Derby company grows order book with client win

A Derby-based electronics engineer has secured a contract with a new client, worth £130,000.

Light Science Technologies, which operates in controlled environment agriculture, contract electronics manufacturing, and passive fire protection, has seen its CEM division, UK Circuits and Electronics Solutions, secure the contract win.

The unnamed company operates in the sports entertainment market and Light Science is optimistic “this venture holds significant potential for follow on revenue in this new segment”.

Light Science Technologies was founded in 2020 and presently employs 73 staff members, generating annual revenues of £9m.

CHief executive Simon Deacon said: “This is a great start to the current financial year for our CEM division as it continues to successfully convert its strong forward order book, which currently stands at over £4m. Last year was this division’s best year on record, successfully growing sales and increasing margins while operations were positioned to handle larger volume projects on the back of investment in equipment and staff training.

“We are extremely excited by the move into the sports entertainment market and look forward to further broadening our portfolio of customers. Furthermore, given the significant growth potential of our CEA and PFP divisions, we look forward to providing further updates in the coming months.”