2020-03-20

Energy Focus Posts Financial Results of 2019 and to Supply LED Lighting for New Navy Ships in the U.S.

U.S.-based lighting company Energy Focus reported financial results of fiscal year 2019 and announced new contract with U.S.-based shipbuilder. For fiscal 2019, Energy Focus posted US$ 12.7 million for net sales, which were down by 29.83% compared to 2018. Net sales from commercial products were US$7.9 million, or 62.0% of total net sales for 2019, compared with $8.7 million, or 47.8% of total net sales, for 2018. Military and maritime products in 2019 accounted for 38.0% of total net sales with US$4.8 million. Adjusted EBITDA was a loss of US$5.9 million for 201...
Continue reading

Whether in city traffic, on country roads, or off-road, bicycle lights from ams OSRAM (SIX: AMS) reliably ensure visibility and safety. Just in time for the dark season, the new generation of powerful bicycle lighting is here: the innovative L... READ MORE

The way we interact with digital worlds is evolving rapidly, driven by the pursuit of ever more immersive, secure, and sustainable experiences. The latest advances in miniaturization, efficiency, and seamless integration with AR/VR solutions a... READ MORE