Proactive - Interviews for investors podcast

Light Science CEO on £300k University glasshouse contract and maintenance upside

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Light Science Technologies Holdings PLC (AIM:LST, FRA:9FD) CEO Simon Deacon talked with Proactive's Stephen Gunnion about a newly secured contract worth approximately £300,000 to refurbish a university glasshouse in Wales, alongside an expected £19,000 annual maintenance package. Deacon explained that the project includes a full-service offering spanning hardware, software, and ongoing support. He noted that around 60% of the contract value comes from hardware such as lighting, sensors, environmental controls, and irrigation systems, with the remainder split between installation, maintenance, and software integration. The software component plays a key role in delivering live data and managing multiple growing zones within the facility. The company is positioning itself as a turnkey solutions provider in the AgTech sector. Deacon highlighted the competitive advantage of offering an integrated package, stating, “what we're providing is that whole turnkey package for growers, farmers who they can become reliant on.” He added that this approach differentiates the company from competitors that focus on individual components such as lighting or sensors. The contract is also expected to act as a reference site, supporting further growth across the UK and Europe. Deacon pointed to previous projects delivering measurable revenue uplift and emphasised increasing demand as growers seek to improve efficiency amid rising input costs. He also addressed broader industry drivers, including food security concerns and geopolitical pressures impacting supply chains, which are accelerating demand for localised and technology-enabled food production. Visit Proactive's YouTube channel for more videos, give this video a like, subscribe to the channel, and enable notifications for future content. #LightScienceTechnologies #AgTech #GlasshouseFarming #FoodSecurity #SmartFarming #ControlledEnvironmentAgriculture #AgriTech #UKBusiness #FarmingInnovation #SustainableAgriculture #GreenhouseTechnology #PrecisionAgriculture #TechInFarming.

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