Previous close | 0.1955 |
Open | 0.1955 |
Bid | N/A x N/A |
Ask | N/A x N/A |
Day's range | 0.1955 - 0.1955 |
52-week range | 0.1452 - 0.1955 |
Volume | |
Avg. volume | 0 |
Market cap | 78.693M |
Beta (5Y monthly) | 0.90 |
PE ratio (TTM) | N/A |
EPS (TTM) | N/A |
Earnings date | N/A |
Forward dividend & yield | N/A (N/A) |
Ex-dividend date | 06 Oct 2010 |
1y target est | N/A |
Elon Musk’s SpaceX has agreed to acquire a 10pc stake in a British electronics company that was founded in a professor’s garage 47 years ago.
Filtronic, which manufactures products for the aerospace, defence, space and telecom infrastructure markets, already supplies Starlink with E-band solid state power amplifiers (SSPA), which are used for low-earth orbit satellites. SpaceX will also get 21.7 million warrants in Filtronic, enabling it to subscribe for up to 10% of its shares. The partnership was executed with an initial purchase order of $19.7 million to supply E-band SSPA modules, scheduled for delivery in fiscal 2025, Filtronic said.
Key Insights Institutions' substantial holdings in Filtronic implies that they have significant influence over the...