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Group to insource a large part of this work and have invested in our own PCB assembly capabilities by setting up a dual line SMT facility in-house. Again, this took time to get to grips with, but is reducing our overall cost base, and allows us far greater flexibility. If a customer needs a rapid turnaround for a low volume item, for example, then we can load that locally, without the need to commit to supplier MOQs.
“ The last four years have been challenging for us, as they have been for almost everyone. The decision to acquire another business during a serious downturn was a risk. However, that risk was worth taking, and we are now in a very strong position with mature lighting products that are gaining great traction in the market. 2022 and 2023 were years of investment. 2024 was a year of good growth, and 2025 is looking like even further growth for us, especially in cabin lighting.
“ With the phase out of fluorescent tubes, demand for LED lighting will continue to
grow. The business is positioned to meet the demands of the retrofit market, which is considerable. Regarding new aircraft that are coming off the production line at Boeing and Airbus, we are actively working on our strategy to become an approved supplier to both companies.
“ We sowed the seeds for growth when we acquired Cobalt and their great portfolio of lighting products. The market for lighting is huge, even in the retrofit space, with circa 30,000 aircraft in service right now, so we see a great opportunity to grow the business substantially. The same goes for USB power. This is a growing market, and as power banks are expected to be banned as carry-on due to safety risks, airlines need their customers to be happy,” he concludes.“ Our system does that by keeping their phones and tablets charged safely throughout the flight.” ■
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