Light Science Technologies Holdings’ Contract Electronics Manufacturing (CEM) Division has received a third order from its customer in the sports entertainment segment, worth £134,000.
Since its first order in the sports entertainment segment was announced in February 2024, Derbyshire-based Light Science has now received orders for a total of 15,000 units, worth in excess of £400,000 in revenue. The order will be completed within the current financial year.
The customer currently has 14 entertainment venues in the US, four venues in the UK, and is rapidly expanding with eight new venues currently under construction in the US.
Simon Deacon, CEO of LSTH, said: “I’m delighted with the continued momentum within the CEM Division and the Group as a whole. Importantly, we are establishing long-term relationships with global clients that have the ability to underpin repeat business opportunities, which we believe will result in increased visibility as we continue to convert our strong quoted sales pipeline.
“The Group has really turned a corner this year in all market sectors, and we’re seeing many of the changes we’ve made begin to yield positive results. In CEM specifically, we’ve invested strategically in our ability to take on larger and more significant contracts, which allows us to capitalise on the post-Covid move away from Far East manufacturing.
“We are excited to play a part in our customer’s expansion as they bring new and innovative solutions to market and we look forward to sharing further progress in the future.”
