For best results when printing this announcement, please click on link below:
https://newsfile.refinitiv.com/getnewsfile/v1/story?guid=urn:newsml:reuters.com:20251015:nRSO3725Da&default-theme=true
RNS Number : 3725D Light Science Tech. Holdings PLC 15 October 2025
REACH: non-regulatory announcement*
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, provides an update
highlighting the increasing global opportunity for its AgTech division.
Highlights
· Extension of partnership to distribute market leading lighting
solutions for controlled environment agriculture, comprising glasshouses,
polytunnels and other indoor growing
· Growing demand for indoor and broadacre solutions
· Increasing international reach
Distribution framework agreement extension
The AgTech division has extended its distribution framework agreement to
distribute products developed by Gavita International B.V., a global supplier
of horticulture lighting solutions, for a further 12 months to 31 December
2026.
Having already delivered solutions to a customer in Poland earlier this year,
the pipeline of global opportunities relating to this partnership has grown to
in excess of £24.0 million from approximately £10.3 million when it was
originally announced on 10 February 2025.
Increasing levels of pipeline conversion and globalisation
Recent AgTech orders include both retrofit and new-build glasshouse turnkey
solutions, tailored to the end-users' specifications. Additionally, an order
from Haygrove Limited, a global grower of berries and cherries, and supplier
of field-scale polytunnels and associated technologies to growers in more than
50 countries, will result in the delivery of the SensorGROW platform into
Australia, New Zealand, Jordan, Poland and the USA. The Company is also set to
have its climate computers installed in a greenhouse in Bhutan.
Growing product suite
The Company continues to develop innovative environmental sensor solutions
that will further enhance positive client outcomes. For example, in a recent
trial with Dyson evaluating Life Cycle Assessment in peas, SensorGROW was
utilised to measure nitrous oxide, demonstrating how the gas can inhibit crop
growth triggered by inefficient use of fertilisers. The Board considers that
there are still numerous market opportunities available through developing the
Company's sensor technology further, with key potential developments including
methane, ammonia and water course measurement.
Simon Deacon, CEO of Light Science, commented:
"We are delighted with the increased recognition and opportunity globally and
are in concrete talks regarding a number of exciting, and importantly,
sizeable contracts. We see distribution agreements as key to our low-risk, low
cost growth strategy as we target a growing, global audience, with
increasingly strong demand for global food security and sustainable growing
solutions underpinning our confidence in converting the AgTech pipeline, which
currently stands at approximately £45 million. Furthermore, we believe that
the growing range of innovative solutions we are developing will underpin
increased demand from an even wider audience."
For additional information please contact:
Light Science Technologies Holdings plc www.lightsciencetechnologiesholdings.com
(https://url.avanan.click/v2/r02/___http:/www.lightsciencetechnologiesholdings.com___.YXAxZTpzaG9yZWNhcDphOm86ZTg4YjhkNWZmMDk2N2Y0ZWM0ZTQ0YTdlNTYzZjQ3ZTU6NzoxMDc3OjgxZGQzYWJiYzE2Nzg0MWRhNTYyMTVkZjIzMjhhYzMyYTc5YzlkZDIzMGI4NzdjNTFhOTgyM2I4N2QyOTBlY2Q6cDpGOk4)
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
(https://url.avanan.click/v2/r02/___http:/www.lightsciencetechnologiesholdings.com/___.YXAxZTpzaG9yZWNhcDphOm86ZTg4YjhkNWZmMDk2N2Y0ZWM0ZTQ0YTdlNTYzZjQ3ZTU6NzphMzgyOjQ1M2ViNTdjMDkyMDQzNDE4YzYyZDg3Y2U4NzVmMGFiYzdjODFhZGNlMGEwOGQ0MTE0MDc5NzI0NWRkYmNhZDM6cDpGOk4)
)
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://url.avanan.click/v2/r02/___https:/injectafirebarrier.com/___.YXAxZTpzaG9yZWNhcDphOm86ZTg4YjhkNWZmMDk2N2Y0ZWM0ZTQ0YTdlNTYzZjQ3ZTU6NzoyYjYwOmEwNDFiNDFhZTMwYzcxYmVhMzk3NDRiYTU0ZGE2OWI1OWJjYjAwY2NhNWU4OTg0MTEzOWU0MDU0MzA1Y2VmNTg6cDpGOk4)
)
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://url.avanan.click/v2/r02/___https:/lightsciencetech.com/sensorgrow/___.YXAxZTpzaG9yZWNhcDphOm86ZTg4YjhkNWZmMDk2N2Y0ZWM0ZTQ0YTdlNTYzZjQ3ZTU6Nzo5YmFlOjFjMmVjNjJlZDRhY2QyYTlkOGVjNDIwZTRkMjQxYjEwZTA5NTlhMDg2Y2Q5NzI3YTU1Nzk5ZGNjNjI2ZDIyYTQ6cDpGOk4)
. 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://url.avanan.click/v2/r02/___https:/lightsciencetech.com/solutions/greenhouse/___.YXAxZTpzaG9yZWNhcDphOm86ZTg4YjhkNWZmMDk2N2Y0ZWM0ZTQ0YTdlNTYzZjQ3ZTU6Nzo2MWQ5OjA0OTEwYjJlODUzYjhhNGIwZTc4YzM3NmZiYTIzYzkwNzNhMTMzOTBjNWEwMjE5MWFjYjIzYjk2N2IwM2M0NWY6cDpGOk4)
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://url.avanan.click/v2/r02/___https:/www.tomtech.co.uk/___.YXAxZTpzaG9yZWNhcDphOm86ZTg4YjhkNWZmMDk2N2Y0ZWM0ZTQ0YTdlNTYzZjQ3ZTU6Nzo1MTZmOmI0Y2I1NGI2ZTU1MWFkNDE4YzU2YWQ5YmU5ODY5MjRjNTBjYzQxZThlN2UyMDU0MjU1NDdkZDQ1Y2ZiN2UxNWM6cDpGOk4)
Contract Electronics Manufacturing (https://www.ukcircuits.co.uk/
(https://url.avanan.click/v2/r02/___https:/www.ukcircuits.co.uk/___.YXAxZTpzaG9yZWNhcDphOm86ZTg4YjhkNWZmMDk2N2Y0ZWM0ZTQ0YTdlNTYzZjQ3ZTU6NzpiNzk3OjU3OTM0ODI4M2ZjZDg0ZjU2OTExMzliODlhMDBmMWYwOTVjZjdjMDU3MzYyMzA1NzAyZmI4OGM5NzhmNDE3YzU6cDpGOk4)
)
UK Circuits serves as the Group's profitable and well-established 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://url.avanan.click/v2/r02/___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=___.YXAxZTpzaG9yZWNhcDphOm86ZTg4YjhkNWZmMDk2N2Y0ZWM0ZTQ0YTdlNTYzZjQ3ZTU6Nzo2OTEzOjA1MDUwY2NjZmE2ZWY4YzEwMTkzMjJlZjBkMWI4ZGYxZTlhNzM3MjcyNDFiMzJkNmU1YWJlMmUyY2M0YTE0NGM6cDpGOk4)
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)
*About Reach announcements
This is a Reach announcement. Reach is an investor communication service aimed
at assisting listed and unlisted (including AIM quoted) companies to
distribute media only / non-regulatory news releases into the public domain.
Information required to be notified under the AIM Rules for Companies, Market
Abuse Regulation or other regulation would be disseminated as an RNS
regulatory announcement and not on Reach.
This information is provided by Reach, the non-regulatory press release distribution service of RNS, part of the London Stock Exchange. Terms and conditions relating to the use and distribution of this information may apply. For further information, please contact
rns@lseg.com (mailto:rns@lseg.com)
or visit
www.rns.com (http://www.rns.com/)
.
RNS may use your IP address to confirm compliance with the terms and conditions, to analyse how you engage with the information contained in this communication, and to share such analysis on an anonymised basis with others as part of our commercial services. For further information about how RNS and the London Stock Exchange use the personal data you provide us, please see our
Privacy Policy (https://www.lseg.com/privacy-and-cookie-policy)
. END NRAPKQBBOBDDKKD
Copyright 2019 Regulatory News Service, all rights reserved
Recent news on Light Science Technologies Holdings