Osram, a Munich, Germany-based tech company, is moving forward in its quest to become a leading provider of intelligent plant growth solutions by acquiring Fluence Bioengineering, Inc. of Austin, TX. Fluence was founded in 2013 and specializes in LED-based horticultural systems, using Osram LED chips, for a wide variety of applications including vertical farming, especially in urban areas. Potential crops range from salad greens and herbs to medicinal plants.
“Fluence is opening the floodgates to a huge future market,” says Stefan Kampmann, Chief Technology Office of OSRAM Licht AG. “Its extensive knowledge of the horticulture market and possible applications, combined with Osram’s expertise in lighting technologies, sensors, and connectivity, will position us as a leading horticultural solutions provider.”
Associated smart farming software can be integrated into Osram’s Internet of Things (IoT) platform Lightelligence, which brings the digitalization of lighting control to a new level. By combining and analyzing sensor data, Lightelligence enables significant progress in automation and intelligent applications far beyond lighting.
LED-based solutions from Fluence are designed to help growers meet their yield and sustainability goals by increasing harvests up to 25%, reducing energy costs by as much as 50% and, through the targeted use of light, improving the quality and nutritional content of plants.
“Today’s news marks a new era for our existing and prospective customers, as well as for the countless friends and industry partners we have met during the last five years,” said Nick Klase, Co-Founder and CEO of Fluence Bioengineering, in a blog post on the company’s website. “Not only will we continue to develop the renowned solutions that helped us become a leading provider of LED-based lighting solutions in North America, but we now have a very capable partner who will help us deliver even more sophisticated products and services to a global market.”