Light Science Technologies Holdings PLC (AIM:LST, FRA:9FD) CEO Simon Deacon talked with Proactive's Stepuen Gunnion about the company’s latest acquisitions, including the strategic purchase of Injectaclad, and how the deal positions the group for growth in the passive fire protection market.

Deacon described the move as transformational for the group, explaining that the acquisitions strengthen the company’s contract electronics manufacturing division while also enabling the expansion of its passive fire protection offering. The Injectaclad technology plays a central role in this strategy, providing a patented graphite sealant material designed to prevent fire and smoke from spreading through cavities in high-rise buildings. The material expands significantly under heat, helping seal gaps and maintain fire protection.

The CEO highlighted the scale of the opportunity, noting that thousands of buildings require remediation work following updated building safety regulations. According to Deacon, the acquisition creates an opportunity to address a significant market need while generating strong margins. As he explained during the interview, “we see this as being a really good cash-generative, profitable business, which can be expanded very quickly at a low cost.”

The company raised £6 million to fund the acquisitions, invest in research and development, and strengthen the balance sheet to support larger contracts. Deacon also discussed plans to expand in defence and medical electronics markets while scaling the Injectaclad installation network to accelerate revenue growth.

Watch the full interview to learn how Light Science Technologies Holdings PLC plans to convert its pipeline opportunities and scale its fire safety and electronics divisions.

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