III-V Epi reports a year of growth
UK company strengthens position as both industrial and academic supplier
The UK firm III-V Epi, a specialist in prototype and lower volume III-V epitaxial structures by MBE and MOCVD, has reported that 2023 saw unprecedented growth, strengthening its position in both photonics manufacture and the quantum supply chain.
70 percent of its revenue now comes from industrial projects with on-going, production requirements for markets including high-growth, telecoms, datacoms, additive manufacturing, LiDAR, and multiple, optical sensing industries.
Calum McGregor, director of III-V Epi, said: “Industrial projects are key to our growth and long-term success. Our devices now enable live product ranges in many industries, with on-going, increasing and sustained requirements. 50 percent 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 percent of our portfolio."
Company highlights included CTO, Richard Hogg’s appointment as Professor of Photonics at Aston University, focusing on research and photonic device commercialisation. Industry expert, Neil Gerrard, became III-V Epi’s director of Epitaxy, supporting all aspects of the III-V Epi’s manufacturing and development process.
