G&M Family Farm Selects Heliospectra’s MITRA LED Lighting Solutions
(GOTHENBURG, Sweden, April 1, 2021)– Heliospectra AB (publ) (North American ADR OTCQB: HLSPY, and Nasdaq First North Growth Market: HELIO), a world leader in intelligent lighting technology for greenhouse and controlled plant growth environments, announces a new order from G&M Family Farm in Freshwater, NL, Canada. The order value is $301,000 CAD.
Heliospectra’s MITRA is the horticulture market’s first truly modular LED light. Designed by Growers for Growers, MITRA is the perfect solution for high light crops, boasting in high-intensity light output and electrical efficacy of up to 2.8 µmol/J.
G & M Family Farm Ltd. is dedicated to producing sustainable and unique agricultural products to the province of NL. Their mission is to provide thier customers with the highest quality product possible. G & M Family Farm is owned and operated by the Smith family on property that has been farmed for upwards of 80 years. The Farm is managed based on sound principles of conserving natural resources, growing, hiring and eating locally-grown and chemical-free foods; as well as providing unique products. Heliospectra looks forward to being the lighting supplier partner for G&M farms as they enter the cannabis market in Newfoundland.
The order will be delivered during the second and third quarters of this year.
For More Information:
Rebecca Nordin, Head of IR at Heliospectra | +46 (0)72 536 8116 | ir@heliospectra.com
Heliospectra AB (publ) (OTCQB: HLSPY, and Nasdaq First North Growth Market: HELIO) was founded in 2006 in Sweden by plant scientists and biologists with one vision – to make crop production more intelligent and resource-efficient. Today, with customers across six continents, Heliospectra is the global leader in innovative horticulture lighting technology, custom light control systems and specialized services for greenhouse and controlled plant growth environments. Designed by growers for growers, Heliospectra builds customized LED lighting strategies and controls to automate production schedules, forecast yields and monitor crop health and performance with real-time data and response, to deliver the light plants love and the consistent results growers need.
For more information, please visit https://www.heliospectra.com.
Company HELIO is listed at Nasdaq First North Growth Market with Redeye AB as Certified Adviser:
Certifiedadviser@redeye.se, +46 (0)8 121 576 90.
Forward-Looking Statements
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 such which 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 09:15 CEST on April 1, 2021.