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Filtronic won a USD 800,000 contract for pilot phase production units of over-the-air 5G mmWave modules for an unnamed US-based RF test equipment company. The modules will be delivered over 18 months with revenue predominantly recognized in 2023.
“The new contract, valued at USD800,000, is of strategic importance as it fulfils the objective of broadening the customer base and it addresses an adjacent market we have been actively targeting for growth.”shareprices.com
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