Light Science Technologies (LSE:LST) has strengthened the manufacturing capacity of its contract electronics division, UK Circuits and Electronics Solutions, through a new partnership with a leading global provider of workforce management and access control systems serving the construction and infrastructure sectors.
As part of the agreement, UK Circuits has acquired and installed its partner’s former Surface Mount Technology (SMT) production line at the company’s facility in Oldham. The additional equipment is expected to significantly enhance production efficiency, precision and technical capabilities, supporting the division’s ongoing growth ambitions.
Management said the upgraded manufacturing line should increase component placement capacity by approximately 40% to 50%, enabling UK Circuits to better support existing customer programmes while also targeting larger-scale opportunities. The investment forms part of the group’s strategy to expand into higher-growth and higher-margin markets.
The partnership has already generated an initial order valued at around £70,000, with the potential for further orders totalling up to £200,000 during the current financial year. The work relates to four printed circuit board assemblies used in industrial fire safety control systems, highlighting the company’s growing presence within specialist electronics applications.
While Light Science Technologies continues to face challenges from fluctuating financial performance, including a decline in revenue and a return to losses during FY2025, recent improvements in cash generation and lower debt levels have provided some support. Technical indicators remain positive, with the shares trading above key moving averages, although valuation metrics continue to be constrained by negative earnings and the absence of a dividend yield.
More about Light Science Technologies Holdings plc
Light Science Technologies Holdings plc is a UK-based technology and manufacturing group operating across three core divisions: passive fire protection, agricultural technology and contract electronics manufacturing. The company develops, manufactures and installs products and bespoke solutions designed to address challenges related to food security, climate change and fire protection, serving customers across the construction, agriculture and electronics industries.
Leave a Reply