Expanding its presence in the satellite communications market
- Filtronic awarded $6 million contract
- Contract from leading global provider of satellite communications equipment
- To deliver second generation Cerus32 solid state power-amplifier modules
- Modules to be installed in selected ground station locations
Filtronic, the defense and aerospace telecom-equipment maker, has announced that it has been awarded a contract worth $6 million. The contract comes from a leading global provider of low-earth orbit satellite communications equipment. As part of the contract, Filtronic will deliver production volumes of the second generation of its Cerus32 solid state power-amplifier module. These modules will be installed in selected ground station locations as part of the customer’s earth station antenna deployment. This contract is a significant milestone for Filtronic as it expands its presence in the satellite communications market.
Public Companies: Filtronic (N/A)
Private Companies: undefined
Key People:
Factuality Level: 8
Justification: The article provides specific details about Filtronic being awarded a contract worth $6.0 million by a leading global provider of low-earth orbit satellite communications equipment. It also mentions the delivery of the second generation of its Cerus32 solid state power-amplifier module and its installation in selected ground station locations. The information provided is specific and does not contain any irrelevant or misleading information. However, the article is short and lacks additional context or background information.
Noise Level: 8
Justification: The article provides basic information about Filtronic being awarded a contract worth $6.0 million by a leading global provider of low-earth orbit satellite communications equipment. However, it lacks any thoughtful analysis, scientific rigor, or evidence to support its claims. It also does not provide any actionable insights or solutions. The article stays on topic but is very short and lacks depth. Overall, it contains mostly filler content and does not provide much value.
Financial Relevance: Yes
Financial Markets Impacted: The financial markets impacted by this news article are the defense and aerospace telecom-equipment market and the satellite communications equipment market.
Presence of Extreme Event: No
Nature of Extreme Event: No
Impact Rating of the Extreme Event: No
Justification: This news article pertains to a financial contract awarded to Filtronic, a defense and aerospace telecom-equipment maker. There is no mention of an extreme event in the article.
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