Light Science Technologies CEO Simon Deacon joined Steve Darling from Proactive to discuss the company’s unaudited interim results for the six months ended 31 May 2026, describing the period as transformational following a £6.6 million fundraising (£6.1 million net) that funded three strategic acquisitions. Deacon said the acquisitions, particularly the purchase of RLUK Injection Ltd and its patented Injectaclad system, are materially reshaping the group’s operational footprint and positioning it for high-margin growth in the second half of the year. Reported first-half revenue was £3.73 million with a 30.5% gross margin, while the adjusted operating loss was £0.69 million as the business absorbed integration costs and experienced delays in Passive Fire Protection (PFP) project approvals. Operationally, the PFP division completed the integration of Injectaclad and established a fully operational northern distribution hub in Manchester. Since the acquisition closed in April, the division has secured significant commercial activity, including contracts announced in May and June valued at between £1.28 million and £1.66 million expected to be recognized during the current financial year. The Contract Electronics Manufacturing division added four new clients expected to contribute up to £1 million annually, while the AgTech division advanced the £0.6 million Nottingham Trent University Smart Agriculture Research Centre project and secured a further £0.3 million university contract in Wales. Deacon said trading momentum has improved sharply since the period end, with £2.15 million of revenue generated in the two months to 31 July 2026 and a committed forward order book of £3.09 million. He added that improving Building Safety Regulator approvals are accelerating pipeline conversion in the PFP division and underpin management’s confidence in a substantially stronger second half and a return to profitable growth. #proactiveinvestors #lightsciencetechnologiesplc #aim #lst #PassiveFireProtection #Injectaclad #AgTech #ElectronicsManufacturing #GrowthCompany #UKStocks #IndustrialTechnology #BusinessGrowth #passivefireprotection #contractelectronics #agtech #buildingsafety #UKsmallcap #AIM #investing #proactiveinvestors