An exceptional 2023 saw unprecedented growth for III-V Epi, strengthening its position in both global photonics manufacture and the quantum supply chain. The company is a specialist and trusted manufacturer of prototype and lower volume, III-V epitaxial structures by MBE and MOCVD. 70% of its revenue 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.
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% 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 characterisation services, explicitly aimed at expediting device manufacture for customers and accelerating their NPI.
“Company highlights this year included CTO, Richard Hogg’s appointment as Professor of Photonics at Aston University, focusing entirely on research and photonic device commercialisation. Furthermore, industry expert, Dr. Neil Gerrard, became III-V Epi’s Director of Epitaxy, supporting all aspects of the III-V Epi’s manufacturing and development process. 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.”