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Filtronic Soars 50% on Major SpaceX Partnership for Starlink Satellites

Filtronic Plc's London trade increased after a partnership with SpaceX, granting Elon Musk's firm the option to buy up to 10% of Filtronic and a $19.7 million supply module contract.

Filtronic s shares surge 50% on deepening supply deal with Musk s SpaceX, ET Telecom

SpaceX will also get 21.7 million warrants in Filtronic, enabling it to subscribe for up to 10% of its shares.

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