Windar Photonics has raised £5.9m through a placing of 14.7m shares at 40p. The business is growing very rapidly; revenue jumping from €1.9m in FY22, to €4.8m in FY23, and the recent 3Q update revealed FY24 revenue will be between €6m to €7m with a €60m pipeline of prospective sales for just the hardware.
