Telensa has announced that it achieved sales of £8m and pre-tax profit of £1.2m for the year ending March 31, 2013.
Telensa's revenue in 2011/12 totalled £6.7m (US$10.9m). This growth of around 20% is the result of the company securing contracts from further UK street light contractors and local authorities for its PLANet (Public Lighting Active Network) wireless street light central management system (CMS).
Telensa's PLANet system controls switching and dimming of street lights. It also measures energy and detects faulty street lights and helps customers deliver significant savings on energy bills and meet government carbon emission targets.
Will Gibson, co-founder and MD, Telensa Limited, said: "Our growth and strong order book are further proof that demand is rising for 'smart' street lighting systems. Telensa is the leading supplier in this market because our long range, low power wireless solution is the simplest to deploy, the most reliable, extremely cost-effective, and is compliant with European and American radio regulations.
"We estimate that there will be up to 200 million 'smart' street light units installed globally in the next two decades and we believe that with our large installed base in the UK, we are in a strong position to penetrate overseas markets. We are particularly focusing our efforts in the Americas and have a number of pilot projects underway, one of which is in San Francisco where our system has been selected for an adaptive lighting trial linked to changing traffic flows."
The UK is said to be leading the world in the adoption of 'smart' street lighting with 21% (1.5 million) of the UK's 7 million street lights already committed to being equipped with CMS technology.
The PLANet system comprises telecell control units & dimming modules, base-stations (or gateways), a central system server and a user interface. With a full range of devices, Telensa say that their system can be applied to all types of lighting fixtures, retro or new build deployments. The system also works with a wide range of lamp types including LEDs.
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