Article

Filtronic, a British satellite firm, reported a profit decline for the six months ending November 30, 2025, with revenue falling to £25.3 million and adjusted EBITDA decreasing to £5.1 million, attributed to investments in personnel and product development. Despite these challenges, the company holds a record order book, including a significant £47.3 million contract with SpaceX and additional deals with European clients, covering approximately 90% of current year revenues. Filtronic remains optimistic about meeting market expectations as cash generation improved during the period.