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CollPlant Subsidiary LightSolver Signs Agreement with Israel Ministry of Defense

Fiscal.ai

CollPlant Biotechnologies Ltd. announced that its subsidiary, LightSolver Ltd., has signed an agreement with the Israel Ministry of Defense's Directorate of Defense Research & Development (DDR&D) to develop and deliver a Laser Processing Unit (LPU).

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  1. Globenewswire IncNa

    LightSolver Secures ~$1.8 Million Grant from Israel’s Innovation Authority to Advance its Laser Processing Unit (LPU)

    LightSolver, a subsidiary of CollPlant Biotechnologies, has secured approximately $1.8 million in grant funding from Israel's Innovation Authority to advance its Laser Processing Unit (LPU), an all-optical laser-based computing platform. The program aims to develop next-generation LPU hardware for solving partial differential equations, expand algorithmic capabilities, and integrate the LPU into high-performance computing environments. This grant builds on LightSolver's recent momentum, including strategic partnerships with Boeing and the Israel Ministry of Defense, peer-reviewed research, and a growing IP portfolio.