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Windar Photonics ( (GB:WPHO) ) just unveiled an announcement.
Windar Photonics plc has secured a major order valued at $2.5 million for its LiDAR-assisted monitoring and optimization solution, set for delivery to the US market in the first half of 2025. This order marks the largest in the company’s history and signifies growing demand for its technology, particularly with repeat business from an existing customer for full deployment across a wind farm with Vestas V82 turbines. The order also highlights the potential for further sales as the customer operates several additional wind farms in North America.
More about Windar Photonics
Windar Photonics plc is a technology group specializing in LiDAR-assisted monitoring and optimization solutions for wind turbine platforms, primarily focusing on enhancing the performance and efficiency of wind energy systems.
YTD Price Performance: 5.21%
Average Trading Volume: 60,908
Technical Sentiment Consensus Rating: Sell
Current Market Cap: £48.5M
Learn more about WPHO stock on TipRanks’ Stock Analysis page.
