\panda\ at FAIR will address the physics of strangeness in nuclei by several novel and unique measurements. These studies are only made possible by the one-of-a-kind combination of the stored antiproton beam at FAIR and the modular \panda\ detector which will be complemented by a germanium detector array. The latter was made available by a cooperation with the NUSTAR collaboration. \begin{itemize} \item \panda\ also offers the unique possibility to search for X-rays from very heavy hyperatoms such as e.g. $\Xi^-$-$^{208}$Pb. This will complement experiments at J-PARC which attempt to measure X-rays in light and (possibly) medium-heavy nuclei by the J-PARC E03 and E07 experiments. The measurement at \panda\ will allow to constrain the real and imaginary potential of $\Xi^-$ hyperons in the neutron skin of the lead nucleus. \item \panda\ will extend the studies on double hypernuclei by performing for the first time high resolution $\gamma$-spectroscopy of these nuclei. Thus, \Panda\ complements measurements of ground state masses of double hypernuclei in emulsions at J-PARC conducted by the E07 Collaboration \cite{E07-proposal,doi:10.1142/9789814618229_0025} or the production of excited resonant states in heavy ion reactions which may, for example, be explored in future by the CBM Collaboration. Together, these measurements will provide a as yet unrivaled information on the structure of double $\Lambda\Lambda$ hypernuclei. \item Furthermore, the exclusive production of hyperon-antihyperon pairs close to their production threshold in $\Pap$ - nucleus collisions offers a unique and hitherto unexplored opportunity to elucidate the behaviour of antihyperons in cold nuclei which is intimately related to the short-range part of the baryonic interaction. \end{itemize} In all these studies, the production of low momentum {\PagL} within nuclei or slow $\Xi^-$ hyperons which can eventually be stopped in a secondary target material play an essential role.

The PANDA experiment at the future Facility for Antiproton and Ion Research (FAIR) will address fundamental questions of hadron physics with unprecedented precision. To reach this goal excellent Particle Identification (PID) is essential over a large range of particle momenta and solid angles. Most of the phase space will be covered by two innovative DIRC (Detection of Internally Reflected Cherenkov light) detectors. The Endcap Disc DIRC and Barrel DIRC will cover the polar angle range from 5 to 22$^\circ$ and 22 to 140$^\circ$, respectively. Both detectors rely on high precision optical components, lifetime-enhanced Microchannel Plate PMTs (MCP-PMTs), and fast readout electronics.