Lynred breaks ground on new €85 million industrial site for infrared technologies[Johannesburg, 11 May 2023] -
Grenoble, France - May 10, 2023: Lynred, a global leader in the production of high-quality infrared detectors for the aerospace, defence, and commercial markets, has broken ground on its new €85 million industrial site. This state-of-the-art facility will cater to the growing demand for advanced infrared technologies, particularly within the automotive sector, while strengthening France's industrial sovereignty in the field.
The new Lynred site marks the company's largest construction investment since its inception in 1986. To finance the project, Lynred secured loans from CIC bank and Bpifrance.
The expansion will double Lynred's cleanroom footprint to a total of 8,200 m2 (88,264 ft2) and is driven by two strategic objectives... [Full Story...]