LED iBond

LED iBond International A/S (CPH: LEDIBOND) is a Danish public company that designs, engineers, and manufactures lighting solutions, operating from its headquarters in Hørsholm and a production facility in Farum. Founded in 2014 by Lars Frederiksen, the inventor behind the company's core patents, the firm has established itself by developing a patented technology platform for versatile and energy-efficient LED lighting. In April 2024, Frederiksen retired from his active role but remains available as a consultant.

The company's business model is centered on selling lighting products and integrated solutions across three primary market segments: Industrial & Smart Buildings (including parking facilities, service stations, and solar carports), Horticulture (greenhouses and vertical farms), and customized interior lighting. Revenue is generated through direct sales of its hardware products and is transitioning towards a recurring-revenue model with the recent acquisition of InfoGrow, a cloud-based greenhouse management software platform that provides energy and production optimization as a subscription service. The firm's products are designed and manufactured in Denmark at a highly automated facility.

LED iBond's product portfolio is based on several key technology platforms. The TRACY® and GRACY™ systems feature a slim 6mm form factor, allowing for high design flexibility, robustness, and simplified installation with less cabling. These products are utilized in various applications, from large-scale projects like the 3.2-kilometer installation at the Technical University of Denmark to elevator ceilings for Thyssen-Krupp. For the agriculture technology market, the HORTISABER™ is a toplighting lamp for commercial greenhouses, noted for its light homogeneity and thermal management. The company also offers advanced light management systems for controlling its solutions. Significant milestones include receiving a "Highly Commended" award at the LUX 2018 Awards for the TRACY® system and a joint venture with US-based Baldr Light in 2021 to focus on UV disinfection light sources.

Keywords: LED lighting solutions, public company, Danish technology, energy-efficient lighting, smart buildings, horticulture lighting, vertical farming, greenhouse management, patented technology, TRACY lighting system, GRACY lighting system, HORTISABER grow lights, InfoGrow software, agri-tech, lighting manufacturing, industrial lighting, solar carports, customized lighting, IoT integration, light management systems