'Cause I stuffed this one up last time with square brackets.
STTCOMP VIV, FA Long
(ASX: VIVID TECHNOLOGY)
SP: 4.6c
MC: $16.67 Million
Shares: 362,471,340
Top 20: Own 45%
- Selected as preferred supplier for Coca Cola Amatil. CCA is currently undergoing a a second cost optimisation program, targeting at least a further $100 million of savings to be delivered over three years. VIV Managing Director Samuel Marks says of the agreement:
"We look forward to continuing to work closely on opportunities across Amatil’s Australian-based industrial warehousing, manufacturing and commercial sites, to maximise energy saving opportunities"
- VIV has developed a unique global leading lighting platform which is more cost-effective and energy efficient than other comparable systems. Partnership with CSIRO (
http://www.csiro.au/en/Research/MF/...onment/Coatings-and-surfaces/Fast-and-Furious)
- VIV is
"only product on the market capable of operating at such low temperatures" of extreme subzero temperatures of -45 degrees celsius. Asia’s premier logistics provider deployed this system on 3 April 2017 (see announcement)
- VIV management include Charles Macek (a director of Telstra from 2001-2009 and Wesfarmers from 2001-2014), Samuel Marks from General Electric and PwC, Mr Redmond with15+ years experience including work with Airbus, Boeing, GM Holden, Lockheed Martin and Northrop Grumman, and Urbain du Plessis who has worked on lighting for several Olympic venues and F1 Night Racing (holds plenty of patents).
- VIV received Westpac Business of Tomorrow award (independently assessed by Deloitte and chosen by a high profile judging panel including people from Westpac, Cochlear, IAG, Microsoft)
- Vivid Industrial also won the Frost & Sullivan Australia 2016 Growth Excellence in Smart Lighting Solutions Award. Previously awarded in 2015 to Philips Lighting (Philips market cap: ~$27 billion)
- VIV owns 33% of "NewCO2Fuels" (
http://www.newco2fuels.co.il/) an Israeli start-up company formed to develop and commercialise an innovative system to profitably produce fuels from CO2 and water, using renewable high temperature heat from solar or excess heat from industry. Only Australian company in the last 35 years to establish a deal with the Weizmann Institute in Israel. This is a $1 Trillion+ accessible market. NCF entered into a term sheet with Sinopec (one of the worlds largest companies with reported revenues of US$447b) to commercialise for the Chinese market. Further progress expected near term, whilst further partnership opportunities across Europe also continue to progress.
- The global
industrial and commercial LED lighting market is expected to reach USD $165 billion by 2022
