Osram is taking the next step in its development of intelligent plant growth solutions by acquiring Fluence Bioengineering, Inc. of Austin, Texas. Fluence specializes in LED-based horticultural systems, using Osram LED chips, for a wide variety of applications including vertical farming, especially in urban areas. Potential crops range from salad greens and herbs to medicinal plants. Osram and Fluence have agreed not to disclose the purchase price.

Heliospectra AB (publ) presented their Interim Management Statement for January - March 2018.

Heliospectra AB, specializing in intelligent lighting technology for greenhouse and controlled plant growth environments, announces the commercial release of the company's new light control software HelioCORE™. HelioCORE enables businesses to automate and connect growing environments in order to reliably monitor and forecast yields, and ensure consistent, high-quality crops year-round. Compatible with Heliospectra's  LX60 and RX30 intelligent LED lighting solutions, the HelioCORE system is now available for order.

Heliospectra AB announces a second order from their value-added reseller Griffin Greenhouse Supplies for the E60 C plate full-spectrum series LED grow lights. The order value is SEK 4.6 million (USD $549,000). Delivery will take place and be visible in the accounts in Q3 2018.