REG - Light Science Tech. - CEM Contract Wins

Light Science Technologies HoldingsAnnouncement

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RNS Number : 4383V  Light Science Tech. Holdings PLC  15 August 2025

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Light Science Technologies Holdings plc

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

 

CEM Contract Wins worth approximately £0.5m

 

UK Transport Contract for New Customer & Follow-on Orders

 

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 its Contract
Electronics Manufacturing division ("CEM"), UK Circuits and Electronics
Solutions Limited ("UKC"), has won three contracts worth, in aggregate,
approximately £0.5m (comprising a new contract worth approximately £0.3m and
two re-tendered contracts with existing clients worth a further approximately
£0.2m).

 

The first contract is for a new client based in Sweden, which specialises in
electronic signage for the transport sector, providing upgraded lighting
circuitry for use on a major UK transport network. Valued at approximately
£0.3m, monthly deliveries are expected to start in October 2025 and continue
over the course of the next financial year, and this opportunity has the
potential to generate follow-on revenue.

 

The CEM division has also received a further two successfully re-tendered
contacts from existing clients, worth in addition, approximately £0.2m.
Deliveries of these two contracts will also commence in the Company's current
financial year, with the two new orders expected to be fulfilled by the end of
October 2026.

 

The total value of the CEM forward order book now stands in excess of £2.5m.

 

UKC continues to supply products to a growing number of customers across an
increasingly broad range of market sectors, targeting larger contracts which
provide better financial visibility. The focus is on targeting higher-margin
sectors thereby reducing exposure to individual markets and clients, with
increased investment, automation and accreditations positioning CEM for
increasingly profitable growth. These contracts demonstrate an increasingly
robust conversion of the Group's strong quoted pipeline, which, as announced
in the Company's unaudited interim results for the 6 months ended 31 May 2025,
released on 12 August 2025, currently stands at over £58m across its three
divisions.

 

Simon Deacon, CEO of LSTH, commented: "We are delighted to share the positive
progress in our CEM division with a new client win and two follow-on contract
wins. We are highly focused on converting our quoted pipeline and are
continuing to progressively re-position the CEM division into key growth
markets which include transport, defence and the medical sectors.

 

"In particular, we are excited to be providing turnkey solutions for this
prestigious new customer based in Sweden, also demonstrating the potential for
further international growth and further de-risking the CEM division as we
continue to diversify."

 

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

 Shore Capital (Nominated Adviser and Broker)        +44 (0)20 7408 4050

 Tom Griffiths / George Payne

 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 SensorGROW 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 NurturGROW 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.
(https://www.alliedmarketresearch.com/led-grow-lights-market-A12416)

 

 

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