News: Optoelectronics
8 October 2024
Lynred acquires SWIR imaging provider New Imaging Technologies
In a strategic move to consolidate its position in infrared sensors, Lynred of Grenoble, France, which designs and manufactures infrared (IR) sensors for aerospace, defense and commercial applications, has acquired Paris-based New Imaging Technologies, which designs and manufactures shortwave-infrared (SWIR) imaging sensors and modules based on indium gallium arsenide (InGaAs) focal plane arrays. Lynred’s product portfolio will expand to include high-definition large-array SWIR sensors in small pixel pitch, bolstering its product range across all wavelength bands (short to very longwave). The transaction is expected to close in fourth-quarter 2024 and is subject to customary conditions.
The deal includes New Imaging Technologies’ large portfolio of SWIR products (imaging sensors and modules) and a portfolio of wide-dynamic-range patents. This enables Lynred to offer global customers large-format SWIR sensors with advanced capabilities for applications in markets where artificial intelligence (AI), deep learning and multi-spectral imaging are driving growth.
New Imaging Technologies (NIT) is reckoned to be the only European firm to manufacture and market a SWIR HD1080p array and associated module at a pixel size of 8µm, a key asset for several applications that Lynred will now leverage.
“Lynred’s acquisition of NIT is a growth accelerator. We will shorten time to market and leverage synergies in offering state-of-the-art SWIR products,” says Lynred’s executive president Hervé Bouaziz. “The global market for SWIR infrared imaging for machine vision is growing fast, as well as for defense applications, such as laser detection and in new space,” he adds. “NIT brings to Lynred the agility of a small, innovative organization, with an extensive product offering able to cater to our large customer base. As we share complementary industrial supply chains and technical skills, we can deliver highly competitive SWIR imaging sensors and modules to customers.”
In parallel to the strategic acquisition of NIT, Lynred is also investing significantly in its ongoing Campus project, which includes the construction of cleanrooms that will double Lynred’s existing capacity.
Lynred and NIT are attending Vision Stuttgart in Germany (8–10 October) in booth #8C46, and the AUSA 2024 Annual Meeting & Exposition in Washington DC (14–16 October), in booth #8015, showcasing products based on the companies’ latest technical achievements.
Lynred appoints executive president and CEO
Lynred breaks ground on €85m site for IR detector manufacturing
www.messe-stuttgart.de/vision/en
