Windar Photonics (GB:WPHO) has released an update.
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Windar Photonics PLC reported a 71% revenue increase to €2.3m for the first half of 2024, with a significant foothold in the North American market following a $1.3m order. The company successfully launched its Nexus software suite, contributing to a positive outlook, and with a solid cash position post a £4.4m capital raise, Windar anticipates strong year-end growth. Operational improvements, including increased production capacity and a robust sales pipeline, have positioned Windar for confident future performance across global markets.
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