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Business

September 28, 2026 by Lisa Cartwright

Filtronic shortlisted for Company of the Year at AIM Awards

Filtronic logo

NETPark-based Filtronic has been shortlisted for the Company of the Year Award at the AIM Awards 2026.

The nomination recognises the company’s continued development, including investment in its people and capabilities, increased manufacturing capacity and the delivery of communications technology for customers across the telecommunications, space and defence sectors.

Headquartered at NETPark, Filtronic designs and manufactures RF, microwave and millimetre-wave components and systems. Its technology supports demanding communications applications in the UK and international markets.

Over the past year, the company has continued to grow its operations and strengthen its position across its target sectors.

The AIM Awards celebrate the achievements of companies and individuals operating within the UK’s AIM market. The winner will be announced at the awards ceremony later this year.

Congratulations to everyone at Filtronic on the well-deserved recognition.

Filed Under: Business, home_page, News, News Headline

July 23, 2026 by Lisa Cartwright

Durham physicists part of mission to chart space and time

Our physicists are part of one of the most ambitious studies of the Universe ever undertaken.

The NSF-DOE Vera C Rubin Observatory’s Legacy Survey of Space and Time (LSST) digital camera will allow our researchers to better understand our cosmic origins.

A massive international collaboration, the LSST, began taking images. It will spend 10 years capturing the entire southern sky to create an ultra-wide, ultra-high-definition time-lapse survey of our Universe.

It could solve some of the biggest mysteries of space including the nature of dark energy, and the evolution of our solar system and galaxies, including the Milky Way.
Read more

Filed Under: Business, home_page, News, News Headline

July 7, 2026 by Lisa Cartwright

Filtronic Secures Further US Contract as Space Communications Demand Continues to Grow

Filtronics new facility at NETPark (Credit: Filrtonic)

Space North East England member Filtronic has secured a further £400,000 contract with a US customer, reinforcing the growing international demand for it’s specialist communications technologies.

The agreement follows an earlier £6 million contract with the same customer and marks another positive milestone for one of the region’s leading space and telecommunications businesses.

Headquartered at NETPark, Filtronic specialises in advanced radio frequency (RF) technologies that support applications across satellite communications, telecommunications and aerospace markets. The latest contract will see the company supply satellite communications equipment to its US customer, further strengthening its position in a rapidly expanding global market.

The announcement highlights the increasing opportunities available to companies operating within the space and satellite communications sector. As demand for satellite connectivity, data services and next-generation communications infrastructure continues to grow worldwide, businesses with specialist expertise are finding new routes to international markets.

Read the full story here

Filed Under: Business, home_page, News, News Headline

July 7, 2026 by Lisa Cartwright

North East Space Conference Highlights Region’s Growing Investment Opportunity

A woman giving a presentation

The North East Space Conference 2026 demonstrated the growing strength and ambition of the region’s space sector, bringing together more than 350 delegates from industry, academia, government and the investment community to explore future opportunities for growth, collaboration and inward investment.

Opened by North East Mayor Kim McGuinness, the conference highlighted the increasing role the sector is playing in driving innovation, attracting investment and creating high-value jobs across the region.

Hosted by Space North East England at the Radisson Blu Hotel in Durham, the conference focused on a clear ambition: converting the North East’s growing reputation for innovation into increased national and international investment.

While the region’s space sector has developed steadily over the past decade, this year’s event reflected growing confidence that the North East is now positioned to play a much larger role in the UK’s space economy.

A key theme throughout the conference was the strength of the North East’s wider industrial ecosystem and the opportunities this creates for businesses both within and beyond the traditional space sector.

As space technologies become increasingly important to communications, defence, manufacturing and environmental monitoring, opportunities are emerging for companies with capabilities that can be applied across multiple markets. Discussions highlighted how businesses operating in advanced manufacturing, cyber security, artificial intelligence, engineering and defence can diversify into the rapidly growing space economy.

The conference also highlighted the significant supply chain opportunities emerging across the sector. Lockheed Martin’s £100 million proposal to build its UK satellite manufacturing facility at NETPark in County Durham demonstrates growing confidence in the capability of regions such as the North East to support globally significant space activity.

The region is well positioned to capitalise on this growth thanks to its concentration of advanced manufacturing and technology businesses, supported by world-class research and skills assets. Organisations including Durham University’s Space Research Centre (SPARC), Northumbria University’s North East Space Skills and Technology Centre (NESST) and New College Durham’s North East Institute of Technology are helping to develop the talent and innovation pipeline required to support future demand.

Growing links between the space and defence sectors were another key talking point. As satellite technologies become increasingly important to national security and resilient communications, collaboration between the two sectors continues to strengthen.

County Durham is already home to a number of companies operating across both markets, including NETPark-based businesses such as Filtronic, Kromek, RED Scientific and Graphene Composites. Their expertise in advanced materials, semiconductors, communications and defence technologies aligns closely with future space sector requirements.

Alongside innovation and skills, the conference reinforced the North East’s wider proposition for new businesses moving to the region. Businesses can access specialist facilities, connect to strong digital connectivity, a highly skilled workforce and, importantly, the space required to grow and scale.

Speaking after the event, Lisa Mullen, Cluster Director for Space North East England, said: “The North East has established a strong reputation for collaboration, innovation and manufacturing excellence. This year’s conference demonstrated the growing interest from investors and industry leaders who recognise the opportunities our region offers.”

The conference reinforced a clear message: the North East’s space sector is no longer an emerging opportunity. It is becoming an increasingly important contributor to the UK’s space ambitions and a compelling destination for investment, innovation and growth.

Filed Under: Business, home_page, News, News Headline

June 17, 2026 by Lisa Cartwright

North East Space Conference highlights region’s growing investment opportunity

A man giving a presentation

The North East Space Conference 2026 demonstrated the growing strength and ambition of the region’s space sector, bringing together more than 350 delegates from industry, academia, government and the investment community to explore future opportunities for growth, collaboration and inward investment.

Opened by North East Mayor Kim McGuinness, the conference highlighted the increasing role the sector is playing in driving innovation, attracting investment and creating high-value jobs across the region.

Hosted by Space North East England at the Radisson Blu Hotel in Durham, the conference focused on a clear ambition: converting the North East’s growing reputation for innovation into increased national and international investment.

While the region’s space sector has developed steadily over the past decade, this year’s event reflected growing confidence that the North East is now positioned to play a much larger role in the UK’s space economy.

Filed Under: Business, home_page, News, News Headline

April 24, 2026 by Lisa Cartwright

Business growth fund generates £40m

A group of people at Magnitude Biosciences

A fund designed to increase business growth in County Durham has attracted £40 million of investment in less than a decade.

Durham County Council’s Cabinet will be given an update on the Finance Durham Fund (FDF) which provides loans to help the growth of county-based businesses and attract new companies to the region.

First launched in 2017, and administered by Maven Capital Partners on behalf of the council, the evergreen fund uses the returns on investments to re-invest into other businesses to support economic growth in the county.

In an update to Cabinet, councillors will hear that there have been 58 investments into 38 companies, totalling £17.29 million, since the fund was first launched.

This £17.29 million has levered an additional £40 million of investment, supporting nearly 1,500 jobs with a Gross Value Added (GVA) impact of £44 million.

In addition to business loans, the fund also provides ‘access to finance’ business support, helping businesses increase their capabilities and skills to grow and thrive.

Cllr Joe Quinn, Durham County Council’s Cabinet member for planning, investment and assets, said: “The impact that the Finance Durham Fund has facilitated in just a few years demonstrates the value that the fund brings to the county’s economy.

“At a time when public funding for business support grants is likely to be in shorter supply, the Finance Durham Fund will play an even more important role in supporting the growth of our county’s enterprises. It also provides a key investment incentive that sets us apart from other competitor locations, helping to attract more companies to the area.”

Councillors will be told that the fund has played an important role in developing the county’s economy by investing in sectors that are at the forefront of innovation.

Examples include Power Roll Ltd, which produces a low cost, low weight solar film; Dyer Engineering, which is the largest independently owned engineering company in the county; Pragmatic Semiconductor, which opened the UK’s first 300mm semiconductor fabrication site in Meadowfield; and NETPark companies Magnitude Biosciences and PervasID.

Despite a challenging environment for businesses and global economic uncertainty in recent years, enquiries for the fund remain strong.

Councillors will hear the fund has £3.7 million ready to award to businesses, with several potential deals totalling over £2 million currently under consideration.

Cabinet will be given a full update on the fund and be asked to agree to receiving an annual update when it meets on Wednesday 22 April.

Filed Under: Business, home_page, News, News Headline

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