Ljusgårda AB Invests in Heliospectra's Innovative LED Lighting Solutions

GOTHENBURG, Sweden and SAN FRANCISCO, Aug 8, 2018 /PRNewswire/ --

Heliospectra AB (publ) (OTCQB: HLSPY) (FIRSTNORTH: HELIO), a world leader in intelligent lighting technology for greenhouse and controlled plant growth environments, announces a new order from Ljusgårda AB. The company, located in Tibro, Sweden, focuses on sustainable, eco-conscious vertical farming with the goal to produce high-quality vegetables year-round. The order is for Heliospectra's fully adjustable ELIXIA LED lighting solution and valued at around SEK 1.3 million($ 143,552). 

Ljusgårda AB's new premises are ready to provide customers with flavorful, tasty crops. The company has re-purposed an old factory in Tibro to create a state-of-the-art indoor controlled environment facility of 7000m2 with a capacity to produce over 1000 tons of food per year - completely free from pesticides. The crops will be grown in hydroponic vertical cultivation towers combined with state-of-the-art energy-efficient LED lighting.

"Our goal is to produce tasty high-quality vegetables that our customers can eat with a good conscience. No pesticides, low water consumption and a 100% renewable energy, and since the products are locally produced, we avoid long transports and emission," says Andreas Wilhelmsson, CEO of Ljusgårda.

"Further, controlled environments agriculture (CEA) allows us to control every aspect of our growing environment. This includes nutrition, water, temperature, light and more. A controllable lighting solution like Heliospectra's ELIXIA also lets us adjust the light spectrum to fit specific crops. This enables us to create an optimal environment for diverse crops, accelerate harvest and achieve consistent, high-quality production year-round. Achieving year-round yields are something you can't take for granted in a country like Sweden," he continues.

"Given unpredictable weather conditions and changes in seasonal daylight, businesses across Scandinavia and Europe see a need to become more self-sufficient. Controlled environments agriculture and Heliospectra's dynamic lighting solutions give growers the tools needed to maintain control over their production and the ability to supply retailers with consistent production year-round," says Ali Ahmadian CEO Heliospectra AB. "Ljusgårda's dedication to sustainable, innovative and profitable business performance is something we share, and I look forward to a rewarding collaboration."  

Heliospectra's ELIXIA creates clear business benefits for cultivation teams and researchers around the world. The fully adjustable LED lighting solution is compatible with Heliospectra's HelioCORE™ light control software, enabling growers to improve the quality of plants, accelerate harvest and production cycles while providing consistent and standardized returns.

Delivery will take place and be visible in the accounts during the third and fourth quarter of 2018.

CONTACT:

Investor Relations:
Ali Ahmadian
CEO of Heliospectra
+46(0)72-203-6344
ir@heliospectra.com

Redeye is Heliospectra Certified Advisor for Nasdaq First North - www.redeye.se

http://www.heliospectra.com

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SOURCE Heliospectra