter of time before we get a trading materially ahead statement as the last Cavendish note left lots of scope for upgrades

[tp6] 24/2/2024 09:05

They were recruiting quite a bit approx 18 months ago, so must have had confidence new work was in the pipeline at that point. On top of the new defence and space work they also have the microwave back haul products which seem to be doing well.Main advantage they have for defence work is that they have good manufacturing capability in UK and USA.

[donald pond] 24/2/2024 08:49

Up for an award in the satellite areahttps://x.com/donaldpond6/status/1761009506505343093?s=46&t=YfR7OyhMlqZLtI-h86iCxA

[wisecat2] 24/2/2024 08:21

ignore it please but why don't you make the effort go on to Cavendish.com and read the excellent brokers note out this month and update yourself why you should hold on to your shares.

[finimps] 24/2/2024 07:27

WC I first bought into Filtronic in the late 90's when they were a very different company and I've followed them since then. I know the company pretty well, but maybe what I'm not so familiar with is the sectors they now operate in. I suspect I'm not alone in this. Anyway, thanks for your wise advice, which I intend to ignore.

[wisecat2] 24/2/2024 00:42

Finimps best you sell your shares and put your money in the bank. You obviously don't know what you have invested in.

[bazworth] 23/2/2024 14:58

Finimps - you can always sell a few and keep a few, best of both worlds perhaps?!!

[finimps] 23/2/2024 13:26

Thanks guys. I'm certainly confident about the next year or so, and will hold. Thing is, I'm getting on a bit and would like to spend the profits at some stage! Looking forward to the next contract :-)

[bazworth] 23/2/2024 12:36

My view is that we’re only just getting started.

The small value development contract announced with the most recent results may well result in a chunky contract in the not too far distant future. The results mentioned that the Space related work was progressing very quickly, or words to that effect.

Good luck!!

[tp6] 23/2/2024 11:48

Company has gone full circle , started out on defence and space work and has ended up back here about 40 years later.New management, that seem able to land contracts for profitable niche work.. big focus on defence spending, Ukraine war is throwing up new hardware that needs countermeasures or development. Positive outlook from my humble position..

[finimps] 23/2/2024 09:38

Anyone got any thoughts on what the long term potential of Filtronic could realistically be? How many potential new customers are out there for such niche products that FTC offers? We've had a nice price rise on the promise of improved results next time, but I'm starting to wonder when would be the right time to cash in on this.

[bazworth] 22/2/2024 19:51

Is there a ‘40p’ battle going on here??

Forever hopeful

Cheers