LED iBond wins order for 3. phase of large-scale parking facility project in Austria

COMPANY ANNOUNCEMENT NO. 89

Inside information

LED iBond is proud to announce an order for the 3. phase of a large-scale carport project in Austria that includes the patented flagship product TRACY®.  As announced in Company announcement no. 86 on 13 December 2023, the order was expected in the beginning of 2024. The order for 3. phase has a value of DKK 0.4 million and with 1. and 2. phases, the orders are combined more than DKK 1 million for the large-scale project.

Martin Løbel, CEO of LED iBond International comments:

"I'm happy to see that we secured an order for the 3. phase of this large-scale carport project in Austria. Such a large-scale project will be an important showcase for us once it has been completed. We observe an increased interest for our TRACY® product for both solar carports and indoor parking facilities across Europe, so we are quite positive about the development in business within the parking segment."

Further Information

Martin Løbel, CEO
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Company contact
LED iBond International A/S
Agern Allé 5A
2970 Hørsholm
Denmark

CVR 36041609

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www.ledibond.com

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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).

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