$68.1m order from SpaceX

1 October 2026

Filtronic plc

("Filtronic", or “the Company")

$68.1m order from SpaceX

SpaceX order strengthens strategic partnership and underpins FY2028 expectations

Filtronic plc (AIM: FTC), the designer and manufacturer of advanced RF solutions for the space, aerospace, defence and telecoms infrastructure markets, is pleased to announce that it has secured a $68.1m (£51.3m) follow-on order from SpaceX for the supply of its Cerus E-band gallium nitride (“GaN”) Solid State Power Amplifier (“SSPA”) units.

This represents the largest order received from SpaceX and follows the $62.5m order announced in August 2025 for the Company’s next-generation, proprietary GaN E-band technology. The new order is expected to be materially fulfilled during FY2028, underpinning the Board’s expectations for FY2028, providing stronger visibility over future revenues.

The follow-on order demonstrates the continued commercial adoption of Filtronic’s proprietary GaN technology and further strengthens Filtronic’s strategic partnership with SpaceX. GaN enables higher output power, improved efficiency and enhanced thermal performance compared with traditional gallium arsenide (“GaAs”) solutions, providing important performance advantages for demanding applications including low Earth orbit satellite communications.

Nat Edington, Chief Executive Officer, said: “This follow-on order from SpaceX, is another significant milestone for Filtronic, providing extended order visibility and coverage over the next couple of years.

“This order provides further evidence of the growing importance of GaN technology in high-frequency communications and reinforces Filtronic’s position at the leading edge of this transition. This order also provides significant revenue visibility into FY2028 and beyond, representing another important step for the business but also the continued development of our partnership with SpaceX.”

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Note: This announcement contains inside information which is disclosed in accordance with the Market Abuse Regulation.

About Filtronic:

Filtronic is a leading designer and manufacturer of advanced high-frequency solutions that enable the next generation of space, defence and telecommunications networks. Combining proprietary technology, deep engineering expertise and advanced manufacturing capabilities, the company develops mission-critical products that deliver exceptional performance in the world's most demanding operating environments.

Founded in 1977, Filtronic has been at the forefront of RF innovation, developing core intellectual property and transforming it into highly engineered solutions that power advanced communications, connectivity and sensing applications. Its technologies support critical satellite infrastructure, defence platforms and high-capacity communications networks, helping customers solve increasingly complex engineering challenges.

Trusted by many of the world's leading space, defence and telecommunications organisations, Filtronic works from concept development through to full-scale manufacturing, combining specialist engineering capability with precision production to deliver high-performance products at volume. The company's vertically integrated model, investment in next-generation technologies and long-standing customer relationships position it as a strategic partner in markets benefiting from long-term structural growth.

With manufacturing operations and engineering centres of excellence in the UK and a global customer base, Filtronic is helping shape the future of secure, resilient and high-capacity communications on Earth and in space.

Headquartered in Sedgefield, UK, Filtronic is listed on AIM, the London Stock Exchange's market for growth companies (AIM: FTC).