Story excerpt provided by Forbes.
Written by Loren Thompson .
Every once in a while I come across a new technology application in the defense arena that is so elegant I wonder why somebody didn’t think of it sooner. Energy Focus, Inc., (NASDAQ: EFOI) a small business headquartered outside Cleveland, seems to have come up with such a breakthrough, and as a result the U.S. Navy recently awarded it the biggest contract in the company’s history. Energy Focus is the only domestic manufacturer of LED — light emitting diode — lamps that has been certified by the sea service to provide replacements of fluorescent lighting on its warships. LED lighting requires much less electricity and maintenance to deliver equivalent illumination, enabling the Navy to book big energy savings quickly.
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Originally published September 29, 2014.