LED iBond launches new high-power toplighting lamp for the large international greenhouse market. Patent application filed

November 1, 2023 (press release) –

Inside information

Company announcement no. 80

LED iBond has developed a new toplighting lamp (marketed as HORTISABER^TM) with a unique design targeted the established market for toplighting lamps used in modern greenhouse facilities around the world. 

The lamp is specifically designed for the indoor farming industry producing both crops and various type of plants, and has a power of 1000W, a length of 6 meters, and a very competitive performance especially in terms of energy efficiency, light homogeneity, spectral compositions, thermal properties, as well as low installation cost due to smart mounting design.

Benchmarked against other LED toplighting lamps on the market, the technical details of the 6-meter lamp are believed to be unique in several aspects leading to attractive specifications at a competitive cost point.  A patent application has been filed to protect the intellectual properties of the design of the lamp.  

The first test installation of the new lamp has recently been completed at one of Denmark's largest greenhouses and the initial results are promising.

Martin Løbel, CEO of LED iBond international comments:

"We are very proud of our new toplighting LED product that we believe is very interesting for various types of indoor farms around the world. We enter a large market with a competitive solution right when the greenhouse industry plans to upgrade their old toplighting lamps to LED technology for energy savings and increased yield. The initial feedback from our potential customers indicates that our solution is interesting and attractive. Just in Denmark , the investment in new LED toplighting lamps is expected to be several hundred million kroner in the shorter term, and internationally the potential for our product is large. We expect that it will be a significant revenue driver moving forward."

Further Information

Martin Løbel, CEO
Mobile: +45 2722 6237
Email: mlo@ledibond.com

Company contact
LED iBond International A/S
Agern Allé 5A
2970 Hørsholm
Denmark

CVR 36041609

+45 7070 7855
info@ledibond.com
www.ledibond.com

Certified adviser

Västra Hamnen Corporate Finance
Jungmansgatan 12
211 19 Malmö
Sweden

Telephone: +46 40 200 250
Email: ca@vhcorp.se

About LED iBond International A/S

Founded in 2014, LED iBond International offers innovative lighting solutions, based on years of development and deep knowledge of modern LED technology combined with advanced packaging and assembly technology. Our patented technology platform includes a very thin formfactor of only 6 mm for the light panels, offering a unique value proposition based on high design flexibility, robustness, IoT integration, and low total costs of ownership due to market leading energy efficiency and superior cooling properties. The technology platform also reduces the installation cost due a modular design with a limited need for traditional electrical wiring.    

LED iBond's technology has been installed in many projects, ranging from intelligent shelf lighting to numerous large scale illumination projects such as various parking facilities and as the indoor installation of 3.2 kilometres of TRACY®, the company's innovative flagship product, at the Technical University of Denmark . LED iBond's has also developed software-based advanced light management systems for control of lighting solutions.

LED iBond is focusing on three key business lines: Smart Building (Industry & Home), Indoor and Vertical Farming, and UV Disinfection, all projected to show significant growth in the years to come. For Indoor and Vertical Farming segments, LED iBond's roadmap includes lighting solutions which incorporate advanced IT management with monitoring using sensors, cameras, and plant analysis.

Manufacturing takes place in Denmark in LED iBond's own production facility with highly automated assembly lines.

LED iBond International A/S is admitted to trading on Nasdaq First North Growth Market Denmark (ticker: LEDIBOND).

https://news.cision.com/led-ibond/r/led-ibond-launches-new-high-power-toplighting-lamp-for-the-large-international-greenhouse-market--pa,c3867144

https://mb.cision.com/Main/19206/3867144/2400506.pdf

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