LightLab has signed an agreement with Osram Fluorescent Materials to co-develop a luminescent powder for general lighting. The two parties will jointly invest resources to develop a new powder optimized for LightLab’s EEE Light™ Technology.
“We’re working with several partners to drive forward the development of our luminescent powder,” said LightLab CEO Jan-Erik Lennefalk. “Working with leading players in the lighting industry is a core part of our development strategy. It’s a major step forward to gain another strong partner in Osram Fluorescent Materials as they will help us develop a new, innovative luminescent powder for general lighting.
Osram has have the capacity to deliver large volumes and an extremely competent development team enthusiastic about working with EEE Light™ Technology. To get such strong support from such a well established lighting company creates a promising foundation for future business success.”
“LightLab ’ s field emission lighting technology is an innovative and exciting new lighting solution with huge market potential,” said Qian Yuanying, Deputy Chairman of CRE. China Rare Earth Holdings Lte is listed in Hong Kong and is a shareholder in Osram Fluorescent Materials. “Osram Fluorescent Materials has extensive experience in manufacturing, research and development of luminescent powder, and we are looking forward to establishing a mutually beneficial cooperation with LightLab. Together, we plan to further develop technologically improved luminescent powder and offer a brand-new commercialized lighting solution to the global market.”