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Windar Photonics ( (GB:WPHO) ) has issued an announcement.
Windar Photonics has reported record revenue of €5.7 million for 2024, despite some delivery delays, and anticipates strong trading in early 2025 due to rephased orders and a significant US market order. The company has also secured its first pure software order for the Windar Nexus OS, marking a milestone in its transition towards recurring revenues. Windar is making strides in offshore wind turbine deployment and strengthening its internal resources, supported by a successful £5.9 million placing, positioning it well for future growth.
More about Windar Photonics
Windar Photonics plc is a technology group specializing in LiDAR-assisted monitoring and optimization solutions for wind turbine platforms. The company focuses on providing turbine optimization and monitoring solutions across various markets including North America, Europe, Asia, and Australasia.
YTD Price Performance: -30.58%
Average Trading Volume: 39,881
Technical Sentiment Signal: Buy
Current Market Cap: £40.47M
See more data about WPHO stock on TipRanks’ Stock Analysis page.