Heliospectra AB

Heliospectra AB Overview

Company Headquarters: Sweden

Founded: 2006

Workforce: 30

Company Working: Heliospectra AB (Heliospectra) develops and manufactures intelligent lighting solutions for greenhouses and controlled growth environments. Some of the crops that use intelligent lighting systems are cannabis, cereals, lettuce, dionysia, oregano, parsley, tomato, and coriander. Apart from lighting fixtures the company also markets control software.

HelioCORE control software let growers apply customized lighting strategies across the production and harvest cycle. Other technical services offered by the company include customizing lighting strategies, utility rebate, commercial crop trials, cultivating team training, custom spectrum design, installation design, and power analysis.

Strategy

Heliospectra aims at providing market-leading solutions through innovation and collaboration. It also focuses on helping growers and operation teams to enhance harvest cycles, increase yields, and control consistency.

Company Snapshot

$1.6M

Revenue

30

Employees

2006

Founded

Sweden

Headquarters

SWOT Analysis

Strengths

Strong customer base
Strong brand identity

Weaknesses

Limited success outside core business
Financial planning

Opportunities

Strategic partnership with leading players

Threats

Regulatory environment
Intense competition

Key Developments

Date	Approach	Development
May 2019	Product Expansion	Heliospectra AB expanded its LED lighting solutions and included ELIXIA 600W high-voltage adjustable spectrum light. This new product is mainly used for greenhouse and indoor horticulture applications.
May 2019	Product Launch	Heliospectra AB introduced a new modular LED lighting solution with customizable configurations. MITRA LED lighting solution allows growers to integrate MITRA into greenhouses, and indoor and vertical installations.
September 2018	Contract	Heliospectra AB signed a contract for the supply of adjustable LED lighting solutions and HelioCORE light control software with Cannabis Pharm. The order was worth USD 154,000
May, 2018	Partnership	Heliospectra AB partnered with ABB Ltd, a manufacturer of electrification solutions, robotics & motion, industrial automation & renewables. This partnership helps Heliospectra AB to innovate lighting solutions for the Middle East & African market.
April, 2018	Product Launch	Heliospectra AB launched HelioCORE, a software that enables businesses to automate and connect growing environments

Product Offering

LED Grow Lights
helioCORE
helioCARE

Financial Performance

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