IQE secures $5.8M in purchase orders for infrared wafers

IQE announced it has secured $5.8 million in purchase orders from two long-standing infrared sensing customers for epitaxial wafers and base substrates. The orders include a three-year agreement with a $1.7 million first-year commitment for gallium antimonide wafers, and a $4.1 million order for antimonide substrates into 2026.

“IQE plc is pleased to announce that it has secured $5.8m in purchase orders for the provision of epitaxial wafers and base substrates from two long-standing Infrared (“IR”) sensing customers.”iqep.com

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• iqep.comIQE secures $5.8m Infrared customer commitments | IQE CorporateJan 9, 2025

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