Light Science Technologies Holdings (LSE:LST) has reported a strong start for its passive fire protection division following the acquisition of RLUK Injection, the owner of the Injectaclad system, in April. The business has secured two installation contracts with a combined value of between £390,000 and £775,000, while also accelerating work on a major remediation project in Hull.
Since completing the acquisition, the company has also received approximately £885,000 of orders for Injectaclad materials through its network of approved installers. Combined, the new installation and product supply contracts represent between £1.28 million and £1.66 million of additional business, providing early evidence of the commercial benefits expected from the transaction.
Management believes the performance validates its strategy of creating a vertically integrated passive fire protection business that combines installation services with the supply of proprietary fire remediation products. This model is designed to improve margins, strengthen customer relationships and create additional revenue opportunities across the building safety market.
The company also expects to benefit from improving conditions within the UK remediation sector as the Building Safety Regulator works through a backlog of project approvals. Growing engagement with industry stakeholders and increasing market awareness of Injectaclad’s cavity fire barrier solutions are contributing to a strengthening pipeline of opportunities.
Injectaclad technology is designed to enhance fire safety without requiring the full removal of building façades, offering a potentially faster and more cost-effective solution for remediation projects. Management believes demand for such systems will continue to increase as regulatory requirements and building safety standards evolve.
The group remains focused on securing larger contracts, expanding recurring revenue streams and improving cash generation as it scales its passive fire protection operations.
More about Light Science Technologies Holdings
Light Science Technologies Holdings plc operates across three core divisions: passive fire protection, agricultural technology (AgTech) and contract electronics manufacturing (CEM). Through its passive fire protection business, the company supplies and installs Injectaclad fire-resistant systems designed to improve building safety and support remediation projects. Its AgTech division develops technologies for controlled-environment agriculture, while its electronics manufacturing operation provides specialist PCB-based solutions to a range of industrial customers.
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