Filtronic reports $68.1m SpaceX follow-on order
The company puts the bulk of fulfilment in FY2028, keeping the delivery timetable central to the story.
What changed
Filtronic announced on 1 October 2026 a $68.1m (£51.3m) SpaceX order for Cerus E-band GaN power-amplifier units, expected to be materially fulfilled in FY2028. Those are company-stated terms and expectations.
Order value and reported revenue
A contract headline and an accounting period answer different questions. The IFRS Foundation’s IFRS 15 overview links revenue to satisfying obligations to customers. Readers still need the issuer’s own accounting policies and contract context; the headline alone cannot allocate an order across reporting periods.
Build a follow-through file
Read later results for the delivery schedule, working-capital requirements and how the order appears in the accounts. A simple document log is more useful than treating every mention of the same order as another sale. Record the original date, the stage described, and what a subsequent update actually changes.
What is not established
The release does not give this publication independent access to the contract or a basis for forecasting the share price. The reporting here concerns a disclosed order and its stated timing, rather than a recommendation to own the shares.