Windar Photonics (WPHO)

Sector:

Electronic and Electrical Equipment

Index:

FTSE AIM All-Share

41.50p
   
  • Change Today:
    -2.50p
  • 52 Week High: 51.50
  • 52 Week Low: 32.41
  • Currency: UK Pounds
  • Shares Issued: 81.29m
  • Volume: 17,779
  • Market Cap: £33.73m
  • RiskGrade: 745
  • Beta: 0.06

Windar Photonics launches wind turbine software platform

By Josh White

Date: Thursday 22 Feb 2024

LONDON (ShareCast) - (Sharecast News) - Windar Photonics announced Windar Nexus, a wind energy sector software platform, on Thursday.
The AIM-traded LiDAR wind sensor specialist said the software was designed to enhance the efficiency and output of electricity-generating wind turbines.

It said Windar Nexus would provide local end-users of WindEye Lidar products with a seamless monitoring solution.

One of its key features was its ability to enable monitoring of WindEye Lidar fleets without the necessity for modular connectivity to the centralised Windar Control Centre in Copenhagen.

That, the firm explained, would effectively mitigate any connectivity issues stemming from evolving network and internet security protocols enforced by end-user customers.

The software offered monitoring capabilities to allow users to track system parameters.

Additionally, it continuously analyses data to identify potential optimisations for precise yaw adjustments tailored to each individual wind turbine.

By optimising yaw, Windar Nexus would allow for increased annual power production, further enhancing the efficiency of wind energy generation.

"The initial purpose of developing the Windar Nexus software suite was to reduce potential sales barriers to new end-user customers by eliminating the need for modular connectivity requirements whereby the increasing internet/network security policies are made irrelevant to our product offerings," said chief executive officer Jorgen Korsgaard Jensen.

"And what might be even more important going forward is that, having a local software platform running on individual sites, potentially opens up the promotion of new software modules and solutions whereby Windar can launch new software releases focused on both additional turbine optimization and general turbine monitoring services."

At 1301 GMT, shares in Windar Photonics were flat at 32.5p.

Reporting by Josh White for Sharecast.com.

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Note 1: Prices and trades are provided by Digital Look Corporate Solutions and are delayed by at least 15 minutes.

Note 2: RiskGrade figures are provided by RiskMetrics.

 

WPHO Market Data

Currency UK Pounds
Share Price 41.50p
Change Today -2.50p
% Change -5.68 %
52 Week High 51.50
52 Week Low 32.41
Volume 17,779
Shares Issued 81.29m
Market Cap £33.73m
Beta 0.06
RiskGrade 745

WPHO Star Ratings

Compare performance with the sector and the market.
more star ratings
Key: vs Market vs Sector
Value
37.26% below the market average37.26% below the market average37.26% below the market average37.26% below the market average37.26% below the market average
65.71% below the sector average65.71% below the sector average65.71% below the sector average65.71% below the sector average65.71% below the sector average
Price Trend
19.28% above the market average19.28% above the market average19.28% above the market average19.28% above the market average19.28% above the market average
62.16% above the sector average62.16% above the sector average62.16% above the sector average62.16% above the sector average62.16% above the sector average
Income Not Available
Growth
65.35% above the market average65.35% above the market average65.35% above the market average65.35% above the market average65.35% above the market average
81.82% above the sector average81.82% above the sector average81.82% above the sector average81.82% above the sector average81.82% above the sector average

WPHO Dividends

No dividends found

Trades for 21-Nov-2024

Time Volume / Share Price
11:20 7 @ 43.00p
11:00 272 @ 44.60p
11:00 272 @ 44.60p
09:56 7,500 @ 40.36p
09:26 5,000 @ 41.00p

WPHO Key Personnel

CEO Jørgen Korsgaard Jensen (Danish)
Chair David George

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