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5N Plus Boosts Space Solar Cell Capacity Again to Meet Surging Satellite Demand

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5N Plus Boosts Space Solar Cell Capacity Again to Meet Surging Satellite Demand

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5N Plus ( (TSE:VNP) ) has provided an update.

5N Plus, through its subsidiary AZUR SPACE Solar Power, is ramping up space solar cell production with a further 25% capacity increase planned for 2026, on top of expansions of 35% in 2024 and 30% in 2025, to meet surging demand driven by AI-related data processing, satellite connectivity, Earth observation and security applications. By optimizing processes, automating both front‑end and back‑end operations, and using existing facilities to add capacity with limited new investment, the company aims to capitalize on a full order backlog and strong project pipeline, reinforcing its leadership in space-grade solar technology and supporting continued growth initiatives for satellite and space-mission customers.

The most recent analyst rating on (TSE:VNP) stock is a Buy with a C$27.00 price target. To see the full list of analyst forecasts on 5N Plus stock, see the TSE:VNP Stock Forecast page.

Spark’s Take on TSE:VNP Stock

According to Spark, TipRanks’ AI Analyst, TSE:VNP is a Outperform.

The score is driven primarily by strong financial performance and an upbeat earnings update with raised EBITDA guidance and record results. This is tempered by weaker cash conversion metrics, an extended technical setup (overbought RSI), and a relatively high P/E valuation.

To see Spark’s full report on TSE:VNP stock, click here.

More about 5N Plus

5N Plus Inc., headquartered in Montreal, is a leading global producer of specialty semiconductors and performance materials whose ultra‑pure products form critical components in customers’ technologies. Leveraging proprietary manufacturing processes, the company serves key markets including renewable energy, security, space, pharmaceuticals, medical imaging and various industrial applications, operating R&D, manufacturing and commercial centers across Europe, North America and Asia.

Average Trading Volume: 436,338

Technical Sentiment Signal: Buy

Current Market Cap: C$2.14B

See more insights into VNP stock on TipRanks’ Stock Analysis page.

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