What is LED iBond’s Project about?
Founded in 2014, LED iBond International offers innovative solutions for integrating light and data, based on the company’s deep knowledge of modern LED technology and many years of development. LED iBond’s latest project develops around LED iBond’s flagship product Tracy®, which provides the lightest and thinnest LED panels available for commercial use today. Tracy® will serve as the base for a new smart LED infrastructure system for the green and smart buildings of the future, in order to support monitoring and real-time management of building energy consumption, temperature, ventilation, humidity, heating and a wide range of other building functions.
LED iBond expects that the project will expand the application potential of Tracy® significantly.
1st Mile’s Work with LED iBond
1st Mile was involved in LED iBond’s business development at an early stage and after a successful collaboration it was able to successfully help securing funding for the project in the first attempt. This press release can be found here.
The project, named ”LED Light as IoT infrastructure for buildings and industrial applications” was awarded a grant of DKK 9.6 million, of which LED iBond will receive DKK 6.1 million over a period of two years, while the other projects partners will receive a total of DKK 3.5 million.
“The EUDP grant is a seal of approval for our technology as well as our potential within smart buildings which is one of our core markets. The grant provides us with the opportunity to speed up development of our core products, which will put us further ahead of the competition. We are grateful for the trust that EUDP has shown us with this grant” – Rolf H. Sprunk-Jansen, CEO of LED iBond International.