Filtronic PLC New Contract Win
28 June 2022 - 4:00PM
RNS Non-Regulatory
TIDMFTC
Filtronic PLC
28 June 2022
Filtronic plc
("Filtronic")
NEW CONTRACT WIN
Filtronic plc (AIM: FTC), the designer and manufacturer of
products for the aerospace, defence, telecoms infrastructure and
critical communications markets , is pleased to announce the award
of a new contract win with a quantum computing company for the
design, development and supply of microwave filters and
diplexers.
The new contract, valued at GBP0.35m, was awarded to Filtronic
because of its long-established experience of designing compact,
high-performance filter and diplexer modules. The application will
be used within the microwave circuits of both the external control
rack and the cryogenic dilution refrigerator of a quantum computer.
Filtronic's extensive mmWave heritage and know-how enables
critical, out of band performance to be characterised and verified.
The project is expected to complete within FY2023.
Richard Gibbs, Chief Executive Officer, commented: "We are
delighted to win this contract demonstrating the flexibility of the
technology we offer and its use across many adjacent markets.
Filters are a cornerstone of our heritage, and we will continue to
seek out opportunities for this technology in products and markets
that require complex solutions and are non-commoditised. Quantum
computing is an exciting new market which we believe could lead to
further work."
Enquiries:
Filtronic plc Tel. 01740 618800 or investor.relations@filtronic.com
Richard Gibbs (Chief Executive
Officer)
Michael Tyerman (Chief Financial
Officer)
finnCap Limited Tel. 020 7220 0500
Jonny Franklin-Adams/Tim Harper (Corporate Finance)
Alice Lane / Sunila de Silva
(ECM)
Walbrook PR Limited Tel. 020 7933 8780 or filtronic@walbrookpr.com
Paul Vann/Nick Rome Mob. 07768 807 631/07748 325 236
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END
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