LED iBond wins orders of DKK 0.65 million for a parking facility project in Austria

COMPANY ANNOUNCEMENT NO. 86

Inside information

LED iBond is proud to announce two orders for a large-scale carport project in Austria that includes the patented flagship product TRACY®.  The orders have a combined value of DKK 0.65 million and is first and second phase of a larger project under deployment. The phase 1, which is the smallest part, is expected to be delivered in 2023 and phase 2 early next year. The project has a third phase, and additional orders for this phase is expected in the beginning of 2024.

Martin Løbel, CEO of LED iBond international comments:

“I’m delighted to see that our dedicated sales and marketing efforts targeted the parking facility segment during 2023 now starts to show results with confirmed win of orders, and that these orders are significant in size.

We can see that our customers demand complete lighting solutions that are more turnkey rather than just lighting panels. As a solution provider, we take on more responsibility for the technical aspects of installation design and system configuration. It is a demanding strategy for LED iBond, but the announced orders show that it is the right direction, and it strengthens our competitiveness and value for our partners and customers.”