REG - Windar Photonics PLC - AGM Trading Update

Windar PhotonicsAnnouncement

05/08/2024 07:00

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RNS Number : 0746Z  Windar Photonics PLC  05 August 2024

5 August 2024

 

Windar Photonics plc

("Windar Photonics" or the "Company")

 

AGM Trading Update

 

Windar Photonics plc (AIM: WPHO), the technology group that has developed its
WindEye and WindTimizer LiDAR wind sensors and its related 'Nexus' software
suite designed to efficiently and cost effectively increase the power output
and reduce lifetime operating costs of electricity generating wind turbines,
gives an update ahead of the Company's AGM later today.

 

Windar Photonics provided a trading update, alongside the 2023 final results
announcement, on 1st July. Since then, the Company has received a new order
from a Canadian client  to test our WindEye product on the Senvion turbine
platform, starting in September. While the value of this test order, which
includes the use of supporting software, is not in itself material, the Board
anticipates that if the test is successful, this could lead to potentially
significant new orders.

We continue to be in discussions with numerous operators in North America
regarding orders for multiple turbine platforms and our view of the order
outlook in Japan, Australia and China remains optimistic. The Board looks
forward to providing a further update on progress with our interim results in
the autumn.

 

 

 

 

 

 

 

For further information, please visit www.investor.windarphotonics.com
(http://www.investor.windarphotonics.com/) or contact:

 

 

 

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

 Gavin Manson

 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

 

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