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Share Name | Share Symbol | Market | Type | Share ISIN | Share Description |
---|---|---|---|---|---|
Filtronic Plc | LSE:FTC | London | Ordinary Share | GB0003362992 | ORD 0.1P |
Price Change | % Change | Share Price | Bid Price | Offer Price | High Price | Low Price | Open Price | Shares Traded | Last Trade | |
---|---|---|---|---|---|---|---|---|---|---|
0.25 | 0.34% | 73.00 | 72.00 | 74.00 | 73.00 | 72.75 | 72.75 | 94,182 | 10:02:09 |
Industry Sector | Turnover | Profit | EPS - Basic | PE Ratio | Market Cap |
---|---|---|---|---|---|
Electronic Components, Nec | 25.76M | 3.14M | 0.0144 | 50.69 | 159.03M |
12 November 2024
Filtronic plc
("Filtronic" and the "Company")
New Design Centre at Cambridge Science Park
SpaceX partner and global RF leader builds capabilities at Europe's largest centre for commercial research and development
Filtronic plc (AIM: FTC), the designer and manufacturer of products and sub-systems for the aerospace, defence, telecoms infrastructure and space markets, is pleased to announce that the Company is adding a new engineering design centre at the Cambridge Science Park.
This new location positions Filtronic in one of the UK's most dynamic technology clusters, reinforcing the Company's commitment to advancing its expertise in Space and Defence communications. Cambridge Science Park will provide Filtronic with access to a vibrant network of key industry players, research institutions, and highly skilled radio frequency ("RF") engineering talent to execute on its growth plans. It enables Filtronic to enhance its technical capabilities, foster collaboration, and accelerate product innovation in high-frequency communications.
It will also enhance Filtronic's ability to support new and existing clients in the region, while providing a base for collaborative projects aimed at pushing the boundaries of RF and mmWave technology in mission-critical applications.
Nat Edington, Chief Executive Officer of Filtronic plc, said: "Opening an office at Cambridge Science Park is a pivotal step in our growth strategy. Cambridge's thriving ecosystem of technology and innovation is an ideal environment for Filtronic as we continue to develop resilient, high-performance solutions for demanding environments. This expansion underscores our commitment to investing in the future of UK engineering and supporting the country's ambitions in Space and Defence."
Enquiries:
Filtronic plc |
Tel. 01740 618 800 or investor.relations@filtronic.com |
Nat Edington (Chief Executive Officer) |
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Michael Tyerman (Chief Financial Officer) |
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Cavendish Capital Markets Limited |
Tel. 020 7220 0500 |
Jonny Franklin-Adams/Trisyia Jamaludin (Corporate Finance) |
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Sunila de Silva (ECM) |
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Walbrook PR Limited |
Tel. 020 7933 8780 or filtronic@walbrookpr.com |
Nick Rome/Joseph Walker |
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