Inission has been chosen to produce and deliver LumenRadios pioneering wireless control system for ventilation and air conditioning systems. The contract is long term and for Inission it is a deal worth about 50 million SEK.
“For Inission this is a strategic deal of great importance. We will do everything from purchasing and production to testing of products and packaging in unique customer packaging for direct delivery to LumenRadios end customer. The majority of manufacturing and distribution is managed by our factory in Tallinn. We will also meet our client’s local needs for flexible production and communication in Sweden. The first delivery takes place shortly and we expect to be at full speed at the beginning of next year. This is a partnership that is based on a good and long-term confidence in each other, “says Rolf Siltala, Site Manager at Inission Göteborg AB.
“We at LumenRadio see a very bright future. The market for ultra-reliable wireless radio is expanding and we are delighted to have Inission as a total supplier. We have previously worked with Inission and we value their dedication, flexibility and ability to help us with the entire process. Inission has under great pressure and little room for error ensured that production has started in a satisfactory manner, “says Alexander Hellstrom, CEO of LumenRadio.
NEW BUSINESS OPPORTUNITIES
LumenRadio is a global partner in wireless communications. They have led the development of wireless systems in the lighting industry, and can now also offer the innovation Mira, an extremely reliable wireless platform for products within the IoT and M2M. With Mira LumenRadio apply its patented wireless technology in more areas, such as energy monitoring, sensor applications and building automation.
LumenRadio focuses on providing the most reliable, scalable, and cost-effective wireless platform on the market. Together with a producer and supplier of ventilation and climate, LumenRadio have developed a product that reduces installation costs and installation time as well as making the climate system easier to maintain and upgrade for all property owners.
For more information contact:
Rolf Siltala, Site Manager Inission Göteborg AB
tel. 0737 19 63 38
About Inission AB
Inission is a total supplier of customized manufacturing and logistics services in advanced industrial electronics. The Group consists of the parent company Inission AB and the wholly owned subsidiaries Inssion TRIAB AB and Inission Skeab AB in Stockholm, Inission Göteborg AB, Inission Borås AB, Inission Munkfors AB, Inission Pajala AB, Inission Malmö AB, Inission Montronic AB in Sösdala, the Estonian company Inission Tallinn OÜ and the sale company Inission København ApS. Inissions annual turnover is approx. 610 MSEK, has approx. 340 employees and is listed on Nasdaq First North with Avanza Bank AB as certified advisor.