Light Science Technologies Holdings PLC (AIM:LST) has found ways for farming customers to be more energy-efficient.
It's launched a sensor product and founder and chief executive Simon Deacon says "We've got over 26 beta testers and this will create millions and millions of pounds of recurring revenue."
Despite having an order book of £18mln, Deacon says the company has lowered forecasts because while it continues to grow, macroeconomic conditions dictate a prudent approach to managing expectations.