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North East Business Awards celebrate the best of the region's business community

County Durham technology company Filtronic won the top Business of the Year prize after a stellar year of growth

Celebrating 25 years of North East business awards at Hardwick Hall, Co Durham. Winners, Business of the year, Filtronic(Image: Simon Greener/Newcastle Chronicle)

A County Durham tech company which is making waves in the space sector has triumphed as the Business of the Year at the grand final of the North East Business Awards.

The win tops a stellar trading period for Filtronic, which is enjoying a transformative time on the back of its radio frequency technology – products which have grabbed the attention of Elon Musk’s SpaceX.

The company, which also has operations in Leeds and Cambridge, has seen its partnership with Mr Musk’s business expand, allowing deeper collaboration between the two companies having struck an initial ($60m) agreement over a year ago. Filtronic last month extended its agreement allowing SpaceX to buy shares in the company, having sealed its biggest order to date for its cover E-band GaN products– a contract topping $62.5m (£47.3m).

The NETPark-based business won the final trophy of the night at the black tie event at Hardwick Hall – the 25th final of the North East Business Awards – where hundreds of its peers gathered for the largest awards night in the region’s business calendar.

It edged out fellow regional winners Advantex Network Solutions and CF Fertilisers º£½ÇÊÓÆµ Ltd to take the coveted award.

North East Business Awards(Image: Reach plc)

Director of engineering at Filtronic, Andy Tucker, said: “ To be able to have companies like SpaceX come to a company in the North East to design and manufacture key parts of their network infrastructure is a fantastic achievement. It’s fantastic recognition for the North East, the talent for the North East.

“This award is very motivational. It’s great for the individual individuals, recognising their efforts, their talents.”

The night saw judges hand out 11 awards to North East winners, having announced regional winners for Northumberland & Tyneside, Durham, Sunderland & South Tyneside and Teesside ahead of the grand final. Winners at the event included Opencast for Growth Award, Active Families North East for the Business for Good Award, Osbit for the Made in the North East Award, and the Best Place to Work Award winner CF Fertilisers º£½ÇÊÓÆµ Ltd.