THE MOST ADVANCED MID-INFRARED PHOTONIC DETECTORS,
and operations
DETECTION MODULES AND SEMICONDUCTOR MATERIALS
Headquarters in Poland
and branch offices in USA
220 highly qualified and experienced experts
(1 Professor, 14 PhDs and >60 engineers)
25distributors in 18countries
supporting sales of solutions
Listed on the WSE since 2014
Approx. PLN 400 million
capitalisation
Operating in a fast-growing infrared market supported by demand and economic- technology trends
Unique technology and innovative, high-end solutions, tailored to customer needs
6,500 m2 of production space - complete production line for semiconductors
Ambitious development strategy to maintain a 20-30% annual growth rate
Business relationships with global corporations (Safran, Emerson, Caterpillar, TRUMPF, to name a few)
Over 2.5 times growth in revenue and EBITDA over the last 5 years (2017-2021)
6 detectors successfully used in Mars missions
Support for stable long-term
shareholders
AGENDA
EXECUTIVE SUMMARY
SUMMARY OF Q2 2022 ACHIEVEMENTS
FINANCIAL RESULTS FOR Q2 2022
PERSPECTIVES
EXECUTIVE SUMMARY
Q2 2022 SUMMARY
The second best quarter in terms of generated revenues of PLN 20.3 million (+13% y/y)
Record inflow of new sales orders +30% y/y increase in Q2
Lower operating results related to the intensive development of the Company's sales network and the preparation of further development projects
A number of VIGO initiatives undertaken as a response to the increased volatility of the market environment
Continuation of the development of new technologies
and the commercialization process of the existing and new solutions in the framework of the VIGO 2026 Strategy
Completion of the clean room construction and launch of the production
VIGO detectors selected by NASA for the Orion mission
Change of name to VIGO Photonics
Epiwafers
Infrared detetctors
Infrared detection modules
4
SUMMARY OF Q2 2022 ACHIEVEMENTS
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Vigo System SA published this content on 19 September 2022 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 19 September 2022 15:19:06 UTC.
Vigo Photonics SA, formerly known as Vigo System SA, is a Poland-based company engaged primarily in the production of detectors. The Company is operating in two segments: Detection Modules Segment and Semiconductor Materials Segment. Detection Modules Segment is a branch of activities concentrated on the production of different kinds of detectors, especially based on infrared, and standard and customized High Operating Temperature cadmium mercury telluride (HgCdTe) detectors. Semiconductor Materials Segment is a branch of activities concentrated on the production of semiconductors. The Company's products are divided into three categories, including Infrared Detectors, Infrared Cameras and Measurement Equipment. The Company sells its products worldwide, including the United States, Canada, Finland and Australia, among others. The Firm also cooperates and sells the products to American National Aeronautics and Space Administration (NASA).