Who mentions $FTC most on Surfaced?

@midascabal (Midas) mentions $FTC most — 2 mentions in the past 12 months.

When was $FTC first mentioned on Surfaced?

The earliest tracked mention of $FTC in the Surfaced archive was on Apr 9, 2026.

How many voices track $FTC?

4 FinTwit voices have mentioned $FTC 5 times in the past 12 months.

What kind of voices mention $FTC most?

$FTC is mentioned most by Long Research voices on Surfaced.

Last 12mo stats

mentions

voices

$FTC

First Trust Large Capital Growth AlphaDEX Fund

$FTC

First Trust Large Capital Growth AlphaDEX Fund

Past 12mo:5mentions4voices

All voices1 call since Apr 2026show all

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About this stock

$FTC was mentioned 5 times across 4 distinct FinTwit voices over a 12-week period from April 9, 2026 to June 15, 2026. The most-active voice discussing the ticker was @midascabal (Midas) with 2 mentions, followed by @almacap114204, @bullofbritain, and @itsmichaelluu each with 1 mention. Discussion centered on long research analysis of the company. The ticker first appeared in the archive on April 9, 2026, with the most recent mention occurring on June 15, 2026.

AI-generated from tracked posts · updated Jul 12, 2026

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$UFOPROCURE SPACE ETF

$MDAMacDonald Dettwiler and Associates

$AMBQAmbiq Micro

Recent calls

1 call

@bullofbritainApr 24, 2026 · 3:18 PM

$FTC The E-band plumbing inside Starlink. A monopoly adjacent chokepoint a few people are talking about. Filtronic is a 49-year-old RF/microwave house in Sedgefield, Co. Durham. 186 employees. AIM listed since 1994. For most of its history it was a sleepy UK defence supplier. In 12 months it's rerated 170x. Here's why that's not the top it's the entry. The physics that forces SpaceX to their door: To beam the data from a mega-constellation down to Earth, you must use E-band (71–86 GHz). It's the only spectrum wide enough to handle the traffic. Lower bands are congested and can't scale. But E-band signals are highly susceptible to rain fade and atmospheric absorption. The signal gets obliterated in bad weather. To punch the signal through clouds, you need extreme, brute-force power output at the ground station. Gallium Arsenide (the old tech) isn't powerful enough. You have to use Gallium Nitride (GaN). GaN E-band SSPAs (solid-state power amplifiers) at scale require: in-house MMIC design capability, export controlled packaging, and years of qualification with primes. A handful of Western suppliers can do this. Filtronic is one of them. The SpaceX contract cadence tells the story: 2024: initial $2M order Q2 2024: $9M E-band order Feb 2025: $20.9M follow-on Aug 2025: $62.5M next-gen GaN E-band contract — ships FY27–28 Three contracts in 18 months. Each larger than the last. Cumulative SpaceX work now ~$94M. Why it matters financially: FY25 revenue: £56.3M (+121% YoY) FY25 operating profit: £13.4M FY26: deliberate pause as HQ capex + SpaceX ramp capacity is self-financed FY27 steps up hard as the $62.5M ships. My model gets to £95M revenue / £20M EBIT 90% of FY26 revenue already contracted in H1 And the diversification is real: £13.4M European defence prime contract (Dec 2025) £4.5M BAE Systems ongoing Multi-year Airbus programme UK Space Agency NSIP grant (£1M+) for a 550W Ka-band SSPA Cerus V (47–52 GHz V-band) product launched Nov 2025 opens a new TAM for satellite uplinks Optionality nobody's pricing: Any follow-on SpaceX contract = immediate rerating catalyst Kuiper, OneWeb, Eutelsat, all need the same E-band GaN hardware. $FTC is one of 5 Western suppliers who can actually build it Cerus V opens V-band (100W GaN) for uplinks -> entirely new TAM UK defence / space consolidation history says this is a classic bid target (Cobham, Ultra precedent) The bear case: SpaceX concentration. By FY27-28 they'll be >30% of revenue. Any pause, spec change, or qualification issue cascades through the growth thesis. USD contracts vs GBP cost base adds FX drag. GaN at scale is non-trivial engineering yield and thermal issues are real execution risk. And yes at 283p on a £56M revenue base, the multiple is rich on trailing numbers. My DCF lands at 210p. Consensus 214p. The market is pricing follow-on wins that haven't been announced yet. But this is exactly the supply chain re-rating wave arriving at the upstream layer.

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