AgTech Contract Win

Light Science Technologies Holdings plc (AIM: LST), the innovative technology and manufacturing business providing real-world solutions targeting issues including global food security and fire safety, announces the award of a contract worth approximately £300,000 for a university in Wales. In addition to the order, a maintenance package, valued at £19,000 annually, covering the design, supply, and installation of environmental computer control and irrigation systems is also expected. Revenue from the contract is expected to be recognised during the current financial year.

The project involves the refurbishment of a glasshouse to establish a state-of-the-art research facility, featuring 29 zones that require advanced lighting, heating, cooling, and irrigation solutions. This initiative reflects the Group's commitment to replacing legacy systems with cutting-edge sensors, environmental computers, and software, further demonstrating its comprehensive AgTech ecosystem, with on-site implementation slated for June 2026.

This contract further solidifies the Group's role as a leader in sustainable agricultural technology as it continues to convert its c.£35 million AgTech pipeline.

Nottingham Trent University ("NTU") Update

Onsite implementation of the state-of-the-art modular vertical farming system (see announcement dated 27 October 2025) has now commenced and the relationship has been strengthened with the addition of further infrastructure to the project. As a result of the increased scale, expected revenues from this project are now expected to be c.£600,000 - a 30% premium to the original value.

Simon Deacon, CEO of Light Science, stated: "We're extremely pleased to confirm our second university research-related contract, underscoring the growing demand for innovative growing solutions as food producers prioritise maximising efficiencies, inputs, and yields.

"Given the increasing concerns surrounding food security-exacerbated by war in the Middle East-there is a pressing need for countries to shift from reliance on just-in-time deliveries to local production, granting them greater control over their food supply. With rising food product costs, our technology is positioned to help growers reduce expenses while enhancing yields on a global scale.

"As a group, we remain committed to delivering innovative solutions to emerging and escalating challenges. We are encouraged by the growing traction and momentum across our target markets, as we work to convert our robust pipeline of approximately £57 million across all divisions."

Passive Fire Protection (https://injectafirebarrier.com/)

LSTH IFB offers a practical and cost-effective solution to rectify non-compliant public and private buildings, spanning residential, commercial, and industrial sectors, with regard to fire safety regulations - a challenge addressed by a £6.1 billion allocation from the UK government. Serving as the UK's premier independent approved installer, LSTH IFB utilises the ground-breaking Injectaclad fire-resistant graphite barrier system. This system is retroactively installed within building cavities, reinstating fire-resistant performance and containing the spread of fire and smoke compliant with regulatory requirements. This innovative solution stands out as an appealing alternative to the more costly and disruptive method of removing external facades and installing traditional fire barriers. With a proven track record in the passive fire protection market and a robust sales pipeline, LSTH IFB targets a UK market potentially valued at up to £50 billion*.

AgTech

The sensorGROW™ technology enables real-time monitoring of essential air zone growing factors such as carbon dioxide, air humidity, air pressure, air temperature and light, in addition to essential root zone cardinals such as soil temperature, soil moisture, and soil electroconductivity. Further developments to monitor greenhouse gases, initially Nitrous Oxide (N20) are in progress. This empowers farmers to enhance resource management, saving costs on water, nutrients, fertilizers, and energy, while simultaneously increasing yields and cultivating healthier crops. Learn more here: https://lightsciencetech.com/sensorgrow/ . The nurturGROW™ sustainable grow lighting product range, applicable to greenhouses, vertical farming, polytunnels, and licensed medicinal plants, addresses a robust market with an anticipated global worth of £9.1 billion** by 2030. Explore solutions here https://lightsciencetech.com/solutions/greenhouse/

Contract Electronics Manufacturing (https://www.ukcircuits.co.uk/)

UK Circuits serves as the Group's profitable and well-established CEM-focused division. It excels in designing, procuring, and manufacturing high-quality electronic products, with a specialisation in printed circuit boards. These products find application across diverse sectors such as audio, automotive, electronics, gas detection, lighting, pest control, telecommunications and AgTech.

**Report: Allied Market Research LED Grow Lights Market Analysis 2030; (https://www.alliedmarketresearch.com/led-grow-lights-market-A12416): USD $12.3 billion by 2030 converted at GBP £1 = USD $1.35.