Semiconductor

Xenics NV

Company Profile Analysis

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Xenics NV - Semiconductor showcase

Year Founded & Workforce

1999-12-31

65 Employees

Industry

Semiconductor

Services

X

Xenics NV Overview

Company Headquarters: Belgium

Founded: 2000

Workforce: ~65

Company Working: Xenics NV is active in the market for advanced IR imaging products and solutions. The company began as a commercial spin-off of the IMEC (Inter-university Microelectronics Centre), which is one of Europe’s leading independent research centres engaged in the exploration and development of advanced microelectronics and nanotechnologies. It is engaged in providing infrared (IR) detectors, imagers, cores, cameras, and accessories such as frame grabbers, filters, cases, cables, and supplies. Its IR detectors cover a wavelength area from 1 micrometre to 14 micrometres. The product portfolio mainly segmented into short-wave infrared (SWIR), mid-wave infrared (MWIR), and long-wave infrared (LWIR). The short-wave infrared (SWIR) part of the infrared spectrum offers unique capabilities for various applications in machine vision, R&D, medical, security, process control and transportation. SWIR imagers typically use reflected light, i.e., similar with the shorter wavelengths of the visible spectrum, and are often complementary to MWIR and LWIR imagers. Most of Xenics SWIR lines can and area detectors are developed in-house and based on a material called InGaAs (Indium Gallium Arsenide). The company has distributors all around the world.

Strategy

Xenics mostly focuses on forming partnerships and signing agreements with several companies in different countries to enhance its product distribution network and reach several regions for MWIR market. This strategy helps the company to increase its revenue and expand its geographic presence in the world.

Company Snapshot

65

Employees

1999-12-31

Founded

Belgium

Headquarters

SWOT Analysis

Strengths

  • Widespread distribution network

Weaknesses

  • Limited number of MWIR products

Opportunities

  • Growing Defence spending

Threats

  • Foreign exchange risks

Key Developments

DateApproachDevelopment
December 2022Acquisition AgreementPhotonis, a global pioneer in highly distinctive technology for the defence and industrial markets, announced the signing of a formal agreement to acquire Xenics. With the addition of Xenics to Photonis, the merged firm will be able to supply distinctive high-end imaging goods to their Business-to-Business customers by mastering component production, having a vast geographical reach, and having superior technological capabilities.
November 2020AgreementXenics signed a non-exclusive distribution agreement with American distributor MSI for the Machine Vision, Process Monitoring, Safety & Security and Scientific & Advanced Research markets in the Pacific Northwest of the United States. The agreement came into force on 7th November 2020. The overall strategy of the Xenics – MSI partnership is to add commercial value to customers through a streamlined sales and service channel. This will provide access to a family of SWIR, MWIR and LWIR imaging systems tailored to the markets in the American states of California, Oregon, and Washington. For Xenics, the agreement is another step of broadening its market position by relying on MSI’s established user base of industrial systems as well as security and R&D applications.
October 2020AgreementXenics signed a non-exclusive distribution agreement with Bulgarian distributor Specialized Imaging Solutions Eood for the Safety & Security markets in Bulgaria, Romania, and Macedonia. The agreement came into force on 5th October 2020. The overall strategy of the Xenics – Specialized Imaging Solutions partnership is to add commercial value to customers through a streamlined sales and service channel. This will provide access to a family of SWIR, MWIR and LWIR imaging systems tailored to the Bulgarian, Romanian and North-Macedonian markets. For Xenics, the agreement is another step of broadening its market position by relying on Specialized Imaging Solutions’ established user base of surveillance and safety systems as well as commercial and homeland security applications.
March 2020AgreementXenics signed a non-exclusive distribution agreement with Czech distributor ATEsystem s.r.o for Machine Vision, Safety & Security and Scientific & Advanced Research markets in Czech Republic and Slovakia. The agreement came into force on 30th March 2020. The overall strategy of the Xenics – ATEsystem partnership is to add commercial value to customers through a streamlined sales and service channel. This will provide access to a family of SWIR, MWIR and LWIR imaging systems tailored to the Czech Republic and Slovakian markets. For Xenics, the agreement is another step of broadening its market position by relying on ATEsystem’s established user base of machine vision systems as well as industrial cameras and other components for image analysis.

Product Offering

  • Xenics NV
    • MWIR

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About the Author

Wantstats Research Team

Wantstats' research desk profiles Xenics NV as part of our ongoing coverage of the Semiconductor sector, drawing on public company data, filings, and market intelligence.

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I have been reading the first document or the study, the Global HVAC and FP market report 2021 till 2026. Must say, good info! I have not gone in depth at all parts, but got a good indication of the data inside!
Jason Lee

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Thanks for your great support. Appreciate it. Well received report. It helps us to understand market well. We're planning other area of survey in the future, let's keep in touch.
Akif Moroglu

Strategy & Business Development Director, Dogan Holding

We got the report in time, we really thank you for your support in this process. I also thank to all of your team as they did a great job.
Noah Malgeri
Noah Malgeri

Co-Founder, Mojave Rail Fabrication Limited

This is really good guys. Excellent work on a tight deadline. I will continue to use you going forward and recommend you to others. Nice job.
Michael Robert

Manager, JavolVision

Thanks, I am so happy that we worked together. Maybe we still can work together in the future.
Joseph Aguayo
Joseph Aguayo

Sales Operations & Pricing Manager, Intel

Thanks. It's been a pleasure working with you, please use me as reference with any other Intel employees.
Bong Lau

Sales Leader, Bamberg

We bought your "2025 report" in 2020. Everything is fine and very good.
Peter Groot Koerkamp
Peter Groot Koerkamp

Account and Business Manager, EFS-Holland BV

Thanks for sending the report it gives us a good global view of the Betaïne market.
Younghwan Choi
Younghwan Choi

Senior Retail Manager, LG Chem

We found the report very insightful! we found your research firm very helpful. I'm sending this email to secure our future business.
Mark Irwin

Management Consultant, Level 21

I am very pleased with how market segments have been defined in a relevant way for my purposes (such as "Portable Freezers & refrigerators" and "last-mile"). In general the report is well structured. Thanks very much for your efforts.
Rob Kooiker

Group Product Manager HVAC & Fire Protection GMA, Rockwool

I have been reading the first document or the study, the Global HVAC and FP market report 2021 till 2026. Must say, good info! I have not gone in depth at all parts, but got a good indication of the data inside!
Jason Lee

R&D Director, Seojin

Thanks for your great support. Appreciate it. Well received report. It helps us to understand market well. We're planning other area of survey in the future, let's keep in touch.
Akif Moroglu

Strategy & Business Development Director, Dogan Holding

We got the report in time, we really thank you for your support in this process. I also thank to all of your team as they did a great job.

Xenics NV

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