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| Share Name | Share Symbol | Market | Type | Share ISIN | Share Description |
|---|---|---|---|---|---|
| Windar Photonics Plc | LSE:WPHO | London | Ordinary Share | GB00BTFR4F17 | ORD 1P |
| Price Change | % Change | Share Price | Bid Price | Offer Price | High Price | Low Price | Open Price | Shares Traded | Last Trade | |
|---|---|---|---|---|---|---|---|---|---|---|
| 1.00 | 2.13% | 48.00 | 46.00 | 50.00 | 48.00 | 45.00 | 45.00 | 63,653 | 11:28:41 |
| Industry Sector | Turnover | Profit | EPS - Basic | PE Ratio | Market Cap |
|---|---|---|---|---|---|
| Meas & Controlling Dev, Nec | 1.85M | -1.08M | -0.0192 | -25.00 | 26.86M |
From Apr 2019 to Apr 2024
TIDMWPHO
RNS Number : 2882D
Windar Photonics PLC
26 April 2017
26 April 2017
The information contained within this announcement is deemed to constitute inside information as stipulated under the Market Abuse Regulations (EU) No. 596/2014. Upon the publication of this announcement, this inside information is now considered to be in the public domain.
Windar Photonics plc
("Windar" or the "Company")
15 LiDAR Unit Order in China and appointment of new regional distributor
Windar Photonics plc (AIM:WPHO), the technology group that has developed a cost efficient and innovative LiDAR wind sensor for use on electricity generating wind turbines, is pleased to announce that it has received a new order for 15 WindEYE(TM) LiDAR units from a newly appointed regional distributor focused on potential specific IPP customers in China. The LiDAR sensor units are expected to be delivered in Q2 2017.
The newly appointed distributor is working closely with some potential Chinese IPP customers and the majority of the 15 WindEYE(TM) LiDARs are expected to be installed and commissioned on a specific off-shore wind park in China. They will be integrated directly into the wind turbine control system for optimization of yaw alignment to increase the average power generation on the individual wind turbines.
Jørgen Korsgaard Jensen, Chief Executive Officer of the Company, commented:
"The Chinese wind market is a key market for Windar Photonics future growth why I am very pleased for this new order and the agility of our newly appointed distributor. Our strategy in this very important Chinese market is showing progress and I am confident in our China IPP and OEM market expectations."
For further information:
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Jørgen Korsgaard Jensen,
Windar Photonics plc Interim CEO +45 24234930
Cantor Fitzgerald Europe Andrew Craig
Nominated Adviser and Broker Richard Salmond +44 (0)20 7894 7000
About Windar:
Windar Photonics is a technology group that develops cost-efficient and innovative Light Detection and Ranging ("LiDAR") optimisation systems for use on electricity generating wind turbines. LiDAR wind sensors in general are designed to remotely measure wind speed and direction.
http://investor.windarphotonics.com
This information is provided by RNS
The company news service from the London Stock Exchange
END
CNTSEUFDIFWSELL
(END) Dow Jones Newswires
April 26, 2017 02:00 ET (06:00 GMT)
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