REG - Windar Photonics PLC - New $2.6m Order For The US Market

Windar PhotonicsAnnouncement

11/08/2025 07:00

For best results when printing this announcement, please click on link below:
https://newsfile.refinitiv.com/getnewsfile/v1/story?guid=urn:newsml:reuters.com:20250811:nRSK7324Ua&default-theme=true

RNS Number : 7324U  Windar Photonics PLC  11 August 2025

11 August 2025

("Windar" or the "Company")

WINDAR PHOTONICS SECURES NEW US$2.6M ORDER FOR THE US MARKET

Windar Photonics plc (AIM:WPHO), the technology group that has developed the
LiDAR assisted monitoring and optimisation solution across multiple wind
turbine platforms, is pleased to announce a significant new order for a total
value of US$2.6 million from a US customer.

Scheduled for delivery and commissioning in the third quarter of 2025, the
order is for a full wind farm deployment to retrofit Vestas V82 wind turbines.
The project, which represents the eighth full wind farm roll-out of the Windar
solution in North America including both the Company's LiDAR sensor and the
Nexus OS software; where approximately 14% of the order value is attributable
to software-related revenue from the Windar Nexus OS software and its
associated licenses. The order highlights the continued and growing demand for
the Company's technology in the North American market, where Windar's
optimisation and monitoring solution is close to being deployed on more than
25% of the entire North American fleet of Vestas V82 turbines.

Despite the recent policy changes in North America, including those related to
tax credits and import tariffs, the Company is pleased to confirm that these
changes have not had a material impact on the business case for its solutions
and that there is still a growing demand for both Windar's hardware and
software solutions.

Jørgen Korsgaard Jensen, Chief Executive, commented: "This latest order is
another fantastic achievement for Windar Photonics and a clear indicator of
the strong demand for our technology in North America. It's clear that our
Monitoring and Optimisation solution is delivering significant value, and we
are proud to be a trusted partner in helping our customers enhance their wind
farm performance."

This announcement contains inside information for the purposes of Article 7 of
the UK version of Regulation (EU) No 596/2014 which is part of UK law by
virtue of the European Union (Withdrawal) Act 2018, as amended ("MAR"). Upon
the publication of this announcement via a Regulatory Information Service,
this inside information is now considered to be in the public domain.

 

For further information, please contact:

 Windar Photonics plc
 Jørgen Korsgaard Jensen, CEO                      Tel: +45 24234930

 Grant Thornton UK LLP

 Nominated Adviser
 Philip Secrett / Harrison Clarke / Elliot Peters  Tel: +44 (0) 20 7383 5100

 Dowgate Capital

 Broker
 James Serjeant / Russell Cook                     Tel: +44 (0) 20 3903 7715

 Novella Communications
 Tim Robertson / Safia Colebrook                   Tel: +44 (0) 20 3151 7008

 

 

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 (mailto:rns@lseg.com)
 or visit
www.rns.com (http://www.rns.com/)
.

RNS may use your IP address to confirm compliance with the terms and conditions, to analyse how you engage with the information contained in this communication, and to share such analysis on an anonymised basis with others as part of our commercial services. For further information about how RNS and the London Stock Exchange use the personal data you provide us, please see our
Privacy Policy (https://www.lseg.com/privacy-and-cookie-policy)
.   END  MSCSFWFUSEISEFA