Power Amplifier Modules Key to High-Speed Internet Services
- Filtronic wins $9 million contract from SpaceX
- Power amplifier modules for Starlink satellites
- Order expected to be fulfilled by May 2025
Filtronic, a London-listed defense and aerospace telecom equipment maker, has announced that it has secured a $9 million contract with Elon Musk’s rocket company SpaceX. The follow-on production order is for power amplifier modules used in the development of Starlink satellites, which provide high-speed internet services on a global scale. Filtronic’s CEO Nat Edington said the deal highlights the company’s role in supporting SpaceX’s mission. The order is expected to be fulfilled by May 2025.
Factuality Level: 10
Factuality Justification: The article provides accurate and relevant information about Filtronic winning a contract with SpaceX for power amplifier modules used in Starlink satellites, includes a timeframe for fulfillment, and features a quote from the CEO. It is not sensationalized or misleading.
Noise Level: 3
Noise Justification: The article provides relevant information about Filtronic winning a contract with SpaceX and its contribution to Starlink’s satellite network. It also includes a timeframe for the order fulfillment. However, it lacks in-depth analysis or exploration of long-term trends or consequences.
Public Companies: Filtronic (FLTR)
Private Companies: SpaceX
Key People: Nat Edington (Chief Executive), Elon Musk (CEO of SpaceX)
Financial Relevance: Yes
Financial Markets Impacted: SpaceX and Filtronic’s stock
Financial Rating Justification: This article discusses a contract between two companies, one of which is SpaceX, a well-known company that impacts financial markets, and mentions the value of the contract. It also affects the stock of Filtronic, making it financially relevant.
Presence Of Extreme Event: No
Nature Of Extreme Event: No
Impact Rating Of The Extreme Event: No
Extreme Rating Justification: There is no mention of an extreme event in the article.
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