Filtronic PLC New 5G Contract Award (8865W)
20 April 2023 - 4:00PM
UK Regulatory
TIDMFTC
RNS Number : 8865W
Filtronic PLC
20 April 2023
20 April 2023
Filtronic plc
("Filtronic")
New 5G Contract Award
Filtronic's Morpheus X2 product enables significant breakthrough
in 5G backhaul communications for the telecoms infrastructure
market
Filtronic plc (AIM: FTC), the designer and manufacturer of
products and sub-systems for the aerospace, defence, telecoms
infrastructure, space, and critical communications markets , is
pleased to announce a new contract win with a leading global
provider of 5G telecoms infrastructure equipment.
The initial production contract, valued at $1.1m (GBP0.9m), is
designed to facilitate the global launch of a product that
significantly extends the range of E-band point to point radio by
providing an additional 3 decibel-milliwatts of linear output
power. In practical terms this increases the line-of-sight
transmission distance of an existing outdoor unit ("ODU") within a
mobile base station up to 12km, a distance that would normally
require multiple repeater stations, or more typically the
installation of an optical fibre cable. The initial Morpheus X2
production order will be shipped in FY2024, with further production
volumes forecast in FY2025.
The Morpheus X2 high power module was developed rapidly in only
six months using Filtronic's proprietary, next generation, power
amplifier chipsets, combined with innovative packaging technology
and the established Filtronic in-house hybrid manufacturing
capability. This breakthrough, facilitating improvements to range
and backhaul capacity in 5G infrastructure, is enabled from the
intellectual property belonging to Filtronic. The product can be
customised to meet the needs of different radio and ODU
manufacturers.
Richard Gibbs, Chief Executive Officer, commented: "We are
delighted to secure an initial production order for our Morpheus X2
E-band transceiver from one of the world's largest 5G telecoms
infrastructure equipment suppliers. Working closely with our
customer's design team we were able to apply our unique power
amplifier IP and E-band design expertise to deliver a high-power
ODU solution that will change the way in which 5G networks are
deployed. We look forward scaling up the manufacture of Morpheus X2
solutions in 2024 and beyond.
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/George Dollemore (Corporate Finance)
Alice Lane / Sunila de Silva
(ECM)
Walbrook PR Limited Tel. 020 7933 8780 or filtronic@walbrookpr.com
Paul Vann/Joe Walker Mob. 07768 807 631
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END
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