Shine bright: Patience has been a virtue for lighting technology firm

For LumaStream, a 10-year-old St. Petersburg tech company that specializes in low-voltage LED lighting and power storage solutions, 2019 might be looked back on as a watershed year.

Founder and Chairman Eric Higgs says the firm has taken big strides in the past 11 months. It’s in talks to provide lighting systems for a major big-box retail chain — Higgs declines to disclose which one — and has made progress toward reaching its $5.2 million capital-raise goal. The firm has made so much progress on the latter that Higgs says he’s going to revise it to somewhere between $10 million and $15 million.