LED lighting is emblematic of the emerging Clean Revolution technologies, which promise minimal environmental impact, generate immense economic value, and have the power to change our lives for the better.
But like any new technology, they face barriers to adoption from a market.
The price premium on LED lighting products still remains high, and the initial purchase price represents a significant barrier to decision makers when considering an initial investment in general lighting applications.
The core of our innovative LED system proposition is the modular approach to luminaire design and manufacturing. It comprises of small number of types of building blocks for LED lighting products. Our technology enables to produce LED lighting products with any predetermined specifications rather than investing in new products development, custom molds production and expensive assembly, speeding up time-to-market while reducing cost and risk.
TAILOR-MADE LED LIGHTING SOLUTIONS
- Karen Petrosyan - CTO, Samvel Mkhitaryan- CFO