Heliospectra Featured in New Greenhouse and LED Grow Light Market Reports by Leading Research Firm
GÖTEBORG Sweden SAN FRANCISCO, CA, August 26, 2015 (Newswire.com) - Heliospectra AB (OTCQB: HLSPY, FIRSTNORTH: HELIO), a world leader in intelligent lighting technologies for plant research and greenhouse cultivation, has been recognized in MarketandMarkets’ new AgTech research reports, entitled “Smart Greenhouse Market - Forecast to 2020” and “LED Grow Light Market - Forecast to 2020”. These reports analyze the market trends for each of the market segments and their respective growth rates, which are forecast at between a 20-30% compound annual growth rate through 2020.
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Staffan Hillberg, CEO of Heliospectra, commented, “We appreciate having third party confirmation that the LED Grow Light Market and Smart Greenhouse Market are positioned for high growth. Our intelligent lighting system technology has been developed in close cooperation with international growers to fit into their existing and future environments. Heliospectra’s system works together with existing technologies such as HVAC and environmental control systems from the leading manufacturers providing the grower with a complete solution”
Click the links below for more information about the MarketsandMarkets AgTech market research reports.
Smart Greenhouse Market - Forecast to 2020
LED Grow Light Market - Forecast to 2020
Infographic: Smart Greenhouse Market and LED Grow Light Market Forecast
About Heliospectra AB
Heliospectra AB (OTCQB: HLSPY, FIRSTNORTH: HELIO) (www.heliospectra.com) specializes in intelligent lighting technology for plant research and greenhouse cultivation. The Company’s lighting system provides an effective and durable technology for cultivating greenhouse and indoor plants by combining several different groups of versatile light emitting diodes (LEDs) with optics, remote sensing techniques, and a robust heat dissipation solution. This proprietary setup gives growers the ability to control the intensity and wavelengths of the light emitted, creating a spectrum specifically adjusted to different plant species and growth stages to better facilitate photosynthesis. The complete, highly-engineered lamp produces crops that look better, taste better, and have a longer shelf-life than those grown under HID lamps. The technology not only reduces energy consumption by up to 50%, but also helps stimulate growth characteristics and improve plant quality. Other benefits include reduced light pollution, lower mercury use due to the avoidance of traditional HID/HPS bulbs, and less HVAC investment and monthly expense requirements.
Heliospectra products are based on in-depth knowledge in plant physiology and photosynthesis along with a unique way to utilize modern LED technology. After six years of development in Sweden, the company has now begun to expand into the international market. The company has raised more than $ 18 million in capital and has received more than $2.6 million through academic scholarships and grants. It has also received numerous awards for its forward thinking technology. Principal owners: Weland Steel www.welandstal.se, Swedish Industrial Fund www.industrifonden.se, Midroc www.midroc.se, Wood & Hill Investment www.whab.se
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.
Contact
Investor Relations:
Michael Swartz
Senior Analyst
Viridian Capital Advisors, LLC
212-333-0257
mswartz@viridianca.com
Staffan Hillberg, CEO
Heliospectra AB
+46-708-36 59 44
staffan.hillberg@heliospectra.com
