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Heliospectra Stock Price, News & Analysis

HLSPY OTC

Welcome to our dedicated page for Heliospectra news (Ticker: HLSPY), a resource for investors and traders seeking the latest updates and insights on Heliospectra 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.

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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.

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Heliospectra AB announced a significant order from G&M Family Farm in Freshwater, NL, Canada, valued at $301,000 CAD. This order marks the company's entry into the cannabis market in Newfoundland, leveraging its MITRA modular LED lighting solutions, which offer high-intensity light output and electrical efficacy of up to 2.8 µmol/J.

The delivery is scheduled for the second and third quarters of 2021, reflecting Heliospectra's commitment to supporting sustainable agriculture.

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Heliospectra AB has collaborated with Carleton College to enhance its greenhouse facilities by installing advanced ELIXIA LED lights and the helioCORE control system. This upgrade is expected to reduce greenhouse energy consumption by over 100,000 kWh annually, achieving a 65% decrease. The project generated more than $17,000 in rebates, supporting the college's sustainability goals. The partnership strengthens local agricultural initiatives and provides students with valuable research opportunities in plant growth and sustainability.

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Heliospectra AB announced two new energy-saving guides aimed at growers in the USA and Canada. These resources detail available rebates and expected paybacks for energy-efficient lighting upgrades in 2021. The press release highlights that lighting accounts for nearly 38% of total electricity consumption in growing facilities. With the implementation of LED technology, growers can expect energy savings between 25% to 56%, alongside reduced maintenance costs. As energy efficiency becomes a growing priority, now is the time for growers to capture available rebates before new regulations are established.

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Heliospectra AB (OTCQB: HLSPY) announced a new order valued at $281,720 from Environmental Growth Chambers located in Chagrin Falls, OH. The order reflects the demand for Heliospectra's ELIXIA lighting technology, which enhances crop growth through tunable wavelengths. Delivery of the order is set for Q2 2021. Environmental Growth Chambers has been a player in controlled environment solutions since 1953, offering various products and services for plant growth.

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Heliospectra AB (OTCQB: HLSPY, Nasdaq First North: HELIO) has secured a new order valued at $132,278 USD from Origin Coast Inc., a cannabis company in Nova Scotia, Canada. This order, featuring Heliospectra's MITRA LED lighting solutions, is set for delivery in Q4 2020. As the first modular LED light in the horticulture market, MITRA is designed for high-intensity light output, making it an ideal choice for craft cannabis production. This partnership reflects Heliospectra's commitment to high-quality lighting technology in controlled growth environments.

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Heliospectra

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46.35M
Optical Instrument and Lens Manufacturing
Manufacturing
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Sweden
Goteborg