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The startup sees a 75 percent boost in efficiency with its LED bulb, a new material platform for bringing down the cost of LEDs for general lighting.
Two municipalities in California will get efficient, long-lasting LED streetlights and pay for the installation through energy and maintenance savings.
Lemnis Lighting introduces two no-frills LED bulbs--one priced under $5 and one under $7--that don't give off much light but may tempt consumers to try efficient LEDs for general lighting.
Luminus Devices says it has a super-efficient LED that can direct light like a laser. The company also now has $72 million to see if it can pull it off.
Just as Blu-ray is picking up steam, two start-ups begin work on technologies that may replace one day replace it.