Lynred

Lynred Overview

Company Headquarters: France

Founded: 1986

Workforce: ~1,050

Company Working: Lynred and its subsidiaries, Lynred USA and Lynred Asia-Pacific, are global leaders in the development and production of high-quality infrared technology for aerospace, defence, and commercial applications. Lynred, the result of a recent merger of Sofradir and ULIS, provides a diverse range of infrared detectors that span the full electromagnetic spectrum from near to very far infrared. The company’s wide range of advanced infrared detectors include by wavelength SWIR, MWIR, LWIR, and VLWIR.

The Group's products are vital to a variety of military programmes and applications. Its infrared detectors are a critical component of many leading brands of commercial thermal imaging equipment sold in Europe, Asia, and North America. The company is the main European maker of infrared detectors used in space.

Strategy

Lynred aims to offer infrared detectors to meet the needs of a broad range of markets as its products are compatible with the demands of a variety of industries. They are reliable and robust enough for defense applications, compact and powerful enoughfor surveillance and leisure applications, and stable and sensitive enough for industrial thermography, industrial systems, and thermography for fire and rescue applications. This attracts the huge customer base which directly helps in building high revenue.

Company Snapshot

1,050

Employees

1986

Founded

France

Headquarters

SWOT Analysis

Strengths

Large customer base
Strong worldwide presence

Weaknesses

Limited number of MWIR product portfolio

Opportunities

Growing MWIR market

Threats

Rising number of competitor

Key Developments

Date	Approach	Development
June 2022	Product Launch	Lynred successfully launched two multispectral linear array infrared detectors for use in a variety of Earth observation missions. Pega and Capyork are intended for integration into imaging satellites, tracking and measurement devices used in water cycle observation and drought evaluation, as well as monitoring of sea and land surface temperatures, among many other possible commercial space applications. Both devices can be adapted to operate in MWIR range. This enhances company’s product portfolio.
September 2021	Product Launch	Lynred launched Galatea MW, one of the compact and low power consumption infrared (IR) detectors on the market. Its SWaP (Size, Weight, and Power) design enhances the autonomy and performance of battery powered devices. This enhances company’s product portfolio in MWIR segment.
March 2021	Business Development	Lynred announced that it will invest €2.8 million ($3.37M) in developing next-generation infrared (IR) detectors. Lynred will receive €900,000 ($1.08M) in R&D funding from the French government, as part of a program to revamp the microelectronics ecosystem in France.

Product Offering

Lynred
- Global Mid-Wave Infrared (MWIR) Sensors Market

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