Cosmicnode, a Dutch specialist in wireless control solutions for LED lighting and other applications, has gone bankrupt. The company, based at the High Tech Campus in Eindhoven, the Netherlands, had been operating under the radar for years. Just this spring, when it began to present itself more visibly to the market, it filed for bankruptcy.
Curator Reinoud van Oeijen of Holla Legal & Tax in Eindhoven confirmed the news last week. He explained that Cosmicnode itself had filed for bankruptcy and that a potential restart is now being considered. At the time of filing, the company employed only three people, namely its founders.
Although the curator is still studying the details of the case, he already noted that the company's revenue streams had been "very limited." Cosmicnode had been looking for new investors.
Wireless control of LED lights
Cosmicnode built its reputation with wireless control technology. In its early years, the company worked exclusively with a single LED supplier, but over time it gradually expanded.
In horticulture, Cosmicnode's systems are already part of many large-scale LED lighting projects. Earlier this year, the founders explained that many growers who adjust their light spectrum or dim LED lamps to improve plant growth are using Cosmicnode technology.
At the moment, a curator is mapping out which growers are using the systems and where they are located. For now, operations have been paused. However, the curator emphasized that if growers face urgent problems, he is willing to provide service support. "That's also in the interest of a possible restart," he explained.
App and cloud platform
Cosmicnode offered HortiControls and Cosmicnode Infinity. HortiControls is an app available in the Google Play Store and the App Store, allowing growers to control LED lighting via smartphone, computer, or climate computer. Cosmicnode Infinity is a cloud platform for centralized control and remote monitoring of multiple greenhouses from anywhere in the world, all through a single sign-on.
The bankruptcy was officially published on Wednesday, and several parties have already expressed interest in the company. The curator is currently assessing how serious those inquiries are.
Alongside investigating the causes of the bankruptcy, the curator will soon contact creditors. In his experience, this often triggers additional interest from potential buyers. "The coming days are crucial for making a restart possible. You can put in the article that candidates are welcome to come forward," Van Oeijen said.
The bankruptcy was declared by the East Brabant Court on 19 August and is registered under case number 01.obr.25.228.F.1300.1.25.
