Welcome to our dedicated page for HLSPY news (Ticker: HLSPY), a resource for investors and traders seeking the latest updates and insights on HLSPY stock.
Heliospectra (HLSPY) delivers innovative LED lighting solutions for controlled-environment agriculture, combining precision horticulture with energy-efficient technology. This news hub provides investors and industry professionals with essential updates on the company's advancements in smart agriculture.
Track official announcements including product launches, research partnerships, and financial disclosures. Our curated collection features press releases about spectrum optimization breakthroughs, sustainability initiatives, and strategic collaborations with leading horticultural institutions.
Discover updates on Heliospectra's dynamic lighting systems like MITRA X and helioCORE control software. Stay informed about developments influencing modern greenhouse operations and vertical farming efficiency. Bookmark this page for direct access to verified information supporting informed analysis of HLSPY's market position.
Heliospectra AB, based in Gothenburg, Sweden, is launching a new project under the LEDs Make it Resilient initiative. This four-year research program at Wageningen University aims to investigate the effects of far-red light on plant growth and its interactions with beneficial insects, such as bumblebees and predatory mites. The project, started in mid-October, will utilize Heliospectra's ELIXIA LED lighting technology, focusing on sustainable horticulture practices and reducing natural gas consumption in the greenhouse sector, which contributes to 10% of the Netherlands' gas use.
Heliospectra AB has established a new reseller partnership with MineARC Systems, a leader in controlled environments, to offer Heliospectra's advanced LED lighting solutions in Australia. This partnership aims to enhance agricultural productivity by providing optimal light conditions tailored for various crops. Heliospectra will supply products including ELIXIA and MITRA LED lights and the helioCORETM automation system, which allows growers to control light conditions throughout the year. This collaboration is expected to expand Heliospectra's presence in the Australian market.
Heliospectra AB has formed a new reseller partnership with AllGreenHydroponics.com, focusing on the North American market for indoor gardening equipment. This collaboration aims to market Heliospectra's LED lighting and light control solutions designed for controlled environments in agriculture. Both companies emphasize a commitment to innovation and quality customer service for growers. The partnership is expected to enhance market reach and improve service quality across all segments of the market.
Heliospectra AB announced a new order valued at $319,000 from San Juan Strains Inc. for its MITRA LED lighting solution. This order emphasizes Heliospectra's leadership in intelligent lighting technologies geared towards greenhouse and controlled environments. San Juan Strains, based in Colorado, focuses on cannabis cultivation. The order's delivery is scheduled for Q3 2021, reinforcing Heliospectra's commitment to supporting cannabis growers with high-performance lighting solutions.
Heliospectra AB, a leader in intelligent lighting for controlled plant growth, has partnered with Harahara Inc., a Japanese cultivation solution provider. This collaboration aims to enhance the distribution of Heliospectra's LED lighting and light control systems in Japan's growing Controlled Environments Agriculture market. With Japan's shift towards high-tech agriculture, Heliospectra's fully PSE certified ELIXIA solutions and helioCORE light automation software will help optimize crop quality and yield. The partnership highlights the demand for innovative agricultural solutions in Japan.
Heliospectra AB announced that its MITRA LED lighting platform has received DLC certification, allowing customers in North America to qualify for energy efficiency discounts and rebates. This certification is essential for commercial growers, enabling them to meet power consumption regulations and achieve significant savings—potentially up to 100% on lighting upgrades. The MITRA platform is designed for high light crops with superior electrical efficacy of 2.8 µmol/J, reflecting the company's commitment to sustainable growth and energy optimization.
Heliospectra AB announced the cancellation of a SEK 72 million order from Nectar Farms Management Limited due to the company's voluntary liquidation and insufficient funds. The order, related to Heliospectra's MITRA series, was initially projected to commence in Spring 2020 but faced delays because of the Covid-19 pandemic. The inability to secure new investment led to this significant business loss.
Heliospectra AB has secured a SEK 1,750,000 research grant from Vinnova, the Swedish Innovation Authority, for their project titled "Production Control and Light Optimization in Greenhouses". This funding will facilitate the final development of their patented biofeedback sensor, set for launch in 2022. Collaborating with researchers at Chalmers University, the project aims to enhance plant growth monitoring through chlorophyll fluorescence. The advancements are expected to lead to energy savings and waste reduction in greenhouses, aligning with sustainability goals.
Heliospectra has announced the launch of helioCORE 2.0, an advanced plant science software for commercial growers and research institutions, set for full release by Q3 2021. Building on its 2018 predecessor, helioCORE 2.0 offers enhanced control over light intensity, spectrum, and photoperiod. Key features include the ability to connect up to 5,000 lights, optimize energy costs through predictive algorithms, and maintain consistent light levels. This innovation aims to improve crop yield and operational performance, reinforcing Heliospectra's position as a leader in horticultural technology.
Heliospectra AB has announced the nomination of Ljubo Mrnjavac and Bonny Heeren as new board members, set to replace Staffan Hillberg and Martin Skoglund. The nominations will be presented at the Annual General Meeting on May 20, 2021. Mrnjavac and Heeren bring extensive international business experience, which is expected to enhance Heliospectra's growth in the European market. Heliospectra aims to attract the right competencies and investment to drive rapid growth, emphasizing a shift towards data-driven and sustainable solutions in the horticulture sector.
