Windar Photonics (WPHO)

Business description

Windar Photonics is a Copenhagen-based developer and manufacturer of an innovative, low-cost light detection and ranging (LiDAR) system. Approaching wind direction and speed is measured ahead of a wind turbine, allowing appropriate yaw alignment.

Innovative and disruptive low-cost LIDAR

Initiation | Alternative Energy | 30/03/2015

Windar Photonics’ admission to AIM provides investors with the opportunity to participate in the anticipated strong growth phase of this industrial technology company. Windar was created to commercialise an innovative low-cost, tower-mounted light detection and ranging (LIDAR) wind measurement system designed to increase wind turbine efficiency and reduce operational wear. With initial results showing that wind turbine energy efficiency can be increased by c 1-3%, payback of system installation can be as low as six months for a large 6MW system and around three years for the most frequently installed 1.5-2MW variants. Success will be determined by the rate at which new contracts can be won.

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Stock data

Market cap.£36.6m
Last close87.500p
High / Low (52 weeks)110.0p / 68.5p
Stock market listingLN
Forecast net cash (€m)1
Forecast gearing ratio (%)N/A
SectorAlternative Energy

Price performance

Relative *0.8(4.1)1.6

* % Relative to local index

Company news

Windar Photonics

Fri, 07 Apr 2017 07:34:58 GMT

Windar Photonics

Wed, 28 Dec 2016 13:43:56 GMT

Windar Photonics

Wed, 03 Jan 2018 08:05:41 GMT

Windar Photonics

Fri, 29 Dec 2017 11:16:57 GMT

Windar Photonics

Tue, 06 Feb 2018 16:52:30 GMT