Light Science Technologies Holdings PLC (AIM:LST) CEO Simon Deacon joined Proactive’s Stephen Gunnion with details of a follow-on sports entertainment order within the company’s Contract Electronics Manufacturing (CEM) Division.
Deacon noted that this relationship with a client manufacturing golf balls with embedded electronics has brought in over £500,000 in revenue since the start of the year. With 18 operational venues and eight more under construction in the UK and US, he expects more growth from this client.
He also emphasised that (CEM) remains a strong revenue driver for the group, bolstered by increased reshoring of manufacturing to the UK due to global uncertainties. Deacon is optimistic about continued growth in this sector and confident in the company’s overall trajectory toward profitability.
Light Science Technologies scores another sports entertainment order (proactiveinvestors.co.uk)