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
  0.00 0.0% 24.00 20.00 28.00 24.00 24.00 24.00 0.00 08:00:00
Industry Sector Turnover (m) Profit (m) EPS - Basic PE Ratio Market Cap (m)
Electronic & Electrical Equipment 3.1 -0.8 -1.6 - 13

Windar Photonics PLC OEM order

21/01/2020 7:00am

UK Regulatory (RNS & others)


Windar Photonics (LSE:WPHO)
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3 Months : From Jan 2020 to Apr 2020

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RNS Number : 3804A

Windar Photonics PLC

21 January 2020

21 January 2020

Windar Photonics plc

("Windar" or the "Company")

OEM order

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 the Company has received an order for 100 WindVision(TM) systems to be delivered in 2020.

In 2019, Windar's distributor in China delivered 33 WindEye systems on 33 new CNR 2 MW wind turbines in China. Following this project, Windar has received a new order for 100 WindVision(TM) systems to be installed on CNR wind turbines, also in China. The installation and integration are planned to be completed within 2020. This OEM order is in line with management expectations.

Martin Rambusch, General Manager, commented: "I am very pleased to have secured this first larger OEM order for our WindVision(TM) systems. Of equal importance, every CNR turbine will be deployed with our systems and integrated in the wind turbines to enhance their performance."

For further information:

 
 Windar Photonics      Martin Rambusch, General Manager            +45 21689476 
 
 Cantor Fitzgerald 
  Europe               David Foreman, Luke Philippou (Corporate 
  Nominated Adviser     Finance)                                   +44 20 7894 
  and Broker            Keith Dowsing (Sales)                       7000 
 

About Windar:

Windar Photonics is a technology group that develops cost-efficient and innovative Light Detection and Ranging ("LiDAR") optimization 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 news service of the London Stock Exchange. RNS is approved by the Financial Conduct Authority to act as a Primary Information Provider in the United Kingdom. Terms and conditions relating to the use and distribution of this information may apply. For further information, please contact rns@lseg.com or visit www.rns.com.

END

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January 21, 2020 02:00 ET (07:00 GMT)

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