15th Jun 2016 07:11
LONDON (Alliance News) - Laser diodes distributor ProPhotonix Ltd on Wednesday said it has received a USD1.1 million order for laser modules from one of its largest customers.
Deliveries are currently scheduled for the remainder of 2016 and early 2017.
"We are delighted to receive this order from our customer. We have been collaborating with them on this product design for their application for more than a year, and this order represents a joint success for both of our companies. Production fulfilment for this customer began at the end of 2015 and has ramped up dramatically," said Jeremy Lane, managing director of ProPhotonix's laser business unit.
Shares in ProPhotonix were untraded early Wednesday, having last traded at 2.75 pence.
By Karolina Kaminska; [email protected] @KarolinaAllNews
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