LED iBond wins orders of DKK 0.65 million for a parking facility project in Austria
COMPANY ANNOUNCEMENT NO. 86
Inside information
LED iBond is proud to announce two orders for a large-scale carport project in Austria that includes the patented flagship product TRACY®. The orders have a combined value of DKK 0.65 million and is first and second phase of a larger project under deployment. The phase 1, which is the smallest part, is expected to be delivered in 2023 and phase 2 early next year. The project has a third phase, and additional orders for this phase is expected in the beginning of 2024.
Martin Løbel, CEO of LED iBond international comments:
“I’m delighted to see that our dedicated sales and marketing efforts targeted the parking facility segment during 2023 now starts to show results with confirmed win of orders, and that these orders are significant in size.
We can see that our customers demand complete lighting solutions that are more turnkey rather than just lighting panels. As a solution provider, we take on more responsibility for the technical aspects of installation design and system configuration. It is a demanding strategy for LED iBond, but the announced orders show that it is the right direction, and it strengthens our competitiveness and value for our partners and customers.”
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 to 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).