Nynomic is a high-quality photonics SME emerging from a cyclical trough, with sticky OEM revenues, rising backlog, and significant margin re-rating potential.
Overview
Nynomic AG is a German photonics technology group specializing in non-contact, non-destructive optical measurement systems. Through 14 specialized subsidiaries, it serves Clean Tech, Green Tech, and Life Science markets with spectrometers, sensors, pyrometers, MIR upconversion technology, and integrated software. Its OEM design-in model, vertical integration, and one-stop-shop capability create sticky, long-duration revenue streams. After two difficult years, restructuring under NyFIT2025 positions the company for renewed growth and margin recovery.