21 April 2015 – infrared products
The company has reported increased demand for its infrared products. In the first quarter of 2015 it received several new long term purchase orders, worth up to $3m, for its antimonide substrate materials. The purchase orders are from a number of different customers and for a combination of large diameter indium antimonide (InSb) and gallium antimonide (GaSb) substrate materials. Positive momentum continues to build and we retain our BUY rating.