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Fortune 500 Global AgTech Leader Standardizes on Heliospectra LED Grow Light Technology

Approaching 1,000 LED Lighting System Deployment After Heliospectra Receives Fourth Order - (GOTHENBURG, Sweden/SAN FRANCISCO, CA, September 19, 2016) – Heliospectra AB (publ) (OTCQB: HLSPY, FIRSTNORTH: HELIO), a world leader in intelligent lighting technology for controlled environments horticulture, is proud to announce its fourth order from a Fortune 500 global agricultural technology company.

This order, valued at $220,000 (1.9M SEK), adds to a previous two orders from this client in 2015 and another in June 2016, bringing the total light count deployed to approximately 1,000 Heliospectra high-efficiency E60 LED grow lights.  

Mr. Staffan Hillberg, CEO of Heliospectra, commented, “Our customer is raising the bar in the AgTech industry by accelerating the transition of their greenhouse lights from wasteful conventional light fixtures to high-performance, environmentally responsible Heliospectra LED lighting systems.”

In the USA, the AgTech industry consumes an estimated 180 Gigawatt-hours of power annually to light crops in greenhouses, growth chambers, and other controlled environments. The Heliospectra solution reduces light-related energy consumption by 40 percent while it boosts production of highlight requirement crops. Still greater savings are achieved by avoiding the maintenance issues inherent to other lighting products that require annual bulb changes and suffer from 8-20 percent failure rates.

“Heliospectra is recognized around the world for delivering real value with high-performance systems that rapidly improve the bottom line,” said Caroline Nordahl Wells, general manager, Americas for Heliospectra. “We’re proud to be selected by leading North American growers and scientists who count on us to help them meet their crop yield and quality goals every day.”

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