Electronics firm Filtronic is toasting a new £350,000 deal with a computing company.
The firm, which makes telecoms components for a range of sectors from its bases in NETPark, Sedgefield, County Durham, Yeadon in Leeds and Maryland, USA, is set to design, develop and supply microwave filters and diplexers.
The new contract was awarded to Filtronic because of its long-established experience of designing compact, high-performance filter and diplexer modules.
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It said the application will be used within the microwave circuits of a quantum computer. The project is expected to complete within FY2023.
Richard Gibbs, chief executive officer, said: “We are delighted to win this contract demonstrating the flexibility of the technology we offer and its use across many adjacent markets.
“Filters are a cornerstone of our heritage, and we will continue to seek out opportunities for this technology in products and markets that require complex solutions and are non-commoditised. “Quantum computing is an exciting new market which we believe could lead to further work.”
The deal comes a week after its latest trading update, in which it said it expects to see a 50% rise in profit, despite the widely-reported challenges of the global semiconductor shortage.
It said trading in the second half of the year was 13% higher than the first, helping to drive up revenue 10%, to an expected £17.1m, up from £15.6m.
Full year results will be announced next month.
