# Lynred invests EUR 85 million in new infrared detector facility in France

Lynred announced an EUR 85 million investment to build a new industrial site for infrared detector production in Grenoble, France. The project will increase cleanroom space by 8,200 m² and boost production capacity by 50% in 2025 and 100% by 2030.

- Type: Expansion
- Announced: 2023-05-11
- Where: Grenoble, France, France
- Value: $93.0M (85.0M EUR)
- Starts operating: 2025
- Status: announced
- Capacity: 50% increase by 2025, 100% by 2030
- Products: infrared detectors
- Sectors: [Semiconductors and Industrial Electronics](https://endata.com/sectors/semiconductors-electronics.md)

## Companies

- [Lynred](https://endata.com/companies/70210.md)

## Sources

- [vipress.net](https://vipress.net/lynred-investit-85-millions-deuros-dans-un-nouveau-site-dedie-aux-technologies-infrarouges/), 2023-05-11: "Je suis ravi de voir se concrétiser notre projet de site industriel de pointe, qui conforte notre position de numéro 2 mondial de l'infrarouge."

---
Data from Endata (https://endata.com/). Announcements are summarized from public sources and may be incomplete; check the linked originals.