Business
5N Plus Inc. to Further Increase Space Solar Cell Production Capacity
5N Plus Inc. (TSX: VNP) ("5N+" or the "Company"), a leading global producer of specialty semiconductors and performance materials, today announced plans by its wholly-owned subsidiary, AZUR SPACE Solar Power GmbH ("AZUR"), to expand solar cell production capacity by an additional 25% in 2026. The new capacity, expected to gradually come online starting in the second half of the year, will add to capacity increases of 30% in 2025 and 35% in 2024.
About this update from 5n Plus Inc.
[{"type":"list","items":[{"val":[{"type":"text","content":"Successful completion of 30% production capacity increase in 2025","length":65,"tagName":"p"}]},{"val":[{"type":"text","content":"Additional 25% capacity increase planned for 2026","length":49,"tagName":"p"}]},{"val":[{"type":"text","content":"AI, connectivity, observation and security needs fueling strong demand for solar cell technology","length":96,"tagName":"p"}]}],"tagName":"ul","bulletedList":true,"length":210,"olType":false},{"type":"text","content":"MONTREAL, Feb. 2, 2026 /CNW/ - 5N Plus Inc. (TSX: VNP) ("5N+" or the "Company"), a leading global producer of specialty semiconductors and performance materials, today announced plans by its wholly-owned subsidiary, AZUR SPACE Solar Power GmbH ("AZUR"), to expand solar cell production capacity by an additional 25% in 2026. The new capacity, expected to gradually come online starting in the second half of the year, will add to capacity increases of 30% in 2025 and 35% in 2024.","length":515,"tagName":"p"},{"type":"image","alt":"5N Plus Inc. (CNW Group/5N Plus Inc.)","displaySize":"","headline":null,"caption":"5N Plus Inc. (CNW Group/5N Plus Inc.)","className":"","disableSlideshowImg":false,"size":{"original":{"width":400,"height":241,"url":"https://media.zenfs.com/en/cnwgroup.com/462993560c757abf5ae2ff8ce51ce9cd"},"resized":{"url":"https://s.yimg.com/ny/api/res/1.2/4UV_EQPUehmrg0x4xT9TSQ--/YXBwaWQ9aGlnaGxhbmRlcjt3PTcwNTtoPTQyNTtjZj13ZWJw/https://media.zenfs.com/en/cnwgroup.com/462993560c757abf5ae2ff8ce51ce9cd","width":400,"height":241}},"href":"https://mma.prnewswire.com/media/2874176/5N_Plus_Inc__5N%C2%A0Plus%C2%A0Inc__to_Further_Increase_Space_Solar_Cell_P.html","hrefExternal":true,"rel":"nofollow"},{"type":"text","content":""With the acceleration of AI adoption and the growing appetite for connectivity, our clients are planning ahead and securing products to support future satellite programs and space missions," said Gervais Jacques, CEO of 5N+. "In this dynamic environment, their trust in our capacity to deliver innovative and high-quality advanced devices is reflected in a maxed-out backlog and robust project pipeline that now warrants additional capacity, in line with the disciplined approach that has served us well."","length":526,"tagName":"p"},{"type":"text","content":"AZUR has a st...