iLamp California License Sold for $90 Million: Empowering the Future of Smart Streetlight Technology in the Golden State

Conflow Power Group closed a $90 million deal, granting iLamp California exclusive rights to deploy smart, solar-powered streetlights in California.

With our decades of experience in the lighting, energy, and alternative energy sectors, we anticipate implementing iLamp solutions that enhance property values, aid in decreasing crime ...”— LCS7

‍Conflow Power Group has successfully closed a $90 million deal, selling the exclusive license for iLamp in California.

This groundbreaking agreement grants iLamp California full and exclusive territorial rights for the iLamp ecosystem, including all current and future applications, for the State of California.

California, known for having one of the largest transportation budgets in the country, presents a unique opportunity due to its robust solar incentives, tax credits, and funding from the Infrastructure Investment and Jobs Act.

The state also faces increasing crime rates and rising pedestrian and road fatalities, making iLamp’s technology the perfect solution to address these growing concerns.

iLamp California will serve as the gateway to smart city infrastructure throughout the state, providing much-needed road safety, crime reduction, and energy efficiency.

iLamp’s solar-powered streetlight system offers a scalable solution to municipalities, commercial developers, and utility companies, combining real-time data applications, advanced safety features, and energy independence.

Beyond lighting, iLamp systems support an array of sensors and technologies offering features including onboard air, wildfire, earthquake, gas leak, wildfire, gunshot and smoke detection,onboard communications, along with support for a wide variety of third party modules and software —transforming traditional street lighting into a multifunctional smart city engine.

Founders of LCS7: Excited About California’s Potential

The acquisition of iLamp California was spearheaded by LCS7, a merchant banking group with deep expertise in the lighting, energy, and alternative energy sectors. Speaking on the acquisition, the founders of LCS7 stated:

"We are excited about the opportunities that are evident in California for the iLamp ecosystem, and with our decades of experience in the lighting, energy, and alternative energy sectors, we anticipate implementing iLamp solutions that enhance property values, aid in decreasing crime, and ultimately create stand-alone power all over the state of California."

Innovative Licensing and Local Impact

As part of the license agreement, iLamp California will pilot cutting-edge tools and services including smart, AI driven lead generation and automated, dynamic document building and management systems. The region will benefit from dedicated supply lines, including an initial 5,000 lamps per month. The localized approach will promote economic growth by creating jobs in manufacturing, installation, and streetlight management. iLamp Microfactories can be established to produce high-mix, low-volume streetlamps tailored to the specific environmental and community needs throughout California.

In these ways, iLamp acts not only as a lighting solution but as an economic driver, supporting sub-licensing opportunities across diverse sectors, including military bases, airports, municipalities, sports venues, and industrial zones, dedicated pages for all sub-licensable rights categories as well as over 600 distinct Californian cities, regions and counties are available on iLampCalifornia.com.

Leadership and Expertise

The iLamp California management team, which is available on the company website, is composed of a diverse group of seasoned professionals, each bringing decades of expertise across multiple industries. Their collective experience spans finance, operations, energy services, media, marketing, sustainability, fintech, and strategic branding, making them a powerful force behind the successful implementation of iLamp’s smart streetlight technology.

This team’s extensive background across key sectors positions iLamp California for success as it leads the state in smart city infrastructure and innovation.

Edward Fitzpatrick CEO of Conflow Power Group said “We are thrilled to finally close on the California license as it’s clearly the biggest market in the US with so many opportunities to show case all our latest developments and technological advances, it has taken an enormous amount of time and effort from our whole team and the new iLamp California team to get us to this point, i want to thank everyone and welcome the truly impressive team in iLamp California to our growing global team”

California’s Path to Smart City Integration

With iLamp California at the helm, the state is poised to become a leader in smart city innovation. This $90 million investment ensures that California’s infrastructure will evolve to meet the needs of both residents and businesses, addressing the growing demands for safer, smarter, and more connected urban environments.

iLamp California will not only enhance road safety but also stimulate local economies, providing jobs in multiple sectors, including hardware manufacturing, software development, and ongoing streetlight management. Through this revolutionary approach, California is set to lead the U.S. in adopting cutting-edge smart streetlight technology and transforming its urban landscape.

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iLamp California is proud to announce the acquisition of the exclusive license and comprehensive rights to manufacture, sell, distribute, install, and maintain iLamp technology, as well as operate the iLamp app and module stores and Power as a Service contracts in California from Conflow Power Group. This strategic move is set to revolutionize the safety and energy security of sidewalks, streets, roads, and neighborhoods across the Golden State.

California, as one of the largest and most diverse states in the U.S., has monumental potential for implementing iLamp technology due to its vast and varied urban and rural landscapes. This agreement, valued at $90,000,000 between iLamp California and Conflow Power Group, offers benefits beyond mere lamp posts in the ground. The overall offering includes both funding and revenue-generating technologies that can be modularly added to the iLamp system, benefiting both commercial and municipal entities.

iLamp California’s revolutionary street lighting system is not just for municipalities but also offers powerful solutions for commercial developers, electricity producers, and homeowners. The iLamp system provides overnight lighting for enhanced security in neighborhoods, industrial parks, medical and retail centers without impacting the grid or the environment.

Intelligent modules available for the iLamp system enable integration into smart city systems for enhanced communications and data-driven applications. These include air quality sensors, Wi-Fi, 360-degree cameras, and even gunshot detection. These capabilities improve monitoring, leading to faster emergency response and better adaptability to environmental and traffic conditions.

Full implementation of iLamp California promises to contribute to the health of the local economy by creating jobs in manufacturing, assembly, installation, software development, maintenance, and management of the iLamp system.

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Key Benefits of iLamp Technology include:

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Improved Safety: Enhanced illumination protects pedestrians, cyclists, road, and public transportation users, reducing road and traffic accidents.

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Crime Reduction: Studies show that improved street lighting can halve outdoor index crime in a neighborhood, making public spaces usable after dark.

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Community Engagement: Better lighting encourages social activities, commerce, and interactions after dark, fostering a sense of community and improving quality of life.

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Increased Property Values: Street lighting correlates with increased property values, with even a 1% reduction in crime leading to a 0.5% to 1% increase in property values.

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Environmental Friendliness: iLamp is designed to be extremely robust, easy to install and maintain, and environmentally friendly. Its self-powered, off-grid capabilities ensure a reliable and secure light source unaffected by external conditions.

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About Conflow Power Group:

Conflow Power Group is a global technology aggregator with extensive manufacturing capabilities and years of experience in product development and electronics. Their flagship product, iLamp, integrates a variety of smart city applications, making it the most comprehensive streetlighting solution available. The company continually enhances iLamp’ s capabilities, ensuring it remains at the forefront of smart city technology.

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About iLamp California:

iLamp is a smart streetlight system designed to provide more than just lighting. Powered by solar energy, iLamp integrates advanced technologies to improve road safety, reduce crime, and offer data-driven applications for smart cities. iLamp is an essential part of modern infrastructure, transforming streetlights into intelligent urban nodes that benefit both commercial and municipal users.

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