REG - Light Science Tech. - AgTech Update

Light Science Technologies HoldingsAnnouncement

02/06/2025 07:00

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RNS Number : 8982K  Light Science Tech. Holdings PLC  02 June 2025

Light Science Technologies Holdings plc

("LSTH", "Light Science", the "Company" or the "Group")

 

AgTech Update

 

Light Science Technologies Holdings plc (AIM: LST), the innovative technology
and manufacturing business providing real-world solutions targeting issues
including global food security and fire safety, announces that it has been
granted a patent for its environmental sensor, sensorGRO, covering its air and
root zones measurement capabilities. These sensors enable existing customers -
including Jepco, Bridge Farm Horticulture and Dyson Farming Research, to
measure the key cardinals of plant life in both air and root zones, to help
them grow more with less in indoor and broadacre environments.

 

Importantly, the patent provides a strong building block for further
development  - with future opportunities focused on a full environmental
sensor, which would include water pollution, air pollution and carbon
monitoring systems. As well as being able to design bespoke solutions for
customers, who can pick and choose certain modules, the sensor system will
also provide a recurring revenue stream, enhancing Group visibility.

 

 

Distribution Agreement Order

The Company also announces that is has received an inaugural order through one
of its distribution agreements for a new LED toplight installation.

 

The Company will supply lighting, customised to the client's specifications,
in a glasshouse with coverage of over 0.8 hectares, incorporating over 400
lights. It will be used to grow lettuce on a bench height moving gutter system
and is expected to become operational in Q1 2026.

 

The Company is focused on increasing its global reach through partnerships,
enabling low-cost and low-risk entry into high-growth markets. Its portfolio
of AgTech lighting and sensor products and solutions is proving to be
increasingly compelling, helping growers and farmers reduce waste, increase
crop yields, and extend the growing season both in indoor and broadacre
environments, increasing their bottom line profit. It continues to generate
significant demand, with a pipeline of over £44m.

 

The Company has strengthened its team with the appointment of Nick Green, who
is targeted with driving forward sensor sales and supporting the development
of strong corporate relationships and sales channels. Nick has 25 years'
experience working in the fresh produce and associated industries, including
Shockingly Fresh and Florette UK & Ireland, bringing a wealth of client
side experience to the team.

 

Mello Presentation

The Company will be presenting at the Mello2025 investor event on Tuesday 03
June 2025, to be held at The Clayton Hotel & Conference Centre, Chiswick
High Road, London, W4 5RY.  LSTH will have a stand at the event, where
investors will be able to see a range of products, and management will be
presenting at 11.40 and 15.00 on the day.

 

For further information and tickets (use code ShareM2550 for 50% off ticket
price) for the Mello2025 conference, please visit the event website at
www.melloevents.com/mello2025
(https://urldefense.proofpoint.com/v2/url?u=http-3A__www.melloevents.com_mello2025&d=DwMF-g&c=euGZstcaTDllvimEN8b7jXrwqOf-v5A_CdpgnVfiiMM&r=lwwmT1lSfgELFLcwvlJQ2ZXDKcVbkQyitKwD17cChBQ&m=CwVV2YACRY1UjqwBqVCBYcQCzsf6wyHBasU66g_7Ga9tRjITYEDz_Hknjwrj3H51&s=bXigEUv12MjMpjt5DFFUvbShIguFFMUn6wnbCoZlb0w&e=)
.

 

GreenTech Amsterdam

Light Science Technologies will be attending GreenTech
(https://www.linkedin.com/company/greentech-rai/) from 10 - 12 June 2025 at
RAI Amsterdam, alongside its distribution partner, Agrolux
(https://www.linkedin.com/company/agrolux_2/) .

GreenTech Amsterdam is an exciting event that brings together horticultural
innovators from all over the world. As well as supporting its partner,
Agrolux, the Company looks forward to connecting with industry professionals,
exploring challenges they face and showcasing how its technologies can help
growers cultivate bigger and better crops.

Simon Deacon, CEO of LSTH, commented: "We are extremely excited by the AgTech
opportunity and believe the patent award  and new contract, in conjunction
with one of our partners, highlight the progress we are making. Importantly,
we are growing our portfolio, reach and routes to market as we focus on
further commercialising our strong pipeline and developing revenue streams."

 

Watch management discuss the AgTech opportunity at the Company's Capital
Markets Day held earlier this year: Capital Markets Day Feb 2025, AgTech
Division - YouTube (https://www.youtube.com/watch?v=rcn4A8LOcBE&t=1s)

 

 

 

For additional information please contact:

 

 Light Science Technologies Holdings plc                    www.lightsciencetechnologiesholdings.com

                                                          (http://www.lightsciencetechnologiesholdings.com/)

 Simon Deacon, Chief Executive Officer                      via Walbrook PR

 Jim Snooks, Chief Financial Officer

 Andrew Hempsall, Chief Operating Officer

 Strand Hanson Limited (Nominated & Financial Adviser)      Tel: +44 (0) 20 7409 3494

 Ritchie Balmer / James Harris / Rob Patrick

 Oberon Capital (Broker)                                    Tel: +44 (0) 203 179 5300

 Mike Seabrook / Nick Lovering

 Walbrook PR Ltd (Media & Investor Relations)               Tel: +44 (0)20 7933 8780 or lst@walbrookpr.com (mailto:lst@walbrookpr.com)
 Nick Rome / Joe Walker

 

Notes to Editors:

 

About Light Science Technologies Holdings
plc (www.lightsciencetechnologiesholdings.com
(http://www.lightsciencetechnologiesholdings.com/) )

Light Science Technologies Holdings plc operates through three divisions:
Passive fire protection ("PFP"); AgTech ("AGT") and contract electronics
manufacturing ("CEM"). The company is involved in the design, manufacturing,
and installation of products and customized solutions spanning various
industry sectors, including commercial horticulture, pest control, lighting,
audio, gas detection, and fire protection. With a focus on addressing global
challenges related to food security, climate change, and fire protection, the
Group is committed to developing robust solutions in these rapidly growing
market sectors.

 

LSTH is the holding company for LSTH IFB Limited ("LSTH IFB") in the PFP
division; Light Science Technologies Ltd ("Light Science Technologies") and
Tomtech (UK) Limited ("Tomtech") in the AGT division and UK Circuits and
Electronics Solutions Limited ("UK Circuits") in the CEM division.

 

Passive Fire Protection (https://injectafirebarrier.com/
(https://injectafirebarrier.com/) )

 

LSTH IFB offers a practical and cost-effective solution to rectify
non-compliant public and private buildings, spanning residential, commercial,
and industrial sectors, with regard to fire safety regulations - a challenge
addressed by a £6.1 billion allocation from the UK government. Serving as the
UK's premier independent approved installer, LSTH IFB utilises the
ground-breaking Injectaclad fire-resistant graphite barrier system. This
system is retroactively installed within building cavities, reinstating
fire-resistant performance and containing the spread of fire and smoke
compliant with regulatory requirements. This innovative solution stands out as
an appealing alternative to the more costly and disruptive method of removing
external facades and installing traditional fire barriers. With a proven track
record in the passive fire protection market and a robust sales pipeline, LSTH
IFB targets a UK market potentially valued at up to £50 billion*.

 

AgTech

The Group's tailored solutions encompass control systems, grow lights, sensor
technology, venting, and irrigation systems, catering to both UK and global
customers. Key markets include indoor, vertical, glasshouses, polytunnels, and
more recently wider applications in broadacre farming. Driving factors
comprise global food and water shortages, a growing population, government
policies promoting sustainable growth methods, heightened scrutiny of food
production's impact on climate change, and a shift away from processed foods.
Key markets span the Americas, Australasia, and select locations in the Middle
East.

 

The sensorGRO technology enables real-time monitoring of essential air zone
growing factors such as carbon dioxide, air humidity, air pressure, air
temperature and light, in addition to essential root zone cardinals such as
soil temperature, soil moisture, and soil electroconductivity. Further
developments to monitor greenhouse gases, initially Nitrous Oxide (N20) are in
progress. This empowers farmers to enhance resource management, saving costs
on water, nutrients, fertilizers, and energy, while simultaneously increasing
yields and cultivating healthier crops. Learn more here:
https://lightsciencetech.com/sensorgrow/
(https://lightsciencetech.com/sensorgrow/)  . The nurturGRO sustainable grow
lighting product range, applicable to greenhouses, vertical farming,
polytunnels, and licensed medicinal plants, addresses a robust market with an
anticipated global worth of £9.1 billion** by 2030. Explore solutions
here https://lightsciencetech.com/solutions/greenhouse/
(https://lightsciencetech.com/solutions/greenhouse/)

 

Through Tomtech, the Group stands out as a UK leader in control systems for
commercial greenhouses and polytunnels. Tomtech enables growers to optimise
and automate cultivation environments, leading to superior crop growth. The
product range includes control systems, software, irrigation, lighting,
sensors, and venting, applicable across various crops, ultimately improving
yields and profitability. Discover more here https://www.tomtech.co.uk/
(https://www.tomtech.co.uk/)

 

Contract Electronics Manufacturing (https://www.ukcircuits.co.uk/
(https://www.ukcircuits.co.uk/) )

 

UK Circuits serves as the Group's profitable and revenue-strong CEM-focused
division. It excels in designing, procuring, and manufacturing high-quality
electronic products, with a specialisation in Printed Circuit Boards. These
products find application across diverse sectors such as audio, automotive,
electronics, gas detection, lighting, pest control, telecommunications and
AgTech.

 

* Estimators price cladding replacement at 10 times government budget
(theconstructionindex.co.uk)
(https://urldefense.proofpoint.com/v2/url?u=https-3A__www.theconstructionindex.co.uk_news_view_estimators-2Dprice-2Dcladding-2Dreplacement-2Dat-2D10-2Dtimes-2Dgovernment-2Dbudget&d=DwMGaQ&c=euGZstcaTDllvimEN8b7jXrwqOf-v5A_CdpgnVfiiMM&r=k3ztxpiL9GaLwCCGU9fPymgPVcqvYBuqTjjYyTHwiDE&m=FkrfCU8L8JbNSpJy2iOqi_ufsIhPkBWqki20NIFJFw75Xk8uHWT1vpic2OJY0ioQ&s=PR1_EBbDTB9ZM08WpCO_9ThUQ0hELxP6lsaT57zpanA&e=)
 2021

**Report: Allied Market Research LED Grow Lights Market Analysis 2030;
(https://www.alliedmarketresearch.com/led-grow-lights-market-A12416): USD
$12.3 billion by 2030 converted at GBP £1 = USD $1.35.
(Report:%20Allied%20Market%20Research%20LED%20Grow%20Lights%20Market%20Analysis%202030;%20(https://www.alliedmarketresearch.com/led-grow-lights-market-A12416):%20USD%20$12.3%20billion%20by%202030%20converted%20at%20GBP%20%C2%A31%20=%20USD%20$1.35.%C2%A0%C2%A0)

 

 

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