The total revenue consists of sales from the company’s solar, thermal technology and carbon fiber business units and global service network.

Despatch Industries CEO Patrick Peyton said that 2010 has been a record year for the company, and its increased sales revenue reflects the phenomenal growth of its solar business unit and the major orders won by the thermal technology and carbon fiber business units in the third quarter.

"All indications point to this success continuing through the next quarter and well into 2011," Peyton said.

Though all markets were strong in the third quarter, the company attributes a large part of its success to its solar business in Asia.