Filtronic PLC, a UK-based designer of radio-frequency technology, secured a $68.1 million follow-on order from SpaceX, marking its largest contract with the satellite company. The order is for Filtronic's Cerus E-band gallium nitride solid-state power amplifiers used in high-frequency communications, expected to be fulfilled in the 2028 financial year. This contract builds on a previous $62.5 million order from August 2025 and highlights growing adoption of gallium nitride technology in satellite communications. The deal strengthens Filtronic's market position and deepens its relationship with SpaceX amid rising demand for satellite communication equipment.
Filtronic's $68.1 million SpaceX order provides context for technology sector trends. Of 150 technology stocks on Pluang, 122 rose and 26 fell today. Notable movers include UMC at USD 25.38 (+3.63%), CRDO at USD 201.52 (+3.46%), and CIFR at USD 16.35 (+3.32%), as of Oct 01, 2026 13:11 WIB.
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Gentoo Media Inc. has agreed on a €50 million senior secured loan and plans a €50 million directed share issue to fully repay its €91.5 million bonds maturing in December 2026 and reduce other debt by €8.5 million. The loan, provided by a major share...
