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The Paul Scherrer Institut operates two meson graphite targets, Target M and Target E, for creating the world's most intense pion and muon beams by using 590 MeV protons and c.w. beam currents of up to 2.4 mA (=1.4 MW). The energy deposit on Target E is 20 kW mA -1 . The proton beam feeds also the spallation neutron source SINQ, which operates in DC mode and produces thermal and cold neutrons. The SINQ target consists of a bundle of lead filled Zircaloy tubes. In this report the continuous developments of both target facilities and their operation are presented.

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