Firefly LED Lighting Receives Funding for Product Commercialization

Firefly LED Lighting has received $3 million in funding from the State of Texas Emerging Technology Fund for product commercialization.

To save energy costs and lessen environmental impact, energy industry regulators in the United States and worldwide are phasing out incandescent and fluorescent lighting in favor of LED technology. More energy-efficient and longer lasting than conventional lighting, the products of Firefly LED Lighting help in lowering consumer costs by over 80 percent for energy, 96 percent for maintenance, and increase ROI with a quick payback.

The products of Firefly LED Lighting offer a 32 percent reduction in temperature, 48 percent increase in thermal conductivity, up to 223 percent increase in surface area, and up to 40,000 hours of light output, along with added light and motion sensors and controls.

Firefly products are manufactured in Texas, which helps strengthen the local economy and create jobs. In a press release, Firefly CEO Steve Barcik said, “We are very excited to be awarded the ETF grant to help commercialize our products. It is a big vote of confidence and validates our business model. The Texas Emerging Technology Fund cultivates the powerful entrepreneurial community in Texas and it is an honor and a privilege to work together with them to grow the economy and put Texans back to work.”

A complete series of spot and flood lamps was launched last week by Firefly for indoor and outdoor use. The modular heat sink and driver technology of Firefly ensure that the lamps will provide years of service and save thousands of dollars.

Barcik said Firefly has a powerful relationship with ATI, including regular advisory meetings and networking opportunities with local clean tech entrepreneurs, venture capital investors, government officials, and potential customers.

In a press release, Clean Energy (News - Alert) Incubator Director Mitch Jacobson said “Steve Barcik and his team have been the consummate group to work with through our Clean Energy Incubator. Steve came to us a year and a half ago with his cutting-edge lighting ideas and technology, and it has been a real pleasure and honor to work with him to get to this stage of success of receiving Emerging Technology Funding and starting product commercialization in a vital area of energy efficiency in buildings around the world.”

In related news, Advanced Analogic Technologies (News - Alert), an analog semiconductor company focused on powering innovative solutions in consumer, industrial, and communications markets, introduced the AAT14XX family of 31 mA step-up single-channel light-emitting diode drivers capable of driving up to 10 LEDs in a single string.