Windar Photonics (WPHO)

Sector:

Electronic and Electrical Equipment

Index:

FTSE AIM All-Share

 44.50p
   
  • Change Today:
      0.000p
  • 52 Week High: 50.50
  • 52 Week Low: 23.50
  • Currency: UK Pounds
  • Shares Issued: 81.29m
  • Volume: 51,852
  • Market Cap: £36.17m
  • RiskGrade: 745

Windar receives order for five LiDAR systems

By Josh White

Date: Wednesday 06 Dec 2017

LONDON (ShareCast) - (ShareCast News) - Wind sensor technology group Windar Photonics has received an order for five LiDAR systems from a Chinese original equipment manufacturer for immediate delivery, it announced on Wednesday.
The AIM-traded firm said the orders were for a mix of both its 'WindEye' and 'WindVision' LiDAR systems.

It explained that the LiDAR systems are intended to be integrated directly for general turbine optimisation.

The integration of the LiDAR reportedly enables the wind turbine to optimise the annually-generated power, and at the same time reduce the general turbine load whereby the lifespan of the wind turbine could be enhanced.

Windar said the integration and turbine optimisation would take advantage both its capabilities of measuring wind speed and wind direction, as well as the recently-added additional feature of wind shear detection, and wake and turbulence detection.

"I am very pleased with this new order and despite knowing it does take a considerable amount of time from starting such new test projects to final turbine platform design wins and volume orders, it is important to continue to grow the number of these projects to support our long term growth expectations," said Windar chief executive Jørgen Korsgaard Jensen.

"With this latest order we now have either completed or are currently conducting test projects with the majority of both top 10 and top 20 global OEM manufactures.

"Some of these existing projects have been ongoing for several years, and based on test results we do expect to achieve major and all-important turbine platform design wins to substantially transform our activity and revenue levels."

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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 44.50p
Change Today 0.000p
% Change 0.00 %
52 Week High 50.50
52 Week Low 23.50
Volume 51,852
Shares Issued 81.29m
Market Cap £36.17m
RiskGrade 745

WPHO Star Ratings

Compare performance with the sector and the market.
more star ratings
Key: vs Market vs Sector
Value
80.69% below the market average80.69% below the market average80.69% below the market average80.69% below the market average80.69% below the market average
88.89% below the sector average88.89% below the sector average88.89% below the sector average88.89% below the sector average88.89% below the sector average
Price Trend
55.99% above the market average55.99% above the market average55.99% above the market average55.99% above the market average55.99% above the market average
74.36% above the sector average74.36% above the sector average74.36% above the sector average74.36% above the sector average74.36% above the sector average
Income Not Available
Growth
57.14% above the market average57.14% above the market average57.14% above the market average57.14% above the market average57.14% above the market average
65.71% above the sector average65.71% above the sector average65.71% above the sector average65.71% above the sector average65.71% above the sector average

WPHO Dividends

No dividends found

Trades for 22-May-2024

Time Volume / Share Price
15:34 51,095 @ 45.00p
08:33 757 @ 44.60p

WPHO Key Personnel

CEO Jørgen Korsgaard Jensen (Danish)
Chair David George

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