News: Suppliers
5 April 2024
III-V Epi’s 2023 growth driven by industrial projects comprising 70% of revenue
III–V Epi Ltd of Glasgow, Scotland, UK says that an exceptional 2023 saw unprecedented growth, strengthening its position in both global photonics manufacture and the quantum supply chain.
The company manufactures prototype and lower-volume III-V epitaxial structures by molecular beam epitaxy (MBE) and metal-organic chemical vapor deposition (MOCVD). Of its revenue, 70% now comes from industrial projects with on-going production requirements for numerous markets including high-growth telecoms, datacoms, additive manufacturing, LiDAR, and multiple optical sensing industries.
“Industrial projects are key to our growth and long-term success,” says director Calum McGregor. “Our devices now enable live product ranges in many industries, with on-going, increasing and sustained requirements. 50% of this business goes to export, with all industrial applications benefiting from the expertise gained from our fast-turnaround, academic projects which make up the remaining 30% of our portfolio. We continue to develop and improve our design, manufacture, test and characterization services, explicitly aimed at expediting device manufacture for customers and accelerating their NPI,” he adds.
“Company highlights this year included CTO Richard Hogg’s appointment as Professor of Photonics at Aston University, focusing entirely on research and photonic device commercialization. Furthermore, industry expert Dr Neil Gerrard became III-V Epi’s director of epitaxy, supporting all aspects of III-V Epi’s manufacturing and development process,” McGregor continues. “Professor Hogg helped lead this year’s European Semiconductor Laser Workshop (ESLW), hosted at the University of Glasgow during a successful ECOC exhibition in Glasgow. Company director professor Steven Beaumont OBE also supported the UK National Quantum Technologies Showcase, one of III-V Epi’s prime markets.”
III–V Epi CTO Richard Hogg co-leading European Semiconductor Laser Workshop
III-V Epi’s CTO Richard Hogg being made Professor of Photonics at Aston University
