In a strong signal of investor confidence, Light Science Technologies Holdings Plc (LSE:LST) has successfully raised £6.6 million to support its next phase of growth. The fundraising, which included a £600,000 retail offer, was oversubscribed, reflecting positive market sentiment toward the company’s expanding role in high-demand sectors such as fire safety, food security, and defence.
Speaking on The Watchlist, CEO Simon Deacon outlined how the capital will be deployed over the next 12 to 18 months to scale operations and secure larger, recurring revenue contracts.
Focus on Three Core Divisions
The newly raised funds will be directed toward strengthening the company’s three key divisions:
- Passive Fire Protection
- Contract Electronics
- Controlled Environment Agriculture (CEA)
According to Deacon, these areas are experiencing strong market growth, driven by increasing regulatory requirements and global demand for safer infrastructure and more efficient food production systems.
“Our focus is to build these three divisions,” Deacon said, highlighting the company’s strategy to integrate its technologies across sectors to win larger contracts where it is specified as a provider.
Expansion into Fire Safety: The Injectaclad Opportunity
A major strategic step has been the acquisition of Injectaclad, a fire safety solution designed to address cladding-related risks in buildings. The technology allows fire protection materials to be installed externally, eliminating the need to remove building facades or displace occupants.
This approach offers both cost and time efficiencies, key advantages in a market under pressure to remediate unsafe buildings quickly.
The scale of the opportunity is significant. Deacon estimates that around 40,000 buildings in the UK require remedial fire safety work, representing an addressable market of approximately £4 billion.
Injectaclad has undergone extensive third-party testing and accreditation, positioning it as a credible solution within a highly regulated environment. The company is already working through a £24 million quoted pipeline of projects progressing via the Building Safety Regulator.
Responding to Regulatory Tailwinds
Both fire safety and food security are sectors undergoing rapid regulatory evolution. In the UK, legislation such as the Building Safety Act and Fire Safety Act has intensified demand for compliant solutions.
Government support has further accelerated activity, with £6 billion allocated to building remediation efforts, although only a portion of this has been deployed so far.
Light Science Technologies is actively engaging with fire officers, architects, and regulators to increase awareness and adoption of its solutions, aiming to secure a strong position as projects move through approval pipelines.
Technology Driving Sustainable Food Production
Beyond fire safety, the company continues to innovate in controlled environment agriculture. Originally focused on boosting crop yields, its technology has evolved in response to rising energy and material costs.
Its sensor-based systems now provide real-time data on crop conditions, enabling growers to optimise inputs such as energy, water, and nutrients. The result is improved profitability and sustainability, an increasingly critical requirement in modern agriculture.
“Our technology provides real-world solutions,” Deacon explained, noting how changing global conditions have reshaped priorities within the sector.
Positioned for Long-Term Growth
With strong demand across its target markets and a reinforced balance sheet, Light Science Technologies Holdings Plc is positioning itself for sustained expansion. The combination of regulatory drivers, technological innovation, and a growing pipeline of opportunities suggests the company is well placed to capitalise on long-term structural trends.
As Deacon concluded, the mission extends beyond commercial success: ensuring safer buildings and more sustainable food production systems for the future.
For more information visit – https://lightsciencetech.com/
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