Skip to main content

We will use this latest investment to accelerate our expansion into new segments

During 2012, Digital Lumens expanded its patent portfolio for the energy-focused controls that make the Digital Lumens solution the most energy efficient LED high bay light solution available. The company also extended the product family to address a broad range of new environments. As it positions for further success in 2013, the company has closed a $10 million round of funding from existing investors including Black Coral Capital, Flybridge Capital Partners, and Stata Ventures (Stata Venture Partners).

“These impressive numbers are proof that the lighting market is moving rapidly to LED, and that Digital Lumens continues to set the standard for performance, efficiency, and value with our customers,” said Tom Pincince, President and CEO of Digital Lumens. “While we have established a leadership position in the industrial vertical, our integrated intelligence is applicable to the entire lighting market. We will use this latest investment to accelerate our expansion into new segments and international markets, and to further develop our product and service offerings.”

Michael Twomey, Head of Technical Services at Bournemouth Airport said: “Bournemouth Airport was one of the first airports in the UK to achieve carbon-neutral ground operations in 2012 and we are extremely proud of our achievements to date.  We continue to invest in low-carbon technology to minimise our carbon footprint as part of Manchester Airport Group's sustainability agenda for all its airports.

“By replacing the lighting in car parks one and two with new low-energy LED fittings, we have been able to save energy, cost and better the journey for our customers. It is incredibly important to us, to work with a company that understands our needs and MHA Lighting have a proven track record when looking at airport lighting.”

Comments

Popular posts from this blog

while all of hit new record quarterly highs

As a result, to increase greenhouse yields and decrease producers' energy costs, they will team up with Rutgers University, the University of Arizona, Michigan State University, and Orbital Technologies Corp. on the four-year project to improve and evaluate LED lighting for greenhouse use, according to Cary Mitchell, a professor of horticulture and project director for the grant. Total sales from January through September of 2010 hit NT$92.88 billion, up 35% YoY. Meanwhile, operating profit and net profit reached NT$5.67 billion and NT$6.8 billion respectively, with accumulated EPS of NT$3.05 increasing a remarkable 50% YoY. In 3Q10, The Company’s gross margin and operating margin reached 13.9% and 6.7%, up 0.9% and 0.4% QoQ, respectively. Lite-On’s net cash position held steady at NT$11.9 billion, after its recent cash dividend distribution of NT$5 billion. Non-operating items posted a net income of NT$508 million in3Q, with Perlos’ Q3 sales reaching €138 million, up 12% YoY. Perl...

It is extremely rare for the government to ask retailers

Stephan Wittekind, Business Development Director at Traxon, said, “The highlight of this concept is that the fixtures are completely integrated into the semi-transparent structure. Therefore, they are not visible during the day, and the appearance of the stadium is completely different by night.” According to The Yomiuri Shimbun, Japanese government has encouraged major electronics retailers and home appliance makers to voluntarily halt production and sales of incandescent bulbs to save Led linear high bay light power this summer. The government plans to submit a written request under the names of Economy, Trade and Industry Minister Yukio Edano and Environment Minister Goshi Hosono to an industry group, probably sometime this week. The industry side has indicated it will oblige. It is extremely rare for the government to ask retailers and manufacturers to refrain voluntarily from selling and producing specific products.The two ministers plan to send their request to Sho-ene Akar...

Universal Display will develop new technologies and processes for OLED manufacturing

In addition to the patent sale, the 2 companies are engaged in “a strategic relationship,” with strengthened and enhanced alliances between the companies. Fujifilm will expand its business for the supply of Fujifilm's highly functional materials, such as barrier films, conductive films and flexible substrates, to OLED manufacturers globally, including Universal Display's worldwide customer base. Universal Display will develop new technologies and processes for OLED manufacturing. John R. Peeler, Veeco’s Chairman and Chief Executive Officer, commented, “Veeco continues to deliver solid results in a soft market. Second quarter revenue was $137 million, and adjusted EBITA and non-GAAP earnings per share were $20 million and $0.37, respectively, with gross margins of 45%. Veeco generated about $19 million in cash flow from operations, ending the quarter with $540 million in cash and short term investments.” Second quarter LED & Solar revenues were $87 million, including $75 mil...