2016-10-03

Asian Development Bank Invests US $200M in LED Light Upgrade in India

A new $200 million Asian Development Bank (ADB) loan will finance installation of millions of energy-efficient lights in streets and homes and energy-efficient water pumps in farms across India, leading to energy savings of around 3,800 gigawatt-hours per year, equivalent to the annual output of two 300-megawatt coal-fired power stations. 
Continue reading
2016-08-16

Pixelligent Closes $10.4 Million in Funding

Pixelligent Technologies, the leader in high-index advanced materials for Solid State Lighting and Display applications and producer of PixClear® products, announced that it closed US $10.4 million in new funding. The round was led by The Abell Foundation, The Bunting Family Office, and David Testa, the former Chief Investment Officer of T. Rowe Price. Funds will be used to complete the installation of additional manufacturing capacity, open new offices in Asia, and continue to drive innovation in lighting, display and optical applications.
Continue reading
2016-07-14

Austrian Manufacturer BILTON Acquires EUR 1.6M for Further Expansion

The BILTON Group has established itself on the market with innovative products and newly-conceived production processes as a specialist for flexible linear LED lighting and intelligent light management systems. With the recently-conducted capital increase of EUR 1.6 million (US $1.78 million), the model company from Salzburg is now fit for rapid expansion. After a growth of over 70% in the last fiscal year, an increase in turnover for this year of more than 100% is planned.
Continue reading

Violumas, provider of high-power UV LED solutions and inventor of 3-PAD LED technology, is proud to launch the release of new 275nm and 265nm LEDs in mid-power, high-power, and high-density packages. The radiant flux of the new 275nm and 265nm... READ MORE

DURHAM, NC – November 12, 2024 –– Cree LED, a Penguin Solutions brand (Nasdaq: PENG), today announced the launch of its new CV28D LEDs with FusionBeam™ Technology, a groundbreaking advancement for the LED signage market... READ MORE