Repeat Orders Signal Ag Tech Industry’s Standardization of Heliospectra’s Market-Leading Technology Solutions
Heliospectra AB (publ) (OTCQB: HLSPY, FIRSTNORTH: HELIO), world leader in intelligent lighting technology for greenhouses and controlled plant growth environments, announces a sixth order from a global Fortune 500 AgTech company. The year-end order of E60 series lighting indicates that AgTech industry leaders are rapidly standardizing on Heliospectra’s proven LED solutions. The order valued at 2 723 000 SEK ($328,482 USD) completes five previous orders from this customer between 2015 and 2017.
“It is exciting to see industry-leading companies standardize on Heliospectra’s product portfolio with repeat orders,” said Ali Ahmadian, CEO, Heliospectra. “Our AgTech customers’ research results influence the future of commercial food production and spur the adoption of LED technologies worldwide.”
Committed to delivering highest-quality crops and controlling consistent yields, Heliospectra provides AgTech companies with lighting solutions that address a diverse range of commercial and research applications.
"The superior quality of our products ensures reliable mission-critical lighting for greenhouse and indoor growing environments,” explained Ahmadian. “Whether our AgTech customers are using our optimized fixed spectrum or adjustable full spectrum, they know they are implementing the most flexible and advanced horticulture lighting technology available in the market.”
This order will be delivered in the fourth quarter and will be reflected in the Q4 accounts.
Ali Ahmadian, CEO of Heliospectra | +46 (0)72 203 6344 | [email protected]
Redeye is Heliospectra Certified Advisor for Nasdaq First North - www.redeye.se
Heliospectra AB (publ) (OTCQB: HLS, FIRST NORTH: HELIO) is the industry’s most proven intelligent lighting technology for greenhouse and controlled plant growth environments. With the vision to make commercial crop production more connected and resource-efficient, growers and commercial producers across six continents use Heliospectra holistic and flexible solutions to consistently increase yields while producing crops that achieve quality appearance, superior nutritional or medicinal value and longer shelf life, harvest after harvest. Founded in 2006 and winner of multiple international awards and recognitions, Heliospectra has raised more than $32 million in capital to date. As a publicly traded company, the majority ownership remains with some of Heliospectra earliest investors Weland Steel, Swedish Industrial Fund and Midroc New Technology. For more information, please visit https://www.heliospectra.com.
The statements in this press release constitute forward-looking statements within the meaning of federal securities laws. Such statements are based on our current beliefs and expectations and are inherently subject to significant business, economic and competitive uncertainties and contingencies, many of which are beyond our control. In addition, such forward-looking statements are subject to assumptions with respect to future business strategies and decisions that are subject to change. Potential risks and uncertainties include, but are not limited to, technical advances in the industry as well as political and economic conditions present within the industry. We do not take any obligation to update any forward-looking statement to reflect events or developments after a forward-looking statement was made.
This information is information that Heliospectra AB (publ) is obliged to make public pursuant to the EU Market Abuse Regulation. The information was submitted for publication, through the agency of the contact person set out above, at 14.00 CET / 8 AM EST on November 28, 2017.