Filtronic shares soar 52 per cent after landing Spacex deal and raising guidance

Filtronic shares soar 52 per cent after landing Spacex deal and raising guidance

City A.M.

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Shares in microwave technology firm Filtronics soared as much as 52 per cent on Wednesday morning after it unveiled a new long-term deal with SpaceX's Starlink platform that could make Elon Musk's company a major shareholder.

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