CollPlant closes acquisition of LightSolver, enters photonic computing sector - CLGN News | RalliesCollPlant closes acquisition of LightSolver, enters photonic computing sector
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CLGN• CollPlant completes LightSolver acquisition
- CollPlant completed its acquisition of Israel-based LightSolver, moving into high-performance computing and photonic computing.
- LightSolver is developing a Laser Processing Unit, positioned as an energy-efficient, pure photonic computing platform for demanding workloads.
- Consideration was equity-centric, including upfront ordinary shares, pre-funded warrants, and a USD 5 million investment in LightSolver.
- Milestone-based warrants become exercisable if LightSolver meets specified technological and commercial objectives.
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