Light Science Technologies Holdings PLC (AIM:LST) PLC CEO Simon Deacon talked with Proactive's Stephen Gunnion about the company's momentum heading into 2026, highlighting growth across its AgTech and Passive Fire Protection divisions. Deacon discussed the company's extended agreement with Gavita and Agrolux, which now runs until December 2026, enabling LST to support international projects with its turnkey lighting, sensing and environmental control solutions.
He noted: “We also provide a different range of lighting, but also sensors and our climate computer as well. So it’s really drawn some real international inquiries.” The collaboration has helped expand the quoted pipeline from £10 million to approximately £24 million in a short span.
Deacon attributed increasing international demand to changing climate conditions, prompting more investment in glasshouses, hybrid polytunnels and vertical farming. A recent project in Poland and traction across Europe underscore LST’s growing market share, with roughly 75-80% of the pipeline now based in Europe.
He also discussed SensorGROW, a SaaS-based environmental monitoring platform that enables growers to automate and enhance their farming conditions, with AI capabilities expected to evolve as data accumulates.
Looking ahead, the company expects strong growth in 2026, supported by a broader quoted pipeline worth around £65 million across its divisions.
For more on the extended Gavita deal, follow this link.
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