LED iBond, the Danish manufacturer of ultra-minimalistic luminaire LED units, is to go public.
The company will stage an Initial Public Offering, IPO, on the Nasdaq stock exchange in New York next month.
The innovative LED modules are typically integrated in a standard range or bespoke aluminium composite panel technology.
LED iBond uses the unique properties of aluminium composite plates to integrate LEDs into an ultra-slim, ultra-efficient package. An ACP consists of two thin layers of aluminium, bonded by a PE core, resulting in an overall thickness of 6mm.
Since aluminium is both a good conductor of electricity and thermal energy, no additional wiring is required, and no additional heatsinks are required. ACPs are also economical in production, allowing new luminaire concepts to be built quickly as conventional printed circuit boards are not required.
In a statement to the stock market, the company said: ‘Aiming for substantial international growth, LED iBond has made detailed plans for its business development activities in coming years.
‘The company will continue building its international sales and partner organisation including strategic partnerships with leading regional distributors.
‘Development of new business within UV disinfection light and vertical farming is a highly prioritised area. LED iBond also expects to step up product development activities, both for hardware and soft-ware.
‘In addition, the company will expand and strengthen its patent portfolio, including 8 patent families related to the company’s basic LED lighting panel concept and to the integration of IoT into the panel’.
In 2018 LED iBond appointed Light on Line as its London and South East distributor in the UK.