Windar Photonics secures 'significant order'

(Sharecast News) - Technology firm Windar Photonics has secured a "significant order" for a total value of $2.5m for delivery to the US market in the first half of 2025.

Windar said the order was for a full farm deployment of its monitoring and optimisation solution for Vestas V82 wind turbines and represented the second full wind farm roll-out with the unnamed customer.

The AIM-listed group noted that its US-based customer has several additional wind farms in North America and that it anticipates receiving further orders in the coming year.

Windar said: "The new order constitutes the largest discrete order in the company's history and will represent the seventh full wind farm in North America with Vestas V82 wind turbines to be equipped with the company's unique Turbine Monitoring and Optimisation solution. Approximately 8% of the order value is attributable to software-related income derived from the Windar Nexus software suite."

As of 0950 GMT, Windar shares had rallied 9.11% to 55.10p.

Reporting by Iain Gilbert at Sharecast.com

Windar Photo